Loan Review Officer - Loan Review - Wheeling, WV

WesBanco, Inc.; Ann Arbor (MI); On-site; USD 70,000 - 100,000; Full time

Job summary

WesBanco, Inc. in Michigan seeks a Loan Review Analyst to support independent evaluations of the loan portfolio, assess credit risk, and verify documentation and administration processes.

Under the Director of Loan Review, you will assist in communicating findings both verbally and in writing, and participate in exit meetings for reviews. The role requires a Bachelor's in business, accounting or finance, at least 3 years in federal bank examination, loan review or credit analysis, and

Qualifications

• Bachelor's degree in business-related field; accounting/finance preferred.
• Minimum 3 years as Federal Bank Examiner, Loan Review or Credit Analysis.
• Proficient with Word, Excel and Outlook.
• Strong knowledge of commercial and consumer lending and applicable regulations.
• Ability to read/interpret financial reports and legal documents.
• Ability to write management reports in prescribed style and format.

Responsibilities

• Assist independent evaluation of loan portfolio quality and loan documentation.
• Assist in communicating results verbally and in writing.
• Assess credit risk and monitor compliance with loan policy and regulations.
• Review commercial credits and collateral documentation.
• Lead exit meetings for unit reviews.
• Maintain proficiency in bank policies and procedures.

Skills

Credit risk assessment

Financial analysis

Regulatory knowledge

Communication skills

Education

Bachelor's degree in business-related field

BAI Loan Review Certification or RMA Credit Risk Certification

Tools

Microsoft Word

Microsoft Excel

Microsoft 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.

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.