What are the responsibilities and job description for the Loan Portfolio Analyst II position at Simmons Bank?
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
This role is responsible for review and monitoring of the entire bank’s loan portfolio. Each associate is responsible for monitoring credit risk through file reviews, performing credit analysis on specific borrower, conducting data analysis on the portfolio to determine trends, risks, process flaws, etc. Function assists in ensuring all risks are identified and monitored as related to the lending function. Will work more independently, mentor less experienced associates and be more proactive in examination and discussion of risks.
Essential Duties And Responsibilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Skills
We're committed to bringing passion and customer focus to the business.
This role is responsible for review and monitoring of the entire bank’s loan portfolio. Each associate is responsible for monitoring credit risk through file reviews, performing credit analysis on specific borrower, conducting data analysis on the portfolio to determine trends, risks, process flaws, etc. Function assists in ensuring all risks are identified and monitored as related to the lending function. Will work more independently, mentor less experienced associates and be more proactive in examination and discussion of risks.
Essential Duties And Responsibilities
- Review loan portfolio to determine level of credit risk.
- Complete analytical research on the loan portfolio include concentration analysis, stress testing, exception trends, etc.
- Assist in the methodology and process for calculating the allowance for loan losses.
- Prepare summary reports for Board and Management review
- Assist in the preparation of monthly asset quality reports
- Review and approve all change of loan status forms and complete impairment analysis as needed.
- Assist in monitoring and tracking of credit discounts on acquired assets.
- Will work more independently, mentor less experienced associates and be more proactive in examination and discussion of risks.
- Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
- Performs other duties and responsibilities as assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Skills
- Ability to lead or mentor the work of others.
- Ability to identify and resolve problems in a timely manner and gather and analyze information skillfully.
- Ability to read, write and comprehend simple instructions, procedures, business correspondence, reports, and memorandums.
- Ability to read and interpret documents such as procedures manuals, general business correspondence, and/or journals or government regulations.
- Ability to read, analyze and interpret financial reports and/or legal documents.
- Ability to respond in writing to customer complaints, regulatory agencies or members of the business community.
- Ability to speak effectively and present information, in one-on-one and small group situations to customers, clients, and other employees in the organization.
- BS/BA degree required, and
- Two to four years of relevant work experience.
- MS Office programs
- Other internal bank programs
- Must understand financial statements