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At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.

SUMMARY OF THE JOB :

Reporting to the Loan Review Manager, the incumbent is responsible for providing an independent quality review of the Bank’s commercial lending portfolio and lending practices. The position is responsible for supporting the Loan Review function and Loan Review Manager through the assessment, on a loan specific or portfolio wide basis, of loan quality and corresponding potential loan loss exposure for the various loan portfolios. Monitors compliance with and adequacy of established lending and corporate policies.

ESSENTIAL FUNCTIONS:

The incumbent supports the Loan Review Manager in developing objectives and plans for each portfolio review. As part of the review process, the incumbent will take part in the analysis of the Bank’s commercial loan portfolio to identify any deterioration of loan quality, potential criticized loans, risk rating accuracy, exceptions to loan policy, concentrations of credit, and documentary deficiencies. Key responsibilities include:

+ Reviews commercial and industrial, resort finance, commercial real estate, small business loans and other loan products in accordance with Loan Review Department Policy and plan, which involves credit review of individual credit files including basic legal documentation review.

+ Participate in periodic meetings with Business Lines during loan review process.

+ Employs desktop systems to full advantage in performance of evaluative tasks.

+ Maintains knowledge and skill in related technology to efficiently process assigned loan reviews.

+ May participate in Directors’ Credit Risk Committee meetings presenting information on Bank’s loan portfolio.

+ May be asked to provide internal/external auditors and examiners with reports of loan review findings.

PRINCIPAL ACCOUNTABILITIES

Loan Review: Conducts highly complex loan reviews to ensure that loans are originated, processed, underwritten, and closed in compliance with relevant regulations and consistent with Company policies. Performs on-going review of commercial loan portfolio to identify potential problems, exceptions to policy, and other deficiencies. Conduct loan reviews in accordance with type, scope, and plan period. Expedite/improve processes where possible.

Analysis: Use credit and financial information to verify the continuing credit worthiness of existing customers. Strong ability to analyze corporate financial statements and tax returns.

Risk Rating: Assess adequacy of current grades and accrual status. Recommends adjustments to risk ratings and changes to loan policy and procedures when loan conditions warrant.

Independent Judgement: Provides consultative feedback to relationship managers and their unit managers relative to credit/loan quality issues arising from loan reviews when applicable. Evaluates effectiveness of management processes in the banks various loan portfolios.

Prepares complete reports of loan portfolio composition which accurately reflect lending conditions. Assists in developing summary reports for senior management identifying trends and offering recommendations as assigned for process improvements. Assists in the completion of quarterly summary reports for executive management and Credit Risk Committee. Attends Special Assets meetings and other Line of Business meetings as required.

DIMENSIONS

Operate in a loan volume environment with loan sizes ranging up to $85MM across varying product lines including Small Business, Commercial and Industrial, Commercial Real Estate, Resort Finance and Government Guaranteed. Ability to successfully review and transition between these diversified loan types. Comfortable in maintaining prolonged periods of “desk file” reviews. Ability to complete 2-3 loan file review/write-ups per week.

MINIMUM REQUIREMENTS:

+ A bachelor’s degree in finance, Business Administration or related field, or equivalent work experience. An advanced degree is also preferred.

+ Minimum of 5 – 7 years loan review experience is required and formal credit training preferred.

+ Strong communication and interpersonal skills; ability to interact with various stakeholders.

+ Strong analytical skills: ability to recognize trends and relationships in data and reports and can formulate appropriate conclusions and responses.

+ Detail oriented; ability to work independently.

+ Ability to multitask and meet aggressive deadlines.

+ Demonstrated ability to make sound business decisions and prioritize work consistent with goals and objectives.

+ Strong knowledge of desktop technologies (i.e. Word, Excel, Outlook, Abrigo/Sageworks) with technical aptitude to learn and employ loan review software.

+ Experience/familiarity with due diligence processes.

+ Ability to coach, train and develop others, proactively sharing information and expertise for the benefit of the team.

+ All Loan review assignments include loan documentation, regulatory compliance, and report writing.

PHYSICAL REQUIREMENTS:

+ General Office Equipment

+ Keyboard Dexterity

+ Prolonged Sitting

COMPLIANCE

Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin or veteran status.

Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Job Details

Job Family Credit Risk Mgmt

Job Function Staff

Pay Type Salary