Loan Review Consultant II

Wipfli • Chicago, IL

19d • $32 - $42 • Hybrid

About The Position

At Wipfli, people count. At Wipfli, our people are core to everything we do—the catalyst behind our ability to create exceptional impact and extraordinary results. We believe in flexibility. We focus on relationships. We encourage each individual to follow their own path. People truly matter and they feel it. For those looking to make a difference and find a professional home, Wipfli offers a career-defining opportunity. This position has the opportunity to be remote, hybrid, or in person anywhere in the state of IL or the state of WI. About 10-20% travel to client locations in IL and WI is required. The position is part-time, with variable hours during the team's busy season and limited hours during the team's off season.

Requirements

• Bachelor's degree in Finance, Accounting, or related field.
• 5+ years of experience in credit underwriting, portfolio management, commercial lending, regulatory review, and/or loan review; preferred candidates will have 10+ years of experience.
• Working knowledge of commercial lending, agricultural lending, real estate development and construction lending, and required documentation.
• Exceptional understanding of regulatory policies and financial risk management.
• Knowledge of the latest financial regulations and compliance standards.
• Ability to effectively identify and communicate to management any weaknesses in loan administration or other matters requiring attention.
• Strong analytical skills and proficiency in financial modeling; experience with loan review systems preferred.
• Proactive nature and ability to think outside the box.
• About 10-20% travel to client locations in IL and WI

Nice To Haves

• Preferred candidates will have experience with loan workouts or distresssed credits

Responsibilities

• Review sample of commercial loans to ensure acceptable credit standards are maintained and loans conform to established company policy and applicable regulatory requirements.
• Examine credit risks within loan portfolios and the appropriateness of risk grades for the loans reviewed.
• Review documentation relating to originations and renewals, appraisals, collateral, insurance, flood certification(s) etc.
• Document compliance with loan policies, lending procedures and applicable regulations.
• Document observations and variations and discuss with the client.
• Use relevant experience and research skills to think beyond the policy/procedures and assist clients on complex issue or ideas that benefit the client.
• Apply lending/credit policy, product and loan guidelines, and a high level of judgment, in assessing applicant's credit worthiness.
• Conduct activities consistent with established banking policies, procedures and systems, Bank Secrecy Act and all applicable State and Federal laws and regulations.

Benefits

• Wipfli cares about our associates and offers a variety of benefits to support their well-being.
• Highlights include 8 health plan options (both HMO & PPO plans), dental and vision coverage, opportunity to enroll in HSA with potential Firm contribution and an Employee Assistance Program.
• Other benefits include firm-sponsored basic life and short and long-term disability coverage, a 401(k) savings plan & profit share as well as Firm matching contribution, well-being incentive, education & certification assistance, flexible time off, family care leave, parental leave, family formation benefits, cell phone reimbursement, and travel rewards.
• Voluntary benefit offerings include critical illness & accident insurance, hospital indemnity insurance, legal, long-term care, pet insurance, ID theft protection, and supplemental life/AD&D.
• Eligibility for all benefits programs is dependent on annual hours expectation, position status/level and location.

What This Job Offers

• Job Type: Part-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees