Loan Review Officer - Loan Review

WesBanco Bank, Inc.•Frankfort, KY

About The Position

Under the direction of the Director of Loan Review, the Loan Review Officer assists in independently and objectively evaluating the quality of the loan portfolio, the adequacy of loan documentation, and the effectiveness of loan administration. The role also assists with communicating review results verbally and in writing. The position works under the supervision of the Loan Review Department Manager.

Requirements

Thorough knowledge of commercial and consumer lending, banking laws, and regulations.
Proficiency in Microsoft Word, Excel, and Outlook.
Ability to use tools provided to perform job responsibilities.
Ability to develop working knowledge of commercial lending, including collateral documentation, generally accepted practices, and financial analysis.
Ability to read, analyze, and interpret financial reports and legal documents.
Ability to write management reports that conform to prescribed style and format.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret technical and financial information and work with subjective and concrete variables.
Bachelor’s degree from an accredited college or university in a business-related field.
At least 3 years of experience as a Federal Bank Examiner or in loan review or credit analysis.

Nice To Haves

Accounting or Finance major.
BAI Loan Review Certification or RMA Credit Risk Certification.

Responsibilities

Assist in assessing credit risk and monitoring compliance with loan policies and procedures, banking laws, and regulations.
Identify and assess credit, legal, and strategic risks arising from lending activities.
Assess the collectability of extensions of credit by reviewing customer financial information, collateral information and documentation, and payment history.
Assign appropriate risk grades to reflect the relative risk of default or loss.
Recommend corrective actions to help resolve or work out problem situations.
Evaluate the adequacy of loan and collateral documentation and the effectiveness of loan administration.
Review commercial credits of all types and complexities.
Lead exit meetings for unit reviews.
Communicate review results verbally and in writing.
Acquire and maintain proficiency in bank policies and procedures, comply with applicable laws and regulations, and complete assigned compliance training in a timely manner.