Loan Review Assistant

The Honesdale National Bank•Honesdale, PA

7d•Onsite

About The Position

Supports the Loan Review Officer in their responsibility of reviewing a variety of loans that are completely structured and/or a high dollar value to ensure that bank lending policies and financial interests are maintained; provides analytical services relating to the lending activities of the institution; analyzing financial statements and other relevant data with respect to credit worthiness.

Requirements

A bachelor’s degree in Finance or Business Administration or related field or a high school diploma with specialized training
Proficient in keyboarding and PC Skills
Good interpersonal and communication skills
Strong analytical skills

Responsibilities

Perform reviews of various scopes of loans to identify and detect potential problem credits at an early stage to prevent possible losses to the bank
Perform annual reviews of large commercial relationships
Perform quarterly reviews of Watch, Criticized, and Classified loan relationships over a certain dollar amount
Review new commercial loans and samples of consumer loans for credit quality, adherence to Loan Policy and lending authorities, proper documentation, and adherence to OCC regulations
Ensure the accuracy of risk ratings in the loan portfolio and recommend changes as necessary
Identify policy exceptions and continually monitor portfolio loans with exceptions
Respond to credit reference requests on behalf of customers
Prepare various loan portfolio analysis reports and present quarterly to Senior Management and/or the Board of Directors
Prepare reports and monitor loans for compliance with Reg O
Provide various reports to support the commercial lending and credit departments
Reconcile various general ledger accounts on a monthly basis
Assist with ongoing computerization of the credit/loan review function
Assist and provide support to the Loan Review Officer, Chief Credit Officer, and Chief Lending Officer
Assist the Credit Department as necessary.
Assist with quarterly Asset Quality Committee meetings and participate in various lending meetings
Perform a secondary review of declined and withdrawn consumer and commercial loans for Fair Lending compliance
Provide assistance to auditors and regulatory examiners
Perform portfolio analysis to determine the appropriate level for Allowance for Credit Losses under CECL, including, but not limited to, determining specific impairments, portfolio segment analysis, and qualitative adjustments
Ensure the operations manual is kept current
Make recommendations to supervisor about possible methods to improve the department
Participate in community affairs to increase the bank's visibility and to enhance new business opportunities
Assume additional responsibilities as directed.