Loan Review Associate Consultant

Minnesota Bankers Association; BLOOMINGTON (MN); Remote; USD 65,000 - 75,000; Full time

Job summary

An established industry player is seeking a detail-oriented Loan Review Associate Consultant to ensure that community banks maintain acceptable credit standards. This role involves reviewing loan documents, conducting post-approval analyses, and providing valuable feedback to client banks. The position is primarily remote, offering flexibility, but candidates located in the greater Minneapolis-St. Paul area may work from the headquarters in Bloomington. If you are passionate about contributing to the success of community banks and possess the necessary expertise, this is an exciting opportunity to make a significant impact in the banking sector.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Plan with Company Contribution

Flexible Spending Accounts

Paid Holidays

Qualifications

• Minimum 2 years experience with commercial loans required.
• Thorough understanding of loan documentation and regulations.

Responsibilities

• Review loan documents for compliance with credit standards.
• Analyze existing loans for credit worthiness and compliance.
• Assist in writing formal reports on findings and recommendations.

Skills

Commercial Loan Analysis

Credit Standards Compliance

Cash Flow Calculation

Excellent Communication Skills

Education

Bachelor’s Degree in Finance

Bachelor’s Degree in Accounting

Job description

1650 W 82nd Street Ste 1500, Bloomington, MN 55431

Job Description

As a Loan Review Associate Consultant at United Bankers' Bank, you will utilize your attention to detail and technical expertise in reviewing loan documents to ensure client banks maintain acceptable credit standards and that their loans conform to their company's policies. Your experience and professionalism will assist you in writing formal reports on your findings and provide feedback, recommendations, and agreed-upon corrective actions with client banks. If you are a loan professional looking for a dynamic opportunity to contribute to the success of community banks, we want you to join the UBB team.

This is generally a remote, work-from-home position that requires self-discipline and self-motivation. Candidates in the greater Minneapolis-St. Paul area will have the option of working from the UBB Headquarters in Bloomington, MN.

Essential Responsibilities

• Reviews loan documents to ensure that acceptable credit standards are maintained and that loans conform to established company policy.
• Completes post approval analysis of loan requests.
• Analyzes approval of existing loans to ensure ongoing credit worthiness and compliance with loan terms.
• Analyzes internal controls and administrative procedures to identify gaps in the bank’s credit and underwriting policies and procedures.
• Computes cash flow for individual transactions and global debt service.
• Validates the bank’s risk assessment process for assigning and maintaining loan grades.
• Verifies adequacy of analysis for loan loss on individual loans.
• Provides feedback to Loan Officers and bank management on review issues.
• Assists in writing formal reports on findings, recommendations and agreed upon corrective actions.
• Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks and participating in professional societies.

Knowledge, Skills & Abilities

• Bachelor’s degree in Finance, Accounting or related field
• A minimum of 2 years of experience working with commercial loans
• Ability to travel 10 percent of the time including overnight travel
• Must have a valid driver’s license in good standing
• Thorough understanding of post approval credit analysis, calculating cash flows, loan documentation, loan structure and loan regulations
• Excellent oral and written communication skills

About Us

Headquartered in Bloomington, MN and chartered in 1975, United Bankers’ Bank (UBB) is the nation’s first bankers’ bank. Today, UBB has over $1 billion in assets, and is a trusted correspondent banking partner to over 1,000 community banks from the West Coast to the Great Lakes and South Atlantic. Our “First for Your Success” motto is a guiding principle that establishes the success of each and every customer and UBB employee as our number one priority.

United Bankers’ Bank is an EEO/AA employer: All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status or any other characteristic protected by law.

Benefits

• Medical, Dental, and Vision
• HSA with a generous company contribution
• Medical and Dependent Care Flexible Spending Accounts
• 401(k) plan with a 3% company contribution, plus up to an additional 1% match -Roth option available
• 12 Paid holidays

Pay Range

• $65,000.00 – $75,000.00 Salary; depending on education, qualifications, experience
• Annual bonus target: 6% of annual pay dependent on company and personal performance

How to Apply

To continue to learn more about our superior benefits package and apply for this position, please visit our Careers page at https://www.ubb.com/about-us/careers .

MBA Job number/Date Added
H-7951: 2/20/25