Loan Review Officer - Loan Review

WesBanco; Bowie (MD); Remote; USD 50,000 - 54,000; Full time

Benefits offered by this job

401(k) with employer match

Excellent benefits package (medical, +

PTO 22 days

Job summary

WesBanco is seeking a Loan Review Officer to provide independent evaluation of the loan portfolio quality, documentation adequacy, and loan administration effectiveness. You will assist with communicating results from reviews in verbal and written forms.

The position requires at least 3 years of Federal Bank Examiner, Loan Review, or Credit Analysis experience, with a Bachelor's degree in business. BAI Loan Review or RMA Credit Risk Certification is preferred.

Qualifications

• Bachelor's degree in business or related field is required.
• Minimum 3 years of experience as a Federal Bank Examiner, Loan Review or Credit Analyst.
• BAI Loan Review Certification or RMA Credit Risk Certification preferred.

Responsibilities

• Assess credit risk and monitor compliance with loan policy and regulations.
• Identify and assess credit, legal and strategic risks from lending activities.
• Evaluate collectability of extensions of credit and assign risk grades.
• Evaluate adequacy of loan and collateral documentation and loan administration.
• Review commercial credits of all types and complexities.
• Ability to lead exit meetings for unit reviews.
• Work under supervision of Loan Review Department Manager.

Skills

Financial analysis

Credit risk assessment

Lending knowledge

Report writing & communication

Education

Bachelor's degree in business

BAI Loan Review Certification

RMA Credit Risk Certification

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

This position is 100% remote within the Bank's footprint. Employee will work full time remote outside of a WesBanco location (may occasionally attend in person meetings, although primary functions of the role are performed remotely).

Summary

Under the direction of the Director of Loan Review, will provide assistance for the independent and objective evaluation of the quality of the loan portfolio, the adequacy of loan documentation, and the effectiveness of loan administration functions. Assists with the effective communication of results from reviews, in verbal and written forms.

Essential Duties And Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring of compliance with loan policy, policies and procedures, applicable laws and regulations.
• Assists with identification and assessment of credit, legal and strategic risks arising from lending activities.
• Assesses collectability of extensions of credit through review of customer financial information, collateral information and documentation, and payment history. Assigns appropriate risk grades to reflect relative risk of default or loss. Recommends corrective actions to assist with resolution or workout of problem situations.
• Evaluates adequacy of loan and collateral documentation and the effectiveness of loan administration.
• Reviews commercial credits of all types and complexities.
• Ability to lead exit meetings for unit reviews
• Works under the supervision of the Loan Review Department Manager.

Other Requirements

Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.

• Proficient in Microsoft Word, Excel and Outlook.
• Ability to utilize tools provided in performing job responsibilities.
• Must develop a good working knowledge of commercial lending, including collateral documentation, generally accepted practices and financial analysis skills.
• Ability to read, analyze and interpret financial reports and legal documents.
• Ability to write reports for management that conform to prescribed style and format.
• Ability to define problems, collect data, establish facts and draw valid conclusions.
• Ability to interpret a variety of technical and financial information and deal with both subjective and concrete variables.

Additional Information

The wage range for the Loan Review Officer position is $50,000-$54,000 annually. The position includes 22 days of PTO (Paid Time Off) and 5 days of STD (Short Term Disability) and 11 annual paid holidays.

• WesBanco has an excellent benefits package to include medical, dental, and vision, Health Care Flexible Spending, Dependent Care Flexible Spending, Transportation Fringe Benefit Plan, Group Life, Long Term Disability, Optional Life, access to voluntary benefit products such as Cancer, Term & Universal Life, Accident, Short-Term Disability and Critical Illness policies, and other ancillary benefit products.
• WesBanco also offers 401(k) with employee match.

Bachelor's degree from an accredited college or university in a business related field required. Accounting or Finance major preferred.

A minimum of 3 years of experience as a Federal Bank Examiner, Loan Review or Credit Analysis capacity is required.

BAI Loan Review Certification or RMA Credit Risk Certification preferred.