Loan Review Officer - Loan Review - Wheeling, WV

WesBanco Bank Inc.; West Palm Beach (FL); On-site; USD 70,000 - 100,000; Full time

Job summary

WesBanco, Inc. seeks a Loan Review professional to assist in the independent evaluation of the loan portfolio, ensure quality of documentation, and assess loan administration effectiveness.

The role supports communication of results verbally and in writing, and requires knowledge of credit risk, lending regulations, and financial analysis. Responsibilities include identifying risks, evaluating collateral documentation, and leading exit meetings for unit reviews, under the Loan Review Department

Qualifications

• Bachelor's degree in business or related field required.
• Minimum 3 years in Federal Bank Examiner, Loan Review, or Credit Analysis capacity.
• BAI Loan Review Certification or RMA Credit Risk Certification preferred.
• Knowledge of commercial and consumer lending and banking laws/regulations.
• Proficient in Word, Excel and Outlook.

Responsibilities

• Assist with objective evaluation of loan portfolio quality, documentation, and loan administration effectiveness.
• Identify and assess credit, legal, and strategic risks from lending activities.
• Assess collectability of extensions of credit via financial information, collateral, and payment history; assign risk grades.
• Recommend corrective actions for resolution or workout of problem situations.
• Lead exit meetings for unit reviews and prepare management reports.

Skills

Credit risk assessment

Financial analysis

Report writing

Education

Bachelor's degree in business or related field

BAI Loan Review Certification

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.