Commercial Credit Review Officer

2 weeks ago


Warren, United States CareerBuilder Full time

Description

Job Summary

The Loan Review Officer is responsible for performing a variety of loan review activities which aid in the evaluation of Northwest's commercial loan portfolio including collecting loan and information system data, analyzing documentation and financial data, and establishing account risk ratings. The Loan Review Officer will be responsible for providing the Loan Review Manager with objective evaluations of the overall credit quality of the Bank as included from time-to-time compliance with policies and procedures and other portfolio trends including geographic concentrations, climate risk and emerging credit risks.

Essential Functions

Ensure document and data integrity

Identify and resolve problems/issues

Prepare various loan reports

Report loan related exceptions

Recommend opportunities for improvements to review process

Assist with Classified Assets preparation for Credit Committee

Recommend loans reviewed for collateral reevaluation

Recommend loans reviewed for non-accrual status

Identify potentially impaired loans and "troubled debt restructurings"

Detect common themes & emerging risks

Continue professional education

Review sampled commercial loan relationships

Gather and analyze loan related financial information

Identify and record exceptions

Identify early signs of loan problems

Analyze financial performance of Obligor

Formulate credit risk level

Compile and present loan review reports

Present information clearly

Prepare loan review finds report

Perform annual credit quality reviews for relationships over $1,000,000

Confirm or amend risk rating as appropriate

Complete/update Loan Review Summaries for relationships over $1,000,000

Facilitate completion of quarterly credit reports

Conduct pre-reviews of all credits be presented to Regional/SL Committees

Produce reports and statistics as required

Communicate with the lending staff and identifying problems as appropriate

Recommend improvements to procedures/process internal controls

Develop customer service levels

Maximize technology tools available

Minimize departmental non-payroll costs

Execute loan review strategy as defined by Loan Review Manager

Perform target loan reviews based on emerging risk factors

Facilitate monthly reporting of progress and emerging risk factors

Evaluate effectiveness of credit policies and procedures, identify weaknesses, provide suggestions for strengthening

Be a resource for Credit Administration, Commercial Lending, Loan Servicing, Line of Business Managers, Compliance, and Internal Audit

Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

Work as part of a team

Education and Experience

Bachelor's Degree in Accounting / Business preferred

5+ years' experience in credit analysis, credit/loan review or commercial lending required

Ability to apply advanced financial analysis techniques required

Location

This position may be performed in a hybrid capacity across our footprint or remotely.

#LI-EK1

#LI-hybrid

#LI-remote

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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