Loan Review Manager

Loan Review Manager
- Iselin, NJHow would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers and the communities we serve at the center of all we do. At Provident Bank, we are committed to enhancing our customer and employee experience.
POSITION OVERVIEW Reporting to the Chief Risk Officer, the Loan Review Manager oversees, administers, and continuously enhances the Bank's independent Loan Review Program. This position provides objective and credible second-line oversight of credit quality, risk rating accuracy, underwriting practices, documentation standards, portfolio trends, and compliance with Bank policies and regulatory expectations. Operating independently from loan origination, underwriting, and approval functions, the Loan Review Manager conducts risk-based assessments of the Bank's loan portfolio and credit administration processes. The role provides effective challenge, identifies emerging credit risks and control weaknesses, and delivers concise executive-level reporting and actionable recommendations that strengthen the Bank's credit risk management framework. The Loan Review Manager oversees the program through an internal, outsourced, or hybrid review model and may directly perform loan reviews and portfolio assessments when additional resources are needed. The role manages third-party review providers, validates findings and corrective actions, tracks remediation, and supports reporting to Senior Management, the Board of Directors, and the Audit Committee.

KEY RESPONSIBILITIES
Independent Credit Review and Effective Challenge Perform and oversee independent reviews of commercial and consumer credit exposures, with emphasis on higher-risk, complex, criticized, watch-list, and concentration segments. Conduct loan reviews and portfolio assessments in support of the approved Loan Review Plan. Evaluate credit quality, underwriting, risk rating accuracy, policy compliance, documentation, and credit administration practices. Provide effective challenge, identify emerging risks, and recommend corrective actions that strengthen portfolio quality and risk management. Loan Review Program Oversight Develop, maintain, and execute a risk-based Loan Review Program, including annual planning, portfolio risk assessment, review scope, sampling, schedules, quality standards, documentation, and reporting protocols. Oversee third-party loan review providers and validate that work is completed in accordance with Bank expectations, approved scope, policy requirements, and applicable regulatory guidance. Reporting, Analytics and Portfolio Insights Prepare clear, concise, and board-ready reporting on portfolio quality, risk rating trends, credit themes, underwriting or documentation weaknesses, exception patterns, risk migration, emerging risks, and corrective actions. Use portfolio data, management information, and review results to provide an independent view of credit risk and support broader risk reporting, including relevant input to allowance and credit-loss governance without assuming ownership of those processes. Governance, Stakeholder Engagement and Regulatory Readiness Maintain an engaged second-line presence across the credit lifecycle through regular interaction with Lending, Credit Administration, Credit Risk, Finance, Internal Audit, Compliance, and Executive Management. Participate in relevant committees and portfolio discussions as an independent, non-approval risk voice. Support regulatory, external audit, internal audit, and Board/Audit Committee inquiries related to Loan Review governance, methodology, findings, and issue follow-up. Issue Management and Program Evolution Identify, document, communicate, and track Loan Review findings and themes through appropriate governance channels. Discuss findings constructively with business partners and management, monitor remediation, and validate closure when appropriate. Recommend enhancements to methodologies, reporting, policies, staffing, technology, data, and the operating model as the Bank's portfolio, complexity, and regulatory expectations evolve.
OVERSIGHT RESPONSIBILITIES No direct reports initially; future direct reports may be added as the Loan Review function matures. Provide functional oversight of outsourced Loan Review providers and other external resources supporting the program. Provide guidance and coordination to internal stakeholders involved in review activities, portfolio analysis, reporting, and remediation. Assist in developing the Bank's long-term Loan Review operating model, including potential internal staffing, hybrid review structures, and program enhancements.
QUALIFICATIONS Bachelor's degree in Finance, Accounting, Busi