Loan Review Specialist
This is a Fulltime position in Norridge, IL. posted July 1, 2023.
Provides ongoing, independent audit of credit quality and loan documentation to ensure that acceptable credit standards are maintained and that loans conform to laws, regulations and bank policies.
- Reviews loans for compliance with the bank’s established policies, interest rate structures, applicable laws and regulations and standards for documentation and creditworthiness
- Reports discrepancies found in individual credits to the originating loan officer, following up regularly to assure that they are remedied in a timely manner
- Educates lending and loan administration personnel as to the standards applicable to the loan review and loan compliance process
- Prepares monthly synopsis of loan review activities for senior management and the Board of Directors, citing deficiencies, actions taken, and recommendations for change in policies or procedures
- Periodically evaluates the loan portfolio as a whole for compliance with the bank’s policies on asset/liability management, concentrations by credit type and overall creditworthiness
- Reviews various compliance updates, commentaries and publications to keep up to date with current issues
- Identifies potential weaknesses within the loan portfolio
Requirements
- Bachelor’s degree in business, accounting or economics
- Minimum four years loan and credit experience
- Solid knowledge of lending and banking laws and regulations and general knowledge of bank operations
- PC proficiency including Intermediate level Word and Excel
- Effective verbal and written communication skills
- Strong analytical skills
- Strong planning and organizational skills
Job Location
Territory ranges from North to North West Suburbs, main office is located in Norridge, IL.
Location
Norridge, IL.
How to Apply
Please attach your resume to the form below, with all required information, thank you.
