Loan Review Specialist

3 weeks ago


Osage Beach, Missouri, United States First Bank of the Lake Full time
Job Title: Loan Review Officer

At First Bank of the Lake, we are seeking a highly skilled Loan Review Officer to join our team. As a Loan Review Officer, you will play a critical role in ensuring the quality and integrity of our loan portfolio.

Key Responsibilities:
  • Conduct thorough reviews of individual loans to evaluate credit risk, asset quality, and compliance with company policies and regulatory guidelines.
  • Identify and assess risks inherent in loan origination and administration processes, and recommend mitigation strategies when necessary.
  • Ensure that loans are accurately risk-rated for credit quality, and that proper risk management techniques are applied throughout the loan life cycle.
  • Verify that loan documentation, underwriting, and approvals comply with internal policies, procedures, and applicable regulatory guidelines.
  • Document conclusions clearly and concisely, and communicate results to appropriate loan personnel and Bank management.
  • Assist in preparing and presenting detailed loan review reports to management, outlining the portfolio's risk profile, trends, and credit quality issues.
  • Make recommendations for improving lending practices, policies, and procedures to enhance risk management and ensure compliance.
Requirements:
  • Bachelor's degree in a business field, preferably in Finance or Accounting, or an equivalent combination of education and experience.
  • A minimum of two years of experience in loan review, credit analysis, or as a regulatory examiner is required.
  • Advanced knowledge of SBA and USDA loan structuring, documentation, and credit is highly desired.
  • Specialized knowledge of credit products, market trends, industry standards, accounting/financial principles, and internal audit practices.
  • Strong analytical and critical thinking skills.
  • Strong time management and organizational skills.
  • Excellent verbal and written communication skills.
  • Ability to work independently and collaboratively across departments.
  • Ability to lead, mentor, and develop skills of other Bank employees.
  • Proficient in Microsoft Word, Excel, Outlook, and Teams.
Physical Requirements:

Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 25 pounds at times.

EEO Statement:

We are an equal-opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status, or any other protected category.


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