Commercial Loan Specialist

1 month ago


Troy, United States Doeren Mayhew CPAs and Advisors Full time
Job DescriptionJob Description

Doeren Mayhew is a $150 Million certified public accounting and advisory firm headquartered in Troy, Michigan with offices in Houston, Miami, Dallas, Charlotte, Tampa, Grand Rapids, Zurich, and London. Founded in 1932, Doeren Mayhew is recognized as an Inside Public Accounting Top 100 public accounting firm. Today we are a Top 60 CPA firm in the nation. If you want to join a rising firm that is consistently named among the 50 best-managed firms in the nation and is recommended by 98% of our clients, visit our career page at Doeren.com/careers for a list of our current employment opportunities.

Doeren Mayhew is ranked by Callahan & Associates as the #1 auditor in the nation for credit unions. Our Financial Institutions Group is comprised of cross-functional professionals delivering industry-focused expertise to more than 450 institutions across the nation. Our group of trusted advisors assists a wide range of financial organizations in assessing opportunities, managing risk and delivering stakeholder value.

We are seeking a Commercial Loan Specialist to join our Financial Institutions Group in our Troy, Michigan office. The ideal candidate has 5+ years of commercial lending experience and wants to specialize in commercial lending consulting services.

Responsibilities: The Commercial Loan Review Specialist is responsible for executing the review of commercial loan portfolios including assistance with asset quality reviews, internal audit document testing and external audit assistance. Clients have assets up to $12.0 billion and require innovative solutions to both simple and complex problems.

Lending

  • Assist with engagement planning, including portfolio analysis, risk assessments, and sample selections.
  • Projects include evaluating and documenting policy and procedures compliance by assessing commercial and Member Business Lending (MLB) loan files for completeness of documentation, credit analysis, and overall safety and soundness of credit decisions.
  • Assess the efficiency and effectiveness of all lending operations, including origination, underwriting, approval process, funding, internal loan review, loan servicing collections, and portfolio management.
  • Evaluate asset quality.
  • Determine allowance for credit losses if applicable.
  • Assist with special projects including troubled loan exams, merger due diligence, fraud exams, and business plan support.
  • Assist with other internal and external audit projects.
  • Review of lending policies and procedures to determine adequacy, proper approval and training in place
  • Review of credit decisions.
  • Verify data is consistent between final closing documents and Loan Origination System.
  • Participate in meetings to discuss results of the completed audits
  • Identifying root cause of errors and making recommendations to remediate errors
  • Effectively communicate with wide variety of financial institutions

Qualifications:

  • Bachelor’s degree in accounting, finance, economics, business administration, or related discipline preferred.
  • 5+ years’ experience in loan review, credit administration, or loan origination, with a general knowledge of the principals of commercial lending. Formal bank credit training a plus.
  • Strong analytical and problem-solving skills.
  • Introductory knowledge of risk-based pricing, credit reports, appraisals, debt-to-income ratios, and federal lending regulations.
  • Desire to stay informed of industry trends through continuous internal training, self-education, and attendance at professional education events.
  • Excellent verbal and written communication skills
  • Excellent Microsoft Office skills
  • Ability to travel up to 35%

Doeren Mayhew is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race; color; religion; national origin; sex; age; disability'; sexual orientation; gender identity or expression; genetic predisposition or carrier status; veteran, martial or any other status protected by law.



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