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Valley Bank
Morristown, NJ | Other
$81k-113k (estimate)
1 Week Ago
Valley Bank
Morristown, NJ | Other
$81k-113k (estimate)
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Champaign, IL | Full Time
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Loan Review Officer I
Valley Bank Morristown, NJ
$81k-113k (estimate)
Other | Commercial Real Estate Brokerage & Management 1 Week Ago
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Valley Bank is Hiring a Loan Review Officer I Near Morristown, NJ

Responsibilities include but are not limited to:
  • Perform independent assessment of credit to determine quality of underwriting, administration and problem loan management.
  • Evaluate the accuracy of loan officer risk ratings; assigning and supporting more suitable risk ratings where appropriate.
  • Assess the adequacy of loan and collateral documentation.
  • Test loan officer compliance to Bank policies/procedures.
  • Test for compliance to any applicable federal laws/regulations.
  • Assess management supervision; determine sufficiency of credit risk management processes.
  • Prepare detailed opinions through written/oral communications, reports and dashboard summaries to support exam findings.
  • Identify existing and emerging risk trends within portfolios; providing suggestions/recommendations for improvement.
  • Track issues identified in reviews and ensure action plans are developed to address and mitigate.
  • Interact with and support other credit related functions within the Bank.
  • Assist in the preparation of regulatory reports as directed.
  • Participate in due diligence activities of potential acquisitions as required.
  • Will typically work on site and at remote locations as deemed necessary to complete work assignments.

Job Summary

JOB TYPE

Other

INDUSTRY

Commercial Real Estate Brokerage & Management

SALARY

$81k-113k (estimate)

POST DATE

06/02/2024

EXPIRATION DATE

03/30/2027

HEADQUARTERS

ROANOKE, VA

SIZE

100 - 200

FOUNDED

2018

CEO

YVETTE KAHN-EWERS

REVENUE

<$5M

INDUSTRY

Commercial Real Estate Brokerage & Management

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The following is the career advancement route for Loan Review Officer I positions, which can be used as a reference in future career path planning. As a Loan Review Officer I, 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 I. You can explore the career advancement for a Loan Review Officer I below and select your interested title to get hiring information.