Loan Review Officer - Loan Review

WesBanco Bank • Uniontown, OH

1d

About The Position

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

The position requires knowledge of commercial and consumer lending and applicable banking laws and regulations to help assess credit risk and monitor compliance with loan policies, procedures, laws, and regulations. The officer reviews commercial credits of varying types and complexity, evaluates the collectability of extensions of credit, assigns risk grades, and recommends corrective actions for problem situations.

Requirements

• 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.
• 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 skills.
• 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 deal with subjective and concrete variables.

Nice To Haves

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

Responsibilities

• Assist in independently evaluating the quality of the loan portfolio, the adequacy of loan documentation, and the effectiveness of loan administration.
• Assist with communicating loan review results verbally and in writing.
• Assist in identifying and assessing 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 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.
• Maintain proficiency in bank policies and procedures, comply with applicable laws and regulations, and complete assigned compliance training in a timely manner.

What This Job Offers

• Job Type: Full-time