Loan Review Officer

Equity Bank in Wichita, KS

  • Industry: Financial Services - Banking/Investment/Finance - Banker/Loan Officer
  • Type: Full Time
  • Compensation: $85,740.00 - 145,330.00 / Year*
position filled
Loan Review Officer

Wichita, KS

  • Assist in setting and monitoring the scope of the internal loan review function on at least an annual basis; review and analyze loans within this scope; and ensure commercial loans are properly risk rated. Analysis of loans to ensure reviewed loans are in compliance with Bank policies and procedures and in compliance with applicable laws and regulations. Analysis of the Reserve for Loan and Lease Losses for adequacy.
  • From a sample of consumer, real estate and home equity loans determine that loans are being made in accordance with bank policies and procedures.
  • Assist in the management of 3rd Party loan reviews, ensuring that correct and complete information is provided to them, and that results are properly evaluated and communicated.
  • Determine that loan officers are identifying and reporting their problem loans such that timely and adequate corrective measures can be taken to avoid (or reduce) loan losses.
  • Ensure that approved loans are supported by adequate credit information and that the Bank's documentation control system is working.
  • Communicate all findings in written reports.
  • Note any significant or systematic compliance violations and communicate such findings to bank management or Board committees.
  • Review the banks classified asset report for completeness and monitor the workout progress of the loans on the Bank's problem loan list
  • Attend loan related meetings as requested.
  • Participate in due diligence reviews on acquisitions and potential acquisitions.
  • Various projects, as assigned.
  • Minimum of 3 years experience in loan review, credit analysis or commercial lending in a financial institution.
  • Bachelors degree in business related field. Proficient in Microsoft Word and Excel.

Associated topics: banker, banking product, banking service, counselor, customer, loan review officer, mortgage officer, mortgage originator, personal banker, personal banker iv

* Estimated salary

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