Commercial Loan Review Officer

Commercial Loan Review Officer - Chatham, IL

Chatham, IL

Primary Job Function: Provide an objective appraisal 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.

Essential Duties and Responsibilities:

• Perform 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 following areas:

Asset Quality

Ensure acceptable credit standards are maintained (confirms lien perfection, repayment capacity, collateral, etc.)

Documentation

Ensure loans conform to established bank lending policies and procedures and required documents have been obtained and are thorough and accurate

Compliance

Ensure conformity to relevant state and federal law and regulation

• Approve creditworthiness of the loan portfolio, seeking changes meriting a review of lending practices and/or adverse asset classification.
  
  • Validate accuracy of credit grading / loan rating system
  • Identify problem loans and their deficiencies:
    
    • Recommend final credit grades for approval by supervisor of Loan Review Function
    • Provide detailed rationale for assigning conflicting and/or adverse risk ratings
    
    
  • Evaluate portfolio trends for delinquency, bankruptcy, demographic and other factors
  
  
  
  
• Review bank processes to include loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, internal controls, etc.
  • Evaluate adequacy and effectiveness of tracking systems
  • Ensure use of proper approval procedures and loan authorities
  • Analyze trends and make recommendations
  • Report potential fraud opportunities and/or detection
  
  
• Verify quality, completeness, and accuracy of supporting loan documentation and analysis.
  • Review files for appraisals, deeds of trust, UCC filings, perfection on liens, collateral evaluations and valuations, etc.
  • Perform regular back-end review of financials and related analysis (financial statements, tax returns, rent rolls, personal financial statements, cash flow statements, etc.)
  • Identify trends, debt service coverage, and performance ratio analysis
  
  
• Assess problem loan management and workout plan effectiveness.
• Provide assistance and consultation to loan officers and other lending personnel (loan administrations, lending assistance, etc.) auditors and regulatory examiners.
• Provide executive summaries of each review and supporting analysis.
  • Prepare reports for Individual lenders and/or management/ Executive Loan Committee
  • Present findings to Board of Directors as appropriate
  • Participate in special lending-related projects as directed
  • Perform additional job related duties as assigned
  
  
  
  

Knowledge/ Skill/ Ability Requirements:

• Extended knowledge of lending laws and regulations
• Strong analytical, technical, and statistical expertise
• Working knowledge of accounting principles
• Ability to read and analyze financial statements
• Proficient in report writing of review findings
• Ability to present and communicate to groups (lenders, managers, directors, and regulatory officials)
• Strong professional integrity in compliance with company policy, and ethical and legal standards
• Uphold confidentiality and privacy of all findings
• Demonstrate ability to multitask and prioritize multiple projects
• Ability to work with unpredictable schedule and deadline changes
• Interact and communicate effectively with personnel at all levels of the organization

Education and/or Experience:

• Bachelor's degree in a related field with an emphasis in Business, Finance, and/or Accounting with a minimum of three years' experience in loan review or credit analysis is required; Or an equivalent combination of education and experience.

Physical Requirements

• Ability to sit a desk and computer terminal for extended period
• Ability to lift up to 25lbs.
• Ability to maneuver interoffice and to between bank locations when face to face interaction is required

Equipment/Software Operating Skill Requirements

Windows PC (MS Office Systems Word/ Excel/ Power Point/ Outlook)

ITI

Telephone

10-key Calculator

Fax Machine

Document Imaging

Copy Machine

Working conditions: Duties performed in a professional Office environment. Position requires occasional travel to bank branches and offsite vendors. Fast paced environment during peaks and deadlines.

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Relations: Interacts with lending-related personnel and external government agencies, regulatory officials, and outside vendors, etc.

Apply Online Download Application Commercial Loan Review Officer - Chatham, IL https://ucbbank.com/careers/apply/1031