Loan Review Officer - Loan Review

WesBanco; Wheeling (WV); Remote; USD 65,000 - 90,000; Full time

Job summary

WesBanco is seeking a Loan Review professional to support independent evaluation of the loan portfolio, verify documentation, and assess loan administration effectiveness. This is a 100% remote role with occasional in-person meetings as needed.

Under the Director of Loan Review, you will review commercial and consumer credits, assign risk grades, and communicate results in verbal and written form to management.

Qualifications

• Bachelor’s degree in business and related fields; accounting or finance preferred.
• Minimum 3 years of experience as a Federal Bank Examiner, Loan Review or Credit Analysis.
• BAI Loan Review Certification or RMA Credit Risk Certification preferred.

Responsibilities

• 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.

Skills

Credit risk assessment

Financial analysis

Written/verbal communication

Education

Bachelor’s degree in business related field

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

• 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.

Qualifications

• 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.