Loan Review Specialist I

Shore United Bank • Easton, MD

21h • Onsite

About The Position

Shore United Bank is seeking a full-time Loan Review Specialist I. This role is responsible for reviewing noncomplex commercial loans and performing administrative duties as part of the loan review function. The specialist is expected to achieve goals established in the department's annual operating plan, coordinate work within and across departments, and comply with operating policies and procedures. Key responsibilities include communicating with appropriate personnel, responding to inquiries, maintaining records, and providing assigned reports. The position involves exercising good judgment on credit quality, re-analyzing financial conditions of borrowers and guarantors, identifying issues that may lead to losses, assessing risk ratings, and ensuring compliance with regulatory requirements such as CRA, BSA, and Equal Credit Opportunity Act. The specialist will also assist the Loan Review Manager with special projects and promote the bank's products and services.

Requirements

• A bachelor's degree in business, accounting or finance preferred, or a minimum of one year of related experience with loan review.
• Specialized financial analysis training.

Nice To Haves

• A bachelor's degree in business, accounting or finance

Responsibilities

• Obtains sufficient data from internal & external sources to assist in the review completion
• Exercises good judgment as to credit quality while reviewing and/or re-analyzing the financial condition of borrowers and guarantors to ensure accuracy of the underwriting
• Includes compliance issues in the review of commercial credit
• Identifies issues that may lead to losses
• Assesses the accuracy of risk ratings and recommends appropriate action
• Maintains accuracy of work papers and documentation sufficient to support accountability for results and maintains productivity levels according to established standards
• Involves lending support as needed in the resolution of identified errors
• Reports results of credit relationship review to management and Commercial Relationship Managers
• Monitors credit and documentation exceptions
• Assists the Loan Review Manager as required to complete special projects and other duties relating to the department and its functions
• Identifies and responds to opportunities to communicate affiliates products and services to promote the image of the affiliate and promote Shore Bancshares’ community of companies’ products and services to potential customers and referring those customers to the proper personnel.
• Achieves goals assigned to the Loan Review Specialist as part of the assigned department's annual operating plan.
• Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the company’s compliance with all regulatory requirements, e.g., community reinvestment act (CRA), bank secrecy act (BSA), equal credit opportunity act, etc.
• Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.
• Coordinates specific work tasks with other personnel within the department as well as with other departments to ensure the smooth and efficient flow of information.
• Communicates with management and staff personnel in order to integrate goals and activities.
• Responds to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy.
• Maintains appropriate records and provides assigned reports.
• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Benefits

• Comprehensive benefits package for full-time, permanent employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
• Paid parental leave
• 401k savings plan with up to a 4% company match
• Employee Stock Purchase Plan
• Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
• Opportunity for growth and advancement
• Paid training program and continuous training sessions throughout the year on various topics
• Generous paid time off and paid sick time
• Community involvement opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees