Loan Review Analyst

Compensation

$

Hours Per Week

40

Number Of Positions

1

Job Description

Job Title: Loan Review Analyst

FLSA Status: Exempt

Department: Loan Operations

Hours of Operation: Monday - Friday, 8:00am-5:00pm

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)

Place of Work

On-site

Requisition ID

62577