What are the responsibilities and job description for the Loan Review Officer position at Equity Bank?
Position: Loan Review Officer
Department: Risk & Compliance
Location: Wichita, KS
Salary: FT/Salary
Summary:
We are looking for an experienced credit professional to join our growing Loan Review team. The Loan Review Officer position works in the Loan Review Department, which is part of the Risk & Compliance Department of the bank. Loan Review is responsible for completing independent reviews of the bank’s loan portfolio and identifying risks from these reviews. The Loan Review Officer will conduct reviews of sampled loans within the bank’s commercial real estate, commercial & industrial, agriculture, and consumer loan portfolios.
Responsibilities And Expectations
Physical Requirements
This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to carry, lift, move or push up to 25 pounds on an occasional basis. Must be able to talk and listen to others.
Work Environment
This position regularly works in an office setting. Most of the job duties require the employee to be working with computers and electronic media on a regular basis.
Equity Bank is an equal opportunity employer and will not make employment decisions based on an applicant’s race or skin color, national origin or ethnicity, religious beliefs, age, sex, physical or mental ability.
Department: Risk & Compliance
Location: Wichita, KS
Salary: FT/Salary
Summary:
We are looking for an experienced credit professional to join our growing Loan Review team. The Loan Review Officer position works in the Loan Review Department, which is part of the Risk & Compliance Department of the bank. Loan Review is responsible for completing independent reviews of the bank’s loan portfolio and identifying risks from these reviews. The Loan Review Officer will conduct reviews of sampled loans within the bank’s commercial real estate, commercial & industrial, agriculture, and consumer loan portfolios.
Responsibilities And Expectations
- Independently review loans to assess the risk rating and identify credit quality trends. Evaluate compliance with the Loan Policy, underwriting standards, and any emerging risks.
- Review collateral documentation and verify the accuracy of the collateral values securing loans.
- Perform underwriting reviews on new loans to identify any potential weaknesses, emerging risks, and exceptions to the Loan Policy.
- Write reports using Loan Review software on all reviews performed and other projects completed by the Loan Review Department.
- Discuss identified findings with the Director of Loan Review, loan officers, and Credit Administration.
- Assist the Director of Loan Review and other Loan Review staff with sampling for the various reviews performed by the department.
- Participate in due diligence examinations on potential mergers/acquisitions of the bank.
- Perform other duties as assigned or required.
- Minimum 2 years of experience working in loan review/credit review, credit analysis, commercial lending, or time as a regulatory examiner.
- Prior experience completing a cash flow analysis and assigning risk ratings on commercial loans is required.
- Prior knowledge of valuing various types of collateral such as appraisals, borrowing bases, and/or agricultural products
- Bachelor’s degree in finance, Accounting, or Business. Prior experience working in credit analysis, loan review, or commercial lending will be considered in lieu of the degree.
- Proficiency in Microsoft Word and Excel
- Excellent technology skills including working with AI to improve processes and data collection.
- Good interpersonal and written skills
Physical Requirements
This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to carry, lift, move or push up to 25 pounds on an occasional basis. Must be able to talk and listen to others.
Work Environment
This position regularly works in an office setting. Most of the job duties require the employee to be working with computers and electronic media on a regular basis.
Equity Bank is an equal opportunity employer and will not make employment decisions based on an applicant’s race or skin color, national origin or ethnicity, religious beliefs, age, sex, physical or mental ability.