LOAN REVIEW ANALYST/OFFICER

Description

SUMMARY

The position of Loan Review Analyst assists with the development, implementation, and management of the bank’s loan review function. Performs independent credit reviews of varying loan types and sampling of homogenous portfolios, including large or high-risk lending areas; assists with the ongoing evaluation of the bank’s loan portfolio quality and measuring compliance with established policies, regulatory guidelines, and sound lending practices; as well as the stability of lending practices and activities. Works under limited supervision and provides account officers with functional constructive guidance. Submits written reports of internal loan reviews with an evaluation of risk and associated collectability to senior management and Director’s Loan Review Committee.

These duties will be performed in accordance with established policies and procedures, and this individual assures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.

ESSENTIAL DUTIES

1. Performs regular loan portfolio reviews of various segments based on risk considerations to evaluate risk levels and to ensure acceptable underwriting standards are maintained. Credit risk assessment includes evaluating the financial position of borrowers in terms of prudent lending practices through financial/cash flow analysis and the application of credit principles and banking regulations. The goal is to identify potential systemic problems in the life cycle of a credit, from origination, underwriting, documentation, and problem loans or developing problem loans in a timely manner to minimize loan losses and ensure effective credit risk management practices.
2. Prepares written reports directed to lending department management, senior Credit Administration personnel, and executive management summarizing overall review findings, including risk grade changes, impairment recommendations and specific suggestions aimed at improving the quality of certain loans, the department’s lending practices or compliance with lending policies.
3. Provide Senior Management and Director’s Loan Review Committee with an objective and timely assessment of the overall quality of the loan portfolio.
4. Assess the adequacy of and adherence to bank loan policies and procedures and to monitor compliance with relevant state and federal banking laws and regulations.
5. Recommend appropriate loan risk grade or adversely classify loans, especially those with well-defined credit weaknesses that jeopardize the repayment, so that timely action can be taken, and credit losses can be minimized.
6. Evaluate the activities of lending personnel including their compliance with lending policies and quality of their loan approval, monitoring, and risk grading assessment.
7. Discuss all noted deficiencies and identified weaknesses, and any existing or planned corrective actions, including time frames for correction, with appropriate loan officers and department managers.
8. Track corrective action of noted weaknesses through to resolution and report such action or inaction to senior management and appropriate board level committees.
9. Assists with the review and evaluation of the ALLL methodology.
10. As necessary, assist the Bank in the completion of various special projects and due diligence reviews, as well as other tasks as may be assigned.
11. Adherence to departmental service quality and operational standards.
12. Maintains compliance with and adheres to state and federal regulations and bank policies and procedures, including, but not limited to, requirements regarding the Bank Secrecy Act, FACT Act, Community Reinvestment Act and EEO/AA/Fair Employment Practices.
13. Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
14. Follows policies and procedures; completes administrative tasks correctly and on time; supports the Bank’s goals and values; benefits the bank through outside activities.
15. Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.

SECONDARY DUTIES

The position of Loan Review Analyst/Officer performs duties specific to the position and other functions as assigned.

SUPERVISORY RESPONSIBILITY

The position of Loan Review Analyst/Officer has no supervisory responsibility.

ENVIRONMENT AND PHYSICAL ACTIVITY

The employee is in a non-confined office-type setting in which he or she is free to move about at will. The position includes driving a Bank or personal owned vehicle approximately 5% of the time which includes exposure to the outside weather elements and moving mechanical parts. It may include some minor annoyances such as noise, odors, drafts, etc.

Occasional travel may be required to other markets as needed. Occasional overnight and/or out of state travel may be expected for training.

The employee while performing this position spends time writing, typing, speaking, listening, lifting (up to 25 pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling, and reaching.

The employee for this position may operate any or all the following: telephone, cellular telephone, beeper, copy and fax machines, adding machine (calculator), check protector, microfilm equipment, encoder, money counter, credit card terminal, typewriter, computer terminal, personal computer, and related printers.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

MENTAL DEMANDS

The employee in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, training, multiple concurrent tasks, and constant interruptions.

Qualifications

MINIMUM REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor’s degree in Business, Accounting, or Finance.
• Minimum of 1 to 3 years of direct loan review or loan audit experience, or equivalent lending, credit underwriting or portfolio management experience.
• Knowledge and understanding of best practices of credit risk management and credit policies and procedures.
• Knowledge of loan accounting, credit analysis, financial analyses, lending practices, banking regulations and Uniform Commercial Code.
• Knowledge and understanding of financial analysis including ratio, trend, and cash flow analysis.
• Knowledge and understanding of commercial lending policy, procedures, loan documentation and appraisal requirements.
• Must possess strong skills in computer terminal and personal computer operation; mainframe computer system; word processing, spreadsheet, and specialty software programs, specifically Excel and Word for reporting requirements.
• Basic typing skills to meet production needs of the position.
• Excellent oral and written communications skills to prepare and present persuasive oral and written reports effectively to bank personnel of all levels, including external auditors and regulatory examiners.
• Must be able to think analytically, independently, and objectively.
• Excellent organizational skills with ability to work with minimal direct supervision and prioritize deliverables in fast paced and changing environment and utilizing conflict resolutions skills for the betterment of the bank’s goals and objectives.
• Current Arkansas driver's license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.