What are the responsibilities and job description for the Credit Process Review Analyst - CIB position at Bank OZK and Careers?
The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts. Learn more about Bank OZK benefits.
Job Purpose & Scope:
Reviews specific data points supporting Corporate and Institutional Banking (CIB) Credit Underwriting to analyze and assure a quality risk rating is obtained. Supports the rating review process for all CIB lending verticals. Reviews will include newly generated loans, modifications, and annual reviews.
Essential Job Functions:- Reviews defined data points and ensures accuracy on both “As Approved” and “As Closed” risk ratings assigned daily.
- Reviews financial statements, underwriter workbooks, credit memos, appraisals, and any other information used to make a credit decision as it relates to ensuring the integrity of CIB’s underwriting guidelines and principles.
- Communicates effectively with individual underwriters on the status/needed updates of pending risk rating reviews.
- Manages assigned risk rating reviews, ensuring they are handled efficiently and processed in a timely manner, consistent with the Bank’s standards.
- Communicates with underwriters and management regarding issues or challenges concerning risk rating reviews, when merited.
- Responsible for data quality during the loan review and determining the “As Approved” and “As Closed” credit risk ratings.
- Regularly exercises discretion and judgment in the performance of essential job functions.
- Follows Bank policy, procedures and guidelines.
Knowledge, Skills & Abilities:
- Knowledge of general financial principles.
- Ability and desire to learn bank regulations related to the Office of Foreign Asset Control, the Bank Secrecy Act, the Anti-Money Laundering Act, and the USA PATRIOT Act.
- Ability to work without close
- Ability to communicate effectively both verbally and in writing.
- Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
- Ability to demonstrate excellent and effective customer service skills.
- Ability to maintain confidentiality.
- Ability to demonstrate effective organization, critical thinking, analytical, and problem-solving skills.
- Ability to work effectively and demonstrate flexibility in a continually changing environment.
- Ability to demonstrate attention to detail.
- Skill in using computer and Microsoft Office, including Outlook, Word, Excel and PowerPoint.
Basic Qualifications:
- Bachelor’s degree in Business Management, Accounting, Finance, Economics, or job related field, or commensurate work experience, required.
- Prior work experience (to include internships) within banking, finance, and/or accounting, preferred.
Operate customary equipment and technology used in a business environment, with or without accommodation.
Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.
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EEO Statement:Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.