4 Loan Review Officer Jobs near me
AMERISERV FINANCIAL BANK is Hiring a Loan Review Officer Near Johnstown, PA
Essential Functions
- Attain the objectives required in the loan review policy and procedures.
- Prepare accurate analyses (review format) of existing borrowers from an unbiased perspective to ensure the accuracy of the risk ratings. This includes but is not limited to evaluation and interpretation of liquidity, leverage, and operating metrics; calculation and discussion of cash flow coverage; consideration of management, industry, rent roll, and collateral.
- Perform a continuous review of all loan types and commitments in compliance with Loan Review policy requirements for the purpose of classifying loans, determining degree of attention required, and identifying actual and potential credit problems in a timely fashion.
- Monitor overall and specific loan portfolios for significant changes in operations, underwriting, credit quality and relationship manager performance and report and discuss with supervisor.
- Prepare assigned monthly and quarterly graphs, reports, and memos, some of which are disbursed internally and/or to the bank’s loan committees and Audit Committee.
- Discuss and counsel relationship managers on specific loan situations as needed.
- Recommend as appropriate, modifications to the existing procedures and note significant trends if necessary.
- Update procedures and recommend loan review policy changes as needed.
- Keep the supervisor advised on progress of loans reviewed and potential problem loans or problem situations.
- Validate the accuracy of management reports prepared and used in the respective lending departments.
- Maintain adequate contact with other “peer” banks and appropriate government banking agencies to keep abreast of latest innovations and requirements in the Loan Review function.
Supervisory ResonsibilityThis position requires no supervision of employees.
Work EnvironmentThis job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.
Physical DemandsThe employee is frequently required to: 1) type or otherwise work with fingers; 2) talk, expressing or exchanging ideas by means of the spoken word which includes activities in which the employee must convey detailed or important oral instructions to other workers or clients accurately, loudly, or quickly; 3) hear, i.e., perceive the nature of sounds at normal speaking levels with/without correction with the ability to receive detailed information through oral communication and make determinations in sound; and 4) see, with required abilities including viewing a computer monitor and extensive reading.
Sedentary work may require occasionally lifting to 10 pounds and/or moving up to 25 pounds. This work involves sitting most of the time with walking.
TravelNo travel is required except for possible training and/or conferences.
Competencies
- Strong Communication proficiency (oral and written)
- Excellent Interpersonal Skills
- Strong Analytical Skills
- Detail oriented
- Independent judgment
- Ethical conduct
Job Summary
Full Time
Banking
$55k-78k (estimate)
05/23/2024
06/18/2024
ameriserv.com
EBENSBURG, PA
200 - 500
1901
DIANE LITZINGER
$50M - $200M
Banking
Related Companies
About AMERISERV FINANCIAL BANK
AmeriServ Financial, Inc., A bank holding company, is the parent of AmeriServ Financial Bank, AmeriServ Trust & Financial Services Company, and West Chester Capital Advisors. AmeriServ Financial, Inc. trades on the NASDAQ Stock Exchange under the symbol ASRV. MEMBER FDIC, EQUAL HOUSING LENDER Never share your personal confidential information publicly on LinkedIn.
The job skills required for Loan Review Officer include Loan Review, Accounting, Underwriting, Credit Analysis, Financial Analysis, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Review Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Review Officer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Review Officer positions, which can be used as a reference in future career path planning. As a Loan Review Officer, it can be promoted into senior positions as a Commercial Loan Review Officer I that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Review Officer. You can explore the career advancement for a Loan Review Officer below and select your interested title to get hiring information.
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