Director of Loan Review

HomeTrust Bank•Asheville, NC

17h•Onsite

About The Position

The Director of Loan Review is responsible for leading the independent loan review function for the Bank and providing objective assessment of credit quality, underwriting practices, risk rating accuracy, policy compliance, and portfolio trends. This role serves as a key component of the Bank's overall risk management framework and is expected to proactively identify emerging credit risk issues, evaluate the effectiveness of credit administration processes, and communicate findings clearly to executive management and the Board of Directors. The Director of Loan Review operates independently from loan production and credit approval functions and is expected to maintain strong working relationships across business lines while providing credible challenge and objective oversight consistent with regulatory expectations for institutions supervised by the Federal Reserve System.

Requirements

Bachelor’s degree in Accounting, Finance, or another business-related field.
12+ years of experience in banking, a Federal regulatory agency, or a state banking commission, with an emphasis in commercial and business credit administration and risk management.
Strong understanding of commercial lending, credit analysis, loan structuring, collateral evaluation, and portfolio risk management.
Strong knowledge of regulatory expectations applicable to loan review and credit risk management within federally supervised financial institutions.
Demonstrated ability to proactively identify emerging risks and assess portfolio quality trends.
Excellent analytical and problem-solving capabilities.
Strong interpersonal, collaboration, and relationship management skills.
Exceptional written and verbal communication skills, including the ability to present complex credit issues clearly and effectively.
Ability to provide independent challenge while maintaining constructive working relationships.
High level of professionalism, sound judgment, and integrity.
Strong organizational and project management skills with ability to manage multiple priorities.
Ability to handle confidential information with the utmost discretion.
Proficient in Microsoft Office products.

Nice To Haves

Previous experience with commercial credits in amounts up to $30 million.
Minimum of 5 years of management or leadership experience.

Responsibilities

Lead the Bank's independent loan review strategy in accordance with regulatory guidance, Board-approved policies, and industry best practices, including developing and executing a comprehensive, risk-based annual loan review plan approved by executive management and the Board, or committee thereof.
Ensure loan review coverage is sufficient to evaluate material portfolios, higher-risk lending activities, and proactively identify emerging areas of concern.
Maintain methodologies, work programs, and reporting practices consistent with supervisory expectations and internal standards.
Oversee loan review scheduling, scoping, testing procedures, file documentation, and issue tracking.
Coordinate and lead outsourced loan review partners to conduct and report loan review work in accordance with bank expectations.
Conduct periodic quality control analyses of outsourced loan review results for adequacy.
Conduct loan review analyses to identify systemic weaknesses in underwriting quality, portfolio management, servicing, or credit administration processes and recommending corrective actions.
Assess the accuracy and timeliness of risk ratings and ensuring criticized/classified assets are appropriately identified.
Coordinate and communicate findings and corrective action activities with the line of business and market presidents.
Ensure timely validation of management action plans and remediation efforts.
Serve as primary liaison with regulators and external parties regarding loan review activities.
Support examinations and audits through timely and accurate information sharing.
Maintain awareness of changes in regulatory expectations, accounting standards, and industry practices impacting credit risk assessment.
Review adequacy of the Allowance for Credit Losses (ACL/CECL) support related to credit quality trends and risk identification.
Prepare clear, concise, and actionable reporting on observations, trends, and emerging risks for executive management, Board committees, and regulators.
Communicate findings in a constructive and collaborative manner while maintaining independence and objectivity.
Escalate significant credit concerns, policy expectations, deterioration trends, or control weaknesses to the Chief Risk and Chief Credit Officer on a timely basis.
Foster strong working relationships with Credit Administration, Lenders, Risk Management, Finance, Internal Audit, Compliance, and executive leadership.
Lead, mentor, and develop loan review personnel to maintain a high-performing and credible independent review function.
Promote a culture of accountability, professionalism, collaboration, and continuous improvement.
Encourage effective communication and partnership across all lending and risk functions.
Provide leadership of assigned team by leading efforts in recruitment, interviewing, and training employees.
Plan, assign, and direct departmental work that aligns with the Company's strategic direction.
Set realistic and measurable performance goals and ensure employees have appropriate professional development opportunities.
Effectively manage performance by providing consistent feedback and assisting employees in meeting established company standards and expectations.
Maintain confidentiality and security of sensitive information.
Adhere to all corporate policies and procedures, Federal and State regulations, and laws.
Complete all mandatory annual compliance training.
Follow regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
Perform other duties and special projects as assigned.