Loan Review Officer

Job Purpose:

Assesses loans by reviewing portfolios; developing policies; maintaining compliance.

Duties:

* Evaluates quality of loans and assigns risk ratings by assigning portfolios; scheduling, conducting, and overseeing loan reviews; studying verification system information; generating reports.

* Keeps bank board of directors and chief officers informed by designing, generating, and presenting reports regarding loans that need special attention.

* Maintains loan policies and procedures by assessing lending practices; recommending changes.

* Reduces charge-offs, nonperforming assets, and delinquencies by identifying deteriorating credit situations; assessing action plans; evaluating documentation, collateral, and structure; providing technical advice to lending personnel.

* Controls secured lending operations by conducting field audits on all formula-based loans; reviewing reports on audit results; maintaining secured lending policies and procedures.

* Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.

* Maintains customer confidence and protects operations by keeping information confidential.

* Completes operational requirements by scheduling and assigning employees; following up on work results.

* Maintains loan review staff by recruiting, selecting, orienting, and training employees.

* Maintains loan review staff job results by counseling and disciplining employees; planning, monitoring, and appraising job results.

* Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

* Contributes to team effort by accomplishing related results as needed.

Skills/Qualifications:

Financial Planning and Strategy, Financial Diagnosis, Managing Profitability, Informing Others, Analyzing Information, Quality Management, Management Proficiency, Developing Budgets, Reporting Research Results, Statistical Analysis