Loan Review Officer - Loan Review - Bowie, MD

WesBanco, Inc.; Bowie (MD); On-site; USD 50,000 - 54,000; Full time

Benefits offered by this job

Health benefits

401(k) with match

PTO 22 days

Job summary

WesBanco, Inc. is seeking a Loan Review Officer in Maryland to support independent evaluation of loan quality, documentation adequacy, and loan administration effectiveness.

You will assist in communicating results of reviews both verbally and in writing, while ensuring adherence to banking laws and internal policies. The role requires 3+ years as Federal Bank Examiner, Loan Review, or Credit Analysis, with preferred BAI or RMA certifications.

Qualifications

• Bachelor's degree in a business-related field is required.
• Accounting or Finance major is preferred.
• Minimum of 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

• Provide independent, objective evaluation of loan portfolio quality and loan documentation adequacy.
• Assist with identification and assessment of credit, legal, and strategic risks from lending activities.
• Assess collectability through customer financials, collateral, and payment history; assign risk grades and suggest corrective actions.
• Evaluate loan documentation and loan administration effectiveness.
• Lead exit meetings for unit reviews and communicate results in written and verbal form.

Skills

Credit risk analysis

Financial statement analysis

Report writing

Lending knowledge

Regulatory compliance

Education

Bachelor's degree in business related field

Accounting or Finance major preferred

Tools

Microsoft Word

Microsoft Excel

Outlook

Job description

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.