Loan Review Specialist I

Shore United Bank • Easton, MD

409d • $49,920 - $58,240

About The Position

The Loan Review Specialist I at Shore United Bank is responsible for reviewing noncomplex commercial loans and performing administrative duties within the loan review function. This role involves ensuring compliance with operating policies, maintaining accurate records, and communicating effectively with various personnel to support the loan review process.

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

• Experience in a banking or financial services environment.
• Knowledge of regulatory requirements related to loan review.

Responsibilities

• Review noncomplex commercial loans and perform administrative duties as part of the loan review function.
• Obtain sufficient data from internal and external sources to assist in the review completion.
• Exercise good judgment regarding credit quality while reviewing and re-analyzing the financial condition of borrowers and guarantors.
• Include compliance issues in the review of commercial credit.
• Identify issues that may lead to losses and assess the accuracy of risk ratings.
• Maintain accuracy of work papers and documentation to support accountability for results.
• Involve lending support as needed in the resolution of identified errors.
• Report results of credit relationship review to management and Commercial Relationship Managers.
• Monitor credit and documentation exceptions.
• Assist the Loan Review Manager with special projects and other duties.
• Identify and respond to opportunities to communicate affiliate products and services.
• Achieve goals assigned as part of the department's annual operating plan.
• Abide by laws and organizational policies to promote a harassment-free workplace.
• Cooperate with and support adherence to internal policies and regulatory requirements.
• Participate in required training sessions, including BSA/AML compliance training.
• Coordinate specific work tasks with other personnel to ensure efficient information flow.
• Communicate with management and staff to integrate goals and activities.
• Respond to inquiries from bank personnel and customers within established policy and time frames.
• Maintain appropriate records and provide assigned reports.

Benefits

• Comprehensive benefits package including health, dental, and vision insurance.
• Company-paid life insurance and mental health well-being support.
• Short-term and long-term disability coverage.
• Paid parental leave.
• 401k savings plan with up to a 4% company match.
• Employee Stock Purchase Plan.
• Employee banking services and loan discount program.
• Education assistance and career development program.
• Employee Assistance Program and wellness initiatives.
• Generous paid time off and paid sick time.
• Community involvement opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees