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Senior Loan Review Officer
Location
Kansas
Posted
22 days ago
Salary
$83.2K - $131K / year
Seniority
Senior
Job Description
Senior Loan Review Officer
UMB Bank
• Operate within the Loan Review Charter and Loan Review Manual as approved by the UMBFC Board Risk Committee • Conduct individual loan reviews within the schedule determined by the Director and approved by the Risk Committee • Review individual loans and loan portfolios to: Ensure underwriting credit analysis is sound and justifies/mitigates the identified credit risk • Assess the overall quality of the loan portfolio and the adequacy of loan administration practices by reviewing a pool of individual loans • Ensure risk rating reliability and timeliness of rating changes • Identify actual and potential loan problems at the earliest possible time and make recommendations to remediate credit weaknesses • Measure compliance with established policies/procedures and with laws and regulations • Interact with loan officers, commercial team leaders, and commercial group managers to discuss and evaluate individual credits, compliance with policy, and appropriateness of loan administration functions • Act as Reviewer in Charge by coordinating the review process of a lending unit or portfolio of loans • Consolidate the data from the individual loans review • Write the Loan Review Report • Present findings to senior and executive management • Assist with training, development, and mentoring of new associates in the department.
Job Requirements
- Bachelor’s degree in Business, Finance, Accounting, OR an equivalent combination of education and experience
- 8 years commercial banking experience in credit analysis, credit administration, lending or loan review
- 5 years of Loan Review or Bank Examiner experience (preferred)
- Demonstrate ability to work with highly confidential and sensitive information
- Demonstrate extensive lending knowledge and experience with complex credits
- Demonstrate well developed credit analysis abilities
- Demonstrate the ability to read, analyze and interpret common scientific and technical journals, financial reports and legal documents
- Demonstrate strong written and verbal communications
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits
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