Loan Review Officer III
About The Position
The Loan Review Officer III performs reviews of complex loan types and leads reviews of large or high-risk lending areas. The role leads or assists with special projects, including due diligence for potential acquisitions, and is responsible for ongoing evaluation of the bank’s commercial loan portfolio quality and compliance with established policies, regulatory guidelines, and sound lending practices. The officer provides bank management and the Board of Directors with evaluations of portfolio risk and collectability, and of the stability of lending practices and activities. The role works under limited supervision and provides functional guidance to subordinate officers. Loan Review teams are distributed across the company’s footprint and collaborate within their teams and across the department. The organization describes its approach as “disciplined growth through measured risk,” and states that effort and performance are rewarded.
Requirements
- Bachelor’s degree in Finance or Accounting and 5+ years of experience in loan review and analysis, or 10+ years of equivalent related experience.
- Advanced knowledge of accounting, credit analysis, financial analyses, lending practices, banking regulations, and the Uniform Commercial Code.
- Advanced knowledge and understanding of financial analysis, including ratio, trend, and cash flow analysis.
- Excellent knowledge and understanding of commercial lending policy, procedures, and loan documentation requirements.
- Excellent oral and written communication skills to prepare and present persuasive reports.
- Excellent PC and spreadsheet software skills.
Responsibilities
- Evaluate commercial loan portfolio credit risk through annual reviews of commercial lending departments, quarterly new underwriting reviews, and participation in quarterly asset quality meetings.
- Verify risk grades for individual loan relationships by analyzing borrowers’ capacity to repay debt and discussing the analysis with the Loan Review Manager, Relationship Managers, and senior leaders.
- Assist with or lead ongoing credit risk reviews, special projects, and due diligence for potential bank acquisitions as needed.
- Prepare written reports for lending department management, senior credit administration personnel, the Chief Credit Officer, and executive management.
- Review criticized loans, assess collateral adequacy, and make recommendations regarding potential shortfalls and losses.
Benefits
- Training and development to support long-term employee careers
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What This Job Offers
Job Type
Full-time
Career Level
Senior
