Loan Review Officer

Job Title

Loan Review Officer

Job Description

• Provides objective appraisals to bank management of loans and applications for credit in order to identify potential loan problems and ensure compliance with established loan policies and federal regulations.
• Performs regular loan portfolio reviews based on risk and/or size of all credit types (commercial, consumer, residential, equipment, Small Business Administration, mortgage, HELOC, participations, etc.) that cover the areas of asset quality, documentation and compliance.
• Ensures the creditworthiness of the loan portfolio, looking for changes that merit a review of lending practices and/or adverse asset classification.
• Reviews bank processes (loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, internal controls, concentration reporting, ALLL methodology, etc.).
• Verifies quality, completeness and accuracy of supporting loan documentation and analysis.
• Reviews loan policy for adequacy.

Basic Qualifications

• Bachelor’s degree in business related field with an emphasis in finance or accounting or equivalent experience required.
• 3+ years experience in a loan review or credit analysis capacity required.
• Thorough knowledge of lending laws and regulations
• Strong analytical, technical and statistical skills
• Sound working knowledge of accounting principles and financial statements
• Ability to create reports of review findings
• Capability to effectively present information and respond to questions from groups of lenders, managers, directors and/or regulatory officials
• Strong integrity in all areas, adhering to policies, regulations and utmost ethical and legal standards
• Uphold confidentiality and privacy of findings in all situations
• Demonstrate ability to prioritize and handle multiple projects
• Remain flexible to withstand unpredictable changes to schedules and deadlines
• Interact and communicate effectively with personnel at all levels of the organization
• Knowledge of Windows based PC (MS Word/Excel/PowerPoint/Outlook)
• Knowledge of Core Bank Software
• Ability to work under stress and meet deadlines.
• Ability to operate a keyboard if required performing the essential job functions.
• Ability to read and interpret a document.
• Ability to travel if required to perform the essential job functions.