Loan Review Manager

4 weeks ago

Carmel, Indiana, United States Merchants Bancorp Full time

Job Type

Full-time

Description

The Loan Review Manager resides in the Risk Management team. This position plans, performs and oversees loan reviews of existing loan relationships for credit quality, risk assessment and credit administration, while ensuring coverage and frequency of reviews conforms to policy. The annual loan review plan will encompass all commercial loan portfolios. The Loan Review Manager consults with loan officers, lending personal and asset management teams. This position provides the Chief Credit Officer and Chief Risk Officer timely, objective assessment of the credits reviewed and reporting to executive management and the Board.

The Loan Review Manager validates the loan risk ratings and timely identification of problem loans by the business units so that necessary action can be taken to strengthen credit quality and minimize the bank's credit loss. An effective credit risk review system identifies relevant trends that affect the quality of the loan portfolio and highlights portfolio segments that are potential problem areas. Lastly, internal loan review provides management and the board with an objective, independent, and timely assessment of the overall quality of the loan portfolio.

After one year as our Loan Review Manager, you will know you were successful if you are able to handle the following confidently and independently.

  • Create a flexible annual loan review plan that can pivot to targeted areas if warranted to comply with policy on coverage and frequency of reviews.
  • Complete selected unit reviews for adherence to Loan Policy and related procedures at origination and ongoing monitoring and servicing of the loan validating the loan risk grade assigned. Make recommendations to adjustments to the loan risk grade.
  • Manage any third-party outsourcing loan review engagements and internal loan review team members.
  • Collaborate, confer and discuss results and recommendations with originator and/or asset management, analyzing DSCR and/or covenant trends, classified asset update/action plans, etc.
  • If applicable, complete retrospective reviews (postmortem reviews) and lessons learned to identify issues/trends that may need improved in underwriting and/or asset management (control break downs), to prevent similar credit issues from occurring in the future.
  • Identify relevant portfolio trends that may indicate changes in the credit risk.
  • Issue memos or reports indicating scope and any recommendations for loan risk grade changes and/or control/process changes and/or potential impact to Allowance for Credit Loss.
  • Monitor and analyze credit related regulatory developments (excluding regulatory compliance) and determine how the Company may be affected by the new regulatory guidance.
  • Participate in the business unit working groups to discuss potential loan grade changes and Loan Review Committee which will approve loan grade changes.
  • Promotes and maintains a positive work atmosphere by behaving and communicating in a positive, professional manner to work effectively with co-workers, management, partners, and vendors.
  • Ensure compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties.
Requirements

What we are looking for...
  • Bachelor's degree in a business-related or accounting field required with minimum of 5 years' experience as a credit analyst, loan review associate or risk analyst of a steadily growing commercial portfolio and/or asset management experience.
  • Knowledge in multi-family and healthcare lending and experience in banking or a financial services industry background preferred.
  • Strong analytical and organization skills.
  • Ability to influence at all levels of the organization through strong verbal and written communication skills as well as confidentiality required.
ABOUT MERCHANTS

Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.

We are very proud of being recognized both nationally as one of the top-performing public banks in the US. By S&P Global Market Intelligence and locally as a Best Place to work in Indiana for seven consecutive years. Learn more about this read more here.

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