Loan Review Officer III

Bonus Type

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! 

Job Description

The Loan Review Officer III performs loan reviews of complex loan types, leads reviews of the large or high-risk lending areas, and leads or assists in special projects including due diligence of an acquisition; responsible for the ongoing evaluation of the bank’s commercial loan portfolio quality and for measuring compliance with established policies, regulatory guidelines and sound lending practices;  provides bank management and the Board of Directors with an evaluation of the risk and collectability associated with the commercial loan portfolio, as well as the stability of lending practices and activities; works under limited supervision and provides subordinates officers with functional guidance.

Team Culture

Loan review is the perfect place to learn 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 will evaluate credit risk of the commercial loan portfolio via annual reviews of all commercial lending departments, quarterly new underwriting reviews, and participation in quarterly asset quality meetings.


• 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 in or lead the continuous review of credit risk, special projects, and due diligence of potential bank acquisitions, as necessary. 


• You’ll prepare written reports directed to lending department management, senior credit administration personnel, the Chief Credit Officer, and executive management.


• You’ll review criticized loans which includes assessing collateral adequacy and making recommendations based on potential shortfalls and losses.  Loan Review leadership will judge the accuracy of the recommendation.

Education & Experience Requirements

Required level of knowledge is normally acquired through completion of a Bachelor’s Degree in Finance or Accounting and 5+ years’ experience in loan review and analysis, or 10+ years of equivalent related experience.

• Advanced knowledge of accounting, credit analysis, financial analyses, lending practices, banking regulations, and Uniform Commercial Code. 


• Advanced knowledge and understanding of financial analysis including ratio, trend and cash flow analysis


• Excellent knowledge and understanding of commercial lending policy, procedures and loan   documentation requirements.


• Excellent oral and written communications skills to prepare and present persuasive oral and written reports.  


• Excellent PC and spreadsheet software skills

Working Conditions & Physical Requirements