Loan Review Officer

Union State Bank; Wichita (KS); On-site; USD 85,000 - 125,000; Full time

Job summary

Union State Bank is seeking a Loan Review Officer in Wichita, KS to lead the development and execution of the Bank's internal Loan Review Program. You will assess credit information, determine risk grades, and support ALLL/CECL calculations with detailed reporting to management.

Responsibilities include pre- and post-closing loan reviews across commercial, agricultural, and real estate portfolios, maintaining documentation standards, and reporting findings to the Chief Credit Officer and Audit

Qualifications

• Bachelor's degree or higher in finance, accounting, economics, business administration, agricultural economics, or related field.

Responsibilities

• Develop and maintain the Loan Review Program and procedures.
• Perform pre- and post-closing loan reviews for various credit types.
• Identify and report exceptions, weaknesses, and risks in credits.
• Assess risk ratings, collateral perfection, and underwriting standards.
• Prepare reports on loan review results and portfolio trends.
• Support regulatory exams and internal audits involving loan reviews.

Skills

Credit analysis

Documentation review

Risk assessment

Attention to detail

Communication

Project management

Team collaboration

Policy & compliance knowledge

Education

Bachelor's degree in finance or related field

Tools

Fiserv Precision

nCino

Teslar

LaserPro

Microsoft Office

Job description

Description

Position Summary: The Loan Review Officer is responsible for the development, administration, execution, and ongoing enhancement of the Bank's internal Loan Review Program. The position is primarily focused on independent risk identification, credit quality assessment, loan documentation review, risk-rating accuracy, portfolio monitoring, and reporting across the Bank's loan portfolio. The position is responsible for analyzing credit information on current loans; determines the appropriate risk grade for the credit; identifies and quantifies reserves for loans requiring specific reserve analysis for ALLL/CECL calculations, and provides reporting to the Management.

Principal Responsibilities and Duties

• Responsible for the development, administration, maintenance, and continuous improvement of the Bank's Loan Review Program and loan review infrastructure.
• Develop and maintain written loan review procedures, review methodologies, sampling criteria, review schedules, documentation standards, and reporting processes and review penetration appropriate for the size, complexity, and risk profile of the Bank's loan portfolio.
• Establish and maintain an appropriate level of loan review penetration across the portfolio, with additional emphasis on larger relationships, criticized and classified assets, portfolio concentrations, higher-risk industries, and other areas of emerging risk.
• Perform independent pre-closing loan reviews of designated commercial, agricultural, commercial real estate, construction, and other credits to evaluate compliance with loan approval requirements, Bank policy, underwriting standards, documentation requirements, collateral perfection, and applicable lending practices.
• Perform post-closing loan reviews to determine whether loans were documented, closed, funded, and collateralized in accordance with approved terms, Bank policy, and established procedures.
• Possess and apply a strong working knowledge of UCC Article 9 and lien-perfection requirements, including UCC-1 financing statements, debtor naming requirements, collateral descriptions, appropriate filing jurisdictions, continuations, amendments, and termination considerations.
• Identify and report credit, collateral, documentation, lien-perfection, policy, and underwriting exceptions and weaknesses in individual credits.
• Evaluate recurring exceptions and determine whether patterns indicate broader training, process, documentation, underwriting, or internal control weaknesses.
• Complete periodic and annual reviews of designated large or complex commercial, agricultural, and commercial real estate relationships. Analyze financial information including business and personal tax returns, financial statements, accounts receivable aging reports, inventory reports, cash flow statements, debt service coverage, global cash flow, liquidity, leverage, collateral coverage, industry conditions and other relevant financial and risk information.
• Complete quarterly reviews of criticized, classified, nonaccrual, delinquent, and other identified problem credits, evaluating problem credit action plans, collection strategies, workout plans, collateral values and guarantor support.
• Assess concentration levels, risk ratings, portfolio trends, and emerging risks within appropriate segments and concentrations of the loan portfolio.
• Develop comparable trend reporting over time and clearly communicate findings to the Chief Credit Officer, Audit Committee, management, and other appropriate committees.
• Prepare reports regarding loan review results, portfolio review penetration, risk-rating changes, documentation exceptions, criticized assets, concentrations, emerging risks, and other credit trends.
• Assist with preparation of Board and committee reports related to loan review and credit risk management.
• Monitor the status and resolution of material loan review findings and communicate unresolved or recurring issues to the Chief Credit Officer and, when appropriate, the Audit Committee.
• Review internally compiled market data, metrics, economic information, and demographic information on a national, state, and local level for use in credit and portfolio analysis.
• Assist management in preparation for regulatory examinations, external loan reviews, internal audits, and other credit-related reviews.
• Work collaboratively with Credit Administration, Lending, Loan Operations, Compliance, Audit, and other departments while maintaining the independence and objectivity required of the Loan Review function.
• Serve as a resource to lenders, credit personnel, and loan operations personnel regarding credit analysis, risk-rating practices, loan documentation, lien perfection, and recurring findings identified through loan review.
• Recommend enhancements to policies, procedures, underwriting practices, documentation processes, exception tracking, and other credit administration controls based upon loan review findings.
• Lead or participate in special projects related to credit administration, portfolio management, loan documentation, data integrity, reporting, risk management, process improvement, or other initiatives as assigned by the Chief Credit Officer.
• Stay informed through ongoing education and training regarding regulatory guidance, lending laws, credit administration practices, loan documentation, lien perfection, agricultural lending, commercial real estate lending, and other matters affecting the Bank's credit risk profile.
• Keep current with applicable lending regulations and regulatory expectations and recommend changes to loan review or credit administration practices when appropriate.
• Perform other duties as may be required or assigned.

