Loan Operations - Loan Review Analyst

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

Job Title: Loan Review Analyst

FLSA Status: Exempt

Department: Loan Operations

Hours of Operation: M-F, 8:00-5:00

General Job Summary

This position will assist in tracking, monitoring and review of data throughout the Loan Process. This position will review Loan Systems and Procedures as it relates to established Compliance, SOX controls and other Regulatory requirements.

Organizational Duties And Responsibilities

• Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
• Supports all functions that maintain loan policy, compliance with regulatory agencies.
  
  

Essential Duties And Responsibilities

• Review and work system reports for data integrity and timeliness of resolutions
• Review Files post-closing for completeness & accuracy to mitigate potential risk and exposure
• Review and validate the policies and procedures adhere to Loan Policy and Regulatory requirements
• Submit written reports of reviews to supervisor, including findings and recommended actions
• Conduct first line of defense monitoring and testing activities of the Retail, Private Banking, Business Banking and Commercial Lending processes.
• Participates in the development and expansion of compliance and departmental procedures and controls as indicated through routine monitoring of and communication with the Business Units, Loan Operations and Compliance
• Follow up with respective internal partners to ensure recommended actions are implemented and are effective
• Work with the pre-close and Business units to review data and documentation related to HMDA and Flood Insurance
  
  

Other Functions

• Maintain understanding of the bank’s products, services, geographic locations and the potential risks associated with those activities.
• Conduct special projects/audits, when necessary, as directed by the Department Head.
• Aid internal and external auditors and state/federal regulators during their examination of the bank
  
  

Working Conditions: Office environment

Minimum Job Requirements

Education: High School/GED education, some college preferred

Experience: Minimum of 1-3 years of experience in banking operations with knowledge of state and federal regulatory requirements as well as knowledge of bank policies and procedures

Specific Skills

• Strong PC skills (Excel and Word)
• Ability to work independently with limited direction from Manager.
• Ability to function in a multi-task environment responding to inquiries from internal compliance, audit, regulatory agencies and outside consultants in a timely manner.
• Strong verbal and written communication skills
• Ability to tactfully communicate with and gain respect of all employees
  
  

Specialized: Ability to read, analyze and interpret Banking policies and procedures

Physical Requirements

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Primarily sedentary work performed in an office environment
• Ability to sit for extended periods of time while working at a computer
• Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
• Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
• Visual acuity sufficient to read computer screens, printed documents, and financial data
• Occasional standing, walking, bending, or reaching
• Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)
  
  

Benefits

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program