Loan Review Analyst
Company: Independent Financial
Location: Garland
Posted on: May 13, 2022
Job Description:
This role has the opportunity to work hybrid. During the
interview process, our Talent Acquisition Team will share
additional details with you.The Loan Review Analyst is responsible
for performing internal loan reviews on assigned bank credits
identified in Loan Review Departments scheduled internal audits.
The loan review function provides the bank with an independent
assessment of asset quality and credit risk for all segments of the
loan portfolio and monitoring supplements that
function.Responsibilities
- Complete reviews of credit relationships to validate accuracy
of risk ratings, borrowers ability to repay, compliance with
financial covenants, adequacy of documentation as well as
collateral valuation and perfection
- Evaluate and monitor credit quality in order to identify
specific deficiencies for individual borrowers
- Identify deviations from banking regulations, loan standards
and loan policy
- Assist in maintaining the integrity of risk management
functions by ensuring acceptable credit standards are
maintained
- Identify potential or existing systemic deficiencies which may
adversely affect bank profitability and recommend policy/procedural
changes to Management to prevent and/or correct deficiencies
identified during the Loan Review process
- Keep abreast with current and emerging lending concerns and
maintain a working knowledge of lending risk management
practices
- Other job-related duties as assigned QualificationsEducation
- Bachelors degree in business or related field of study required
(Finance/Accounting/Economics)Minimum Experience
- 5 years credit experience required: loan review officer,
regulatory examiner, or senior credit/financial analyst
- Loan documentation experience, either working directly in the
preparation of the documents or reviewing the loans documents.
Including but not limited to promissory notes, loan agreements,
security agreements, deeds of trusts, along with ancillary
documents such as assignments and subordination agreements.Licenses
and Certifications
- Credit/loan review certification preferred, but not
required.Knowledge/ Skills/ Abilities
- Strong analytical skills; formal bank credit training is
preferred.
- Good communication skills, both written and verbal.
- Proven experience working in a team environment; motivated
self-starter and an active learner
- Familiarity with banking laws and regulatory guidance,
GAAP
- Strong project management skills
- Demonstrate general knowledge of Bank Secrecy Act and OFAC
related responsibilities in the performance of daily operations to
ensure adherence to bank policies and compliance with all
regulatory requiredJob Details:Regular
Keywords: Independent Financial, Garland , Loan Review Analyst, Accounting, Auditing , Garland, Texas
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