Loan Review Specialist

Description

TITLE: Loan Review Specialist

JOB FAMILY: Audit Loan Review

DEPARTMENT: 996-Internal Audit/Loan Review/Compliance

PAY GRADE & FLSA: 6; Exempt

JOB SUMMARY:

The Loan Review Specialist is responsible for assisting in the completion of the loan review schedule for QCR Holdings, Inc. and its subsidiaries. Performs loan reviews and works closely with other loan review staff.  

ESSENTIAL FUNCTIONS:

• Perform scheduled and unscheduled written reviews of credits, independent of the lending officer, for the purpose of determining the appropriateness of the assigned risk rating and reserves for potential losses in accordance with the QCRH Loan Review Policy.  
• Determine management’s compliance with underwriting standards as identified within the Bank’s loan policies.  
• Determine that loan requirements approved by the OLC and/or the Board are followed in terms of underwriting and administration. 
• Determine compliance with applicable regulations.
• Identify and report necessary/missing loan documentation, considering each bank’s documentation tickler systems and effectiveness thereof.  
• Learn and utilize the company’s loan review software to perform duties.
• Perform leasing or other underwriting-type reviews as assigned.  
• Comply with all company or regulatory policies, procedures and requirements that are applicable to this position.
• Foster and preserve a culture of diversity, equity, and inclusion.
• Additional duties and responsibilities may be required to support the company’s mission, vision and values. 

QUALIFICATIONS:

• Bachelor’s degree or equivalent education and experience. 
• Two+ years of credit analysis experience. 
• Understanding of loan documentation for commercial loans preferred.  
• Capability to maintain and enhance technical and professional competence through continuing education.
• Capability to utilize various banking software and Microsoft 365 products, with a high level of accuracy and attention to detail.
• Strong verbal and written communication skills.

WORKING CONDITIONS:

• Duties performed in a professional office environment.

SALARY AND BENEFITS:

The minimum salary range for this position is $46,088.10-$55,000 annually. The actual starting salary will be based on qualifications and business needs and may vary, as permitted by applicable state law

This position is a regular full-time position, and individuals employed as regular full-time, are eligible for the following benefits subject to the terms, limitations and conditions of each benefit plan: Health, Dental, Vision, Life Insurance, Disability Insurance, FSA, HSA, 401K, Employee Stock Purchase Plan, Paid Time Off, Paid Holidays and additional Voluntary Supplemental Insurance.  

At QCR Holdings, Inc. we are committed to fostering and preserving a culture of diversity, equity, and inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.

QCR Holdings, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.

It is the policy of QCR Holdings, Inc. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.