Job Description

Summary

If you are looking for a job that combines a passion for finance, an opportunity for growth, and a culture of teamwork, then you've come to the right place. We have an exciting opportunity awaiting someone like you! 

About the Role

You’ll review booked loans, both commercial and consumer, and assess the risk of repayment and loss.  You’ll verify risk grades to individual loan relationships based on your assessment and our policies and then review the underwriting of the loans to ensure they are accurate compared to loan docs. You’ll provide feedback on any issues or discrepancies that arise and work collaboratively with other internal partners to minimize risk for the bank. You’ll lead annual reviews of smaller loan portfolios or those departments posing less risk.

What You Can Expect

This role is unique because it offers you exposure to the whole bank. You’ll participate in reviewing a wide variety of loans and interact with almost every line of business. The goal is to identify problem loans or developing problem loans promptly to minimize loan losses. The reports you provide go to the Chief Credit Officer, CEO, and many other executive leaders. This role provides a great deal of variety in daily tasks beyond looking at loans. The Loan Review Officer II will work with more complex commercial and private wealth credits.

The depth of analysis required and the span of visibility with business lines are far above what other companies offer. People who come out of loan review are valued for their solid foundation of credit knowledge which translates well to moving up within the department or other career paths within the bank.

Team Culture

Loan review is the perfect place to learn about our credit culture.  Within their own reporting structures, teams are spread out across our footprint; however, there is collaboration within the teams and across our large department.  From your peers to senior leaders, everyone is available when you want to share ideas or ask questions. We practice “disciplined growth through measured risk”.  Effort and performance are rewarded.

How You'll Spend Your Time

You’ll verify risk grades to individual loan relationships after analyzing the borrower’s capacity to repay debt and after discussions with Loan Review Manager, Relationship Managers, and senior leaders regarding this analysis.
You’ll assist with continuous review of credit risk, special projects, and due diligence of potential bank acquisitions, as necessary. 
You’ll help prepare written reports directed to lending department management, senior credit administration personnel, the Chief Credit Officer, and executive management.
You’ll review criticized loans, including assessing collateral adequacy and making recommendations based on potential shortfalls and losses.  Loan Review leaderships will judge the accuracy of the recommendation.

We'd Like to Talk to You

TECH SAVVY: You'll need excellent PC skills to use and create spreadsheets and documents.  

COMMUNICATION: You’ll need exceptional verbal and written communication to express yourself clearly and concisely. 

CREDIT ACUMEN: You’ll need a solid understanding of credit underwriting, commercial lending policy and procedures, loan documentation requirements, banking regulations, and Uniform Commercial Codes.

ACCOUNTING & CREDIT: You’ll need a sound knowledge of accounting and credit principles and an understanding of financial analysis, including ratio, trend, and cash flow analysis.

Education & Experience Requirements

The required level of knowledge is normally acquired through completion of a Bachelor’s Degree in Finance or Accounting and 3+ years’ experience in loan review and analysis; or 8 + years of equivalent work related experience.

Thorough knowledge of accounting principles, banking regulations, and Uniform Commercial Code. 
Thorough knowledge and understanding of financial analysis including ratio, trend and cash flow analysis.
Thorough knowledge and understanding of credit underwriting, commercial lending policy and procedures and loan documentation requirements.
Good oral and written communications skills to prepare persuasive oral and written reports.  
Excellent PC and spreadsheet software skills