Requirements

Supervisor Responsibilities: N/A

Education and Experience Requirements: Bachelor's degree in finance, accounting, economics, business administration, agricultural economics, or a related field, or an equivalent combination of education and relevant banking experience. A minimum of three to five years of progressively responsible experience in commercial credit, loan review, credit administration, commercial lending, or a related banking discipline, with demonstrated experience managing, administering, or having significant responsibility for an internal loan review function. Prior experience developing, implementing, or materially enhancing an internal Loan Review Program is strongly preferred. Valid driver’s license required.

Specific Skills Required: Credit and Loan Documentation Expertise: Strong ability to analyze commercial and agricultural credits, evaluate loan structure and documentation, identify collateral and lien-perfection deficiencies, and assess compliance with loan policy and underwriting standards. Critical Thinking and Risk Identification: Demonstrated ability to independently identify credit weaknesses, emerging risks, trends, and root causes while exercising sound judgment and professional skepticism. Accuracy and Attention to Detail: Exceptional attention to detail with the ability to identify inconsistencies, documentation deficiencies, policy exceptions, and data-quality issues. Communication and Collaboration: Strong written and verbal communication skills with the ability to clearly articulate findings, recommendations, and risk concerns while working effectively with lenders, management, auditors, and other departments. Organization and Project Management: Ability to independently prioritize and manage multiple loan reviews, reporting responsibilities, deadlines, and special projects from initiation through completion. Portfolio and Strategic Perspective: Ability to move effectively between detailed analysis of individual credits and broader evaluation of portfolio trends, concentrations, risk ratings, and emerging credit risks. Able to handle confidential information and positively represent the company.

Competencies: Communication, Critical Thinking, Strategic Thinking, Independent Judgment, Decision Making, Attention to Detail, Credit Judgment, Problem Solving, Project Management, Accountability, Initiative, Organization, Teamwork, and Strong Collaboration.

System Accesses: Fiserv Precision, nCino, Teslar, LaserPro, Microsoft Office Suite, etc. Equipment Used: Computer, multi-line phone system, multi-function printer/copier, and other standard office equipment.

Working Conditions: Work is performed in an office environment. Prolonged (90%) sitting and periodic (less than 10% of the time) physical exertion to manually move, lift, carry or push heavy objects or materials weighing up to 50 pounds; Constant and repetitive use of arms and hands below shoulder level for computer usage; This position requires the individual to perform normal office activities including, but not limited to, lifting, filing and retrieving, operating office equipment, etc. Travel between locations may be required.

This job description describes the general nature and level of work performed by the employee assigned to this position. Responsibilities and duties describe those functions considered essential to the performance of the job. This description does not state or imply that these are the only duties and responsibilities assigned to the job. The employee may be required to perform other job-related duties as requested by their supervisor. All requirements are subject to change over time, at the discretion of your supervisor, and to possible modification to reasonably accommodate individuals with a disability.

Union State Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender, identity, age, disability, or status as a protected veteran.