Commercial Loan Review Officer jobs in Austin, TX

Location: Leander Annex Building
JOB PURPOSE: To provide an independent assessment to bank management of asset quality of the loan portfolio through analysis and systematic loan reviews of commercial and consumer loan relationships and to verify compliance with established lending policies.
Department: Loan Review Reports To: Loan Review Officer
PRIMARY DUTIES AND RESPONSIBILITIES:

• Conduct financial analysis and performance reviews of borrowers / loans to assess:
• The accuracy, adequacy, and timeliness of risk ratings.
• the borrower’s ability to repay.
• compliance with financial covenants.
• adequacy of documentation as well as collateral valuation and lien perfection.
• the quality of underwriting.

• Ensure the creditworthiness of the loan portfolio, looking for changes that merit a review of lending practices and/or adverse asset classification.
• Validates the accuracy of the credit grading/loan rating for individual loans.
• Identifies problem loans and describes deficiencies.
• Recommends final credit grades for approval by Loan Review Officer.
• Provides detailed reasons/rationale for assigning differing and/or adverse risk ratings.

• Analyze commercial financial statements & tax returns of existing loan customers as well as personal financial statements and tax returns of related guarantors.

• Review bank processes (loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, internal controls, concentration reporting, etc.)
• Determines if proper approval procedures and loan authorities are adhered to.
• Informs management of any potential fraud opportunities and/or detection.
• Inform management of any lending policy exceptions not properly identified during the underwriting and approval stages.

• Verifies quality, completeness, and accuracy of supporting loan documentation and analysis by reviewing files for appraisals, deeds of trust, UCC filings, lien perfection, collateral evaluations, etc.

• Assist with Quarterly Internal Loan Review Report presented to the Audit committee.
• Provide guidance to loan officers and other lending personnel (loan administration, lending assistants, etc.). In addition, provide assistance during any credit related audits and regulatory exams.
• Maintain awareness of current and emerging lending concerns and maintain a working knowledge of lending risk management practices.
• Monitors Past Due reports for adverse trends or large relationships that may need to be reviewed by the Loan Review Department at an upcoming review.
• Other job-related duties as assigned.

Qualifications:

• Bachelor’s degree in business or related field of study required (Finance/Accounting/Economics).
• Loan documentation experience, either working directly in the preparation of the documents or reviewing of loan documents.
• Strong integrity in all areas, adhering to policies, regulations, and utmost ethical and legal standards.
• Uphold confidentiality and privacy of findings in all situations.
• Work productively under direct supervision as well as independently.
• Demonstrate ability to prioritize and handle multiple projects.
• Remain flexible to withstand unpredictable changes to schedules and deadlines.
• Interact and communicate effectively with personnel at all levels of the organization.
• Capability to effectively present information to groups of individuals.
• Working knowledge of accounting and tax standards and practices.

Physical/Mental Requirements:

• Ability to lift and/or move up to 25 lbs.
• Sit at desk and computer terminal for extended time periods

Equipment/Software Operating Requirements:

• Experience in Microsoft Office Suite, including Word, Excel and Outlook (required), and Abrigo (preferred).
• Advanced proficiency in Microsoft Excel preferred.
• Ability to learn new systems quickly and high comfort with different types of software,

Working Conditions:
Duties are performed in an office environment in a professional business setting. Position requires occasional travel to bank branch location, conferences, training and seminars. Work pace can be very fast during deadlines and peak periods.