Loan Review Manager

First Mid Bancshares•Champaign, IL

About The Position

Responsible for assessing the level of credit risk of the Bank's loan portfolio through the management of the overall loan review function and performance of analytical reviews of new and existing individual commercial credit relationships. Responsible for the impairment analysis piece of the ACL and working with Special Assets team to calculate specific impairments. Responsible for the Loan Review Department and empowering team members to achieve desired departmental outcomes.

Requirements

Bachelor's degree with emphasis in business or finance, or commensurate banking experience.
5+ years exposure to lending, underwriting, or risk management preferred.
3+ years of management experience preferred.
High level of analytical skills and extensive knowledge of credit underwriting and documentation standards for all types of loans.
Knowledge of policy requirements and expectations related to the lending function.
Strong oral and written communication skills including high computer literacy.
Good organizational skills and ability to substantiate reviews with detailed workpapers.
Strong critical thinking, problem solving, presentation, interpersonal, and negotiation skills.
Demonstrates the ability to self-manage with minimal supervision and work effectively without detailed instructions.
High level of integrity in order to maintain independent judgment and privacy of customer and Bank information.
Proficient in Microsoft Office with advanced training in Microsoft Excel preferred.
Ability to build constructive relationships with team members.
Ability to lead, motivate, encourage, and mentor others.

Responsibilities

Manage the loan review function to ensure credit analyses are correct and risk ratings are supported as well as the scopes established by the Board of Directors are achieved.
Plans, assigns, and monitors all loan reviews for the department to ensure all work is completed in an efficient, timely, and effective manner.
Serves as the resource to internal customers for loan review work.
Manage the issue tracking piece of the AuditBoard system associated with internal loan reviews.
Assist in updating the loan review policy each year to provide the necessary changes based on regulatory guidance.
Manage the loan review team, hold regularly scheduled 1:1 meetings and schedule departmental meetings to provide necessary updates and training to ensure appropriate career development.
Manage the completion of monthly and quarterly reports for presentation to the Loan Administration Committee and Board of Directors.
Complete the monthly analysis on the Impaired relationships, including collateral analysis, while working with the Special Assets team.
Attend the monthly Special Assets Committee meetings and the Loan Administration Committee meetings and discuss the Risk Management sections when the Director of Credit Risk Management is absent.
Manage the process and provide guidance on incoming upgrade and downgrade requests from lending and Special Assets personnel as needed.
Provide guidance to lending personnel related to designation of loans as loan modifications, inclusion as or removal from non-accrual status, and determining proper timing and amount of charge offs.
Assist in managing the relationship with outside partners engaged in assisting in the completion of the loan review work, if applicable, and provide assistance to the independent auditors and federal regulators when required.
Develop appropriate training materials for lending personnel to facilitate adherence to regulatory requirements and internal policy.
Participate in the assessment of credit risk during due diligence exercises conducted as part of potential merger and acquisition activity.
Complete required training associated with job function.