Loan Review Officer jobs in Illinois
Loan Review Officer performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews small- to mid-size loans. Being a Loan Review Officer may prepare and provide loan data to accounting. Requires a bachelor's degree. Additionally, Loan Review Officer typically reports to a manager or head of a unit/department. The Loan Review Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Review Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Loan Review Officer jobs
Loan Review Officer I
- First Mid
-
Champaign, IL
FULL_TIME
-
The Loan Review Officer I is responsible for assessing the level of credit risk of the Bank’s loan portfolio primarily through the performance of analytical reviews of new and existing individual commercial and agricultural credit relationships.Responsibilities include, but are not limited to:
- Perform credit analyses on large commercial and agricultural credit relationships and assign risk ratings based on established written parameters approved by the Board of Directors. Additionally, perform analyses on previously identified problem credits noting specific actions expected to reduce the level of credit risk in these credits.
- Review for compliance with prudent underwriting standards based on internal policy and industry specifications.
- Communicate effectively and professionally with loan officer personnel regarding the analysis of the credit relationships.
- Communicate results of credit analyses in written form for distribution to management personnel.
- Track and log all risk grade changes for the monthly reports.
- Produce monthly classified loan reports for presentation to the Loan Administration Committee and Board of Directors.
- Produce monthly non-performing reports for presentation to the Loan Administration Committee.
- Complete selective quarterly reports which provide support to the ACL analysis.
- Complete the quarterly analysis of the commercial real estate and ag loan portfolios.
- Complete required training associated with job function.
QualificationsEducation/Experience:- Bachelor’s degree preferred or commensurate banking experience
Skills:- High level of analytical skills and extensive knowledge of credit underwriting and documentation standards for all types of loans.
- Extensive knowledge of regulatory requirements and expectations related to the lending function.
- Good organizational skills and ability to substantiate reviews with detailed work papers.
- Proficient in Microsoft Office with advanced training in Microsoft Excel preferred.
- Communicate clearly and professionally.
- Work effectively as part of a team to achieve established outcomes.
- Maintain confidentiality and discretion.
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT#LI-POSTHP123 - 1 Month Ago
Loan Officer
- Paramount Residential Mortgage Group
-
Mundelein, IL
FULL_TIME
- Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
- 18 Days Ago
Loan Officer
- IH Mississippi Valley Credit Union
-
Moline, IL
FULL_TIME
- Join Our Team as a Loan Officer at IH Mississippi Valley Credit Union! Are you a skilled communicator with a passion for helping others achieve their financial goals? We're seeking a motivated and exp...
- 15 Days Ago
Loan Officer
- IH Mississippi Valley Credit Union
-
Moline, IL
FULL_TIME
- Join Our Team as a Loan Officer at IH Mississippi Valley Credit Union! Are you a skilled communicator with a passion for helping others achieve their financial goals? We're seeking a motivated and exp...
- 15 Days Ago
Loan Officer
- Paramount Residential Mortgage Group
-
Schaumburg, IL
FULL_TIME
- Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
- 1 Month Ago
Loan Officer
- TRUSTBANK
-
Tuscola, IL
FULL_TIME
- :Job DescriptionJob Title: Loan OfficerDepartment: Operations, TuscolaReports To: Market President and Senior Vice President, LoansFLSA Status: ExemptType of Position: Full-TimeJob SummaryThe Loan Off...
- 27 Days Ago
Loan Review Officer jobs at Popular Companies
Loan Review Specialist
- Crescent Search, Inc.
-
- Responsibilities The Loan Review Manager will assist the Chief Loan Review Officer in the daily tasks of the Loan Review...
- 4/26/2024 12:00:00 AM
Real Estate Asset Manager
- Cohen Investment Group
-
Virginia Beach, VA
- About Cohen Investment Cohen Investment Group (CIG), your premier real estate investment firm headquartered in the heart...
- 4/26/2024 12:00:00 AM
Clinical Deputy Director, Correctional Health Services
- NYC Health + Hospitals/Correctional Health Services
-
New York, NY
- NYC Health + Hospitals is the largest public health care system in the nation. We are a network of 11 hospitals, trauma ...
- 4/26/2024 12:00:00 AM
Sr. Clinical Supervisor, Correctional Health Services
- NYC Health + Hospitals/Correctional Health Services
-
New York, NY
- About NYC Health + Hospitals NYC Health + Hospitals is the largest public health care system in the nation. We are a net...
- 4/26/2024 12:00:00 AM
Loan Review Officer
- Albany Bank
-
Chicago, IL
- Job Description Job Description The Loan Review Officer conducts independent reviews and risk assessments of the Bank’s ...
- 4/25/2024 12:00:00 AM
Commercial Loan Review Officer I
- Valley Bank
-
Morristown, NJ
- Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
- 4/25/2024 12:00:00 AM
Commercial Loan Review Officer I
- Valley Bank
-
Morristown, NJ
- Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
- 4/23/2024 12:00:00 AM
Loan Review Officer- Credit Risk
- Pelham Berkeley Search
-
New York, NY
- High Profile Bank in Manhattan seeks a commercial lending Loan Review Officer with a strong credit risk background. Trem...
- 4/22/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Review Officer jobs
$58,396 to $85,717
Most Popular Cities in Illinois for Loan Review Officer Jobs
What does a Loan Review Officer do?
Loan Review Officer in Burlington, VT
A commercial loan officer performs portfolio reviews and must consider all factors including risk, size, type of commercial loan and asset quality.
January 21, 2020
Loan Review Officer in Chillicothe, OH
This guide is for people who have been authorised, nominated or commissioned to make or review Budgeting Loan decisions.
February 21, 2020
May also review retail loans and other commercial and non-commercial credit exposures.
January 16, 2020
Loan Review Officer in Indianapolis, IN
The major decisions are still decided upon by the commercial loan manager.
December 27, 2019