Loan Review Specialist

About the Role:

The Loan Review Specialist plays a critical role in ensuring the integrity and compliance of loan portfolios within the securities and financial investments sector. This position involves conducting thorough evaluations of loan documentation, underwriting standards, and risk assessments to identify potential issues and ensure adherence to regulatory requirements. The specialist will analyze loan performance data to detect trends, discrepancies, and areas for improvement, thereby supporting the organization's risk management strategies. Collaborating closely with loan officers, compliance teams, and senior management, the role contributes to maintaining high-quality loan assets and minimizing financial exposure. Ultimately, the Loan Review Specialist helps safeguard the institution’s financial health by providing detailed, accurate, and timely loan reviews and recommendations.

Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 3 years of experience in loan review, credit analysis, or a related financial services role.
• Strong understanding of loan underwriting processes, credit risk assessment, and regulatory compliance requirements.
• Proficiency in financial analysis and loan documentation review.
• Excellent written and verbal communication skills.

Preferred Qualifications:

• Professional certification such as Certified Credit Analyst (CCA), Certified Risk Professional (CRP), or similar credentials.
• Experience working within the securities, commodity contracts, or financial investments industry.
• Familiarity with loan review software and financial risk management tools.
• Advanced knowledge of relevant federal and state lending regulations.
• Demonstrated ability to lead audit or compliance projects.

Responsibilities:

• Conduct comprehensive reviews of loan files to verify accuracy, completeness, and compliance with internal policies and regulatory standards.
• Evaluate underwriting practices and loan documentation to identify risks, inconsistencies, or deviations from established guidelines.
• Prepare detailed reports summarizing findings, risk assessments, and recommendations for corrective actions or improvements.
• Collaborate with loan officers and compliance personnel to address identified issues and implement process enhancements.
• Monitor loan portfolio performance trends and assist in developing strategies to mitigate potential credit risks.

Skills:

The Loan Review Specialist utilizes analytical skills daily to scrutinize loan files and identify potential risks or compliance issues, ensuring the accuracy and integrity of loan portfolios. Strong communication skills are essential for preparing clear, concise reports and collaborating effectively with cross-functional teams to resolve discrepancies. Attention to detail is critical when reviewing complex loan documentation and underwriting criteria to maintain regulatory compliance. Proficiency with financial software and data analysis tools enables efficient evaluation of loan performance and risk metrics. Additionally, problem-solving skills support the development of actionable recommendations that enhance loan quality and mitigate financial exposure.

Salary Range:$46,300.00 To $69,500.00 Annually