Loan Review Officer

Benefits:

401(k) matching Bonus based on performance Competitive salary Dental insurance Health insurance Paid time off Training & development Vision insurance

SUMMARY:

Performs reviews of bank's commercial loans to ensure compliance with established policies and standards.

ESSENTIAL DUTIES AND RESPONSIBILITIES

include the following: Evaluates quality of commercial loans and assigns risk rating indicating borrower's financial strength and probability of loan repayment. Selects loans to evaluate for credit risk according to factors, such as geographical location, and type and amount of loan.: Records data in software, such as purpose of loan, balance, collateral, and repayment terms. Evaluates information to determine whether lending officers have stayed within guidelines of lending authority, if loan is in compliance with banking regulations, and if required documents have been obtained. Identifies problem loans and describes deficiencies. Writes summary of analysis and reasons for assigning adverse risk rating. May act as senior analyst and coordinate data collection and evaluations of credit quality of commercial loans, and present loan review information and report to management. At least 3 to 5 years of credit experience preferred. Flexible work from home options available.