Loan Review is an internal control which serves to aid management and the Board of Directors in monitoring quality and risk within the Bank's loan portfolio and processes. The Sr. Loan Reviewer will analyze loans, emphasizing the more complex credits, from the Bank's portfolio for credit quality, analytical accuracy and adherence to Bank policy. The Loan Review process will focus on assessing overall and loan-by-loan credit quality. The Sr. Loan Reviewer will be required to have an advanced unde... more details
Loan Review is an internal control which serves to aid management and the Board of Directors in monitoring quality and risk within the Bank’s loan portfolio and processes. The Sr. Loan Reviewer will analyze loans, emphasizing the more complex credits, from the Bank’s portfolio for credit quality, analytical accuracy and adherence to Bank policy. The Loan Review process will focus on assessing overall and loan-by-loan credit quality.
The Sr. Loan Reviewer will be required to have an advanced understanding of loan policies, risk ratings, credit underwriting, financial analysis and collateral evaluation. This individual will share responsibility with teammates for meeting all review completion deadlines in order to adhere to the annual review schedule and attainment of required portfolio coverage. The Sr. Loan Reviewer will also serve as a review lead, managing and directing select loan review activities. The Sr. Loan Reviewer will assist with training and mentoring junior members of the Loan Review department and with preparing reports for distribution to management and the Board of Directors.
RESPONSIBILITIES
When not serving as Review Lead, perform detailed and independent loan file reviews, using technical subject matter expertise and knowledge, focusing on the examination of more complex credits.
Demonstrate independent judgment in evaluating: loan credit quality, thoroughness of risk identification, accuracy of financial analysis, appropriateness of loan structure, support for risk grade/credit decision, policy compliance and administrative completeness.
Review credit processes to ensure policy compliance and consistency across credit groups, and identify opportunities to enhance for quality, accuracy and/or efficiency. Make recommendations to senior management based on findings from Loan Reviews to improve and strengthen policies, and procedures.
Identify areas of risk and seek ways to assist the Bank in strengthening controls and improving efficiency while mitigating risk.
Participate in exit meetings with lending units to discuss findings, issues and/or concerns. Assist in drafting Loan Review Reports to communicate findings to senior management by generating formal audit report, raising issues for resolution, and making recommendations.
Perform Continuous Risk Monitoring activities on assigned portfolio segments.
Provide guidance to junior team members and review work for accuracy and quality of analysis.
For assigned examinations, notify business unit of examination and discuss process and expectations.
Plan and recommend scope for the examination.
Manage file review activities to ensure consistency and appropriateness of conclusions.
Provide secondary review of line sheets.
Communicate findings timely with business unit and Loan Review Manager.
Communicate emerging themes and potential issues with Loan Reviewers and Loan Review Manager.
Plan, and coordinate with Loan Review Manager to conduct, exit meetings with lending units to discuss findings, issues and/or concerns.
Draft Loan Review Reports to communicate findings to senior management by generating formal audit report, raising issues for resolution, and making recommendations.
Perform special projects and targeted reviews as directed.
Assist in analyzing trends within the loan portfolio.
Assist in developing monitoring procedures or analyses to ensure timely identification of significant risk or other trends in the Bank’s loan portfolio.
Participate in efforts to enhance department and Bank procedures for loan review, credit processes, risk ratings, exception monitoring, portfolio analysis, management reporting and other areas. Includes making recommendations based on technical subject matter expertise and knowledge.
Interact with auditors, examiners and other third parties as needed.
Review work-product of junior loan review team members as needed.
Assist in training and mentoring junior loan review team members.
Other duties as assigned.
QUALIFICATIONS
Minimum 7 years of direct underwriting or loan review experience required, including minimum 5 years within a regulated financial institution required.
Minimum 3 years of experience in a position with loan review or credit approval responsibility.
Broad lending knowledge and experience encompassing a wide range of loan types required, including expertise in CRE, C&I and construction lending, and basic knowledge of SBA and consumer lending. Franchise and agricultural lending knowledge preferred.
A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $110,483 to $165,725. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A discretionary bonus and/or business line incentive may be provided, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html
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