SVP/FVP, Loan Review Manager

General Summary

Responsible for managing the loan review function, including detailed loan file and/or on-site reviews of all lending units using a risk-based approach to determine review scope. Also responsible for the preparation and distribution of Loan Review Reports that communicate findings. Tracks all risk rating changes processed through lending unit reviews and other channels.

DIRECT REPORTS

The incumbent has approximately ten direct reports. The composition of the Loan Review staff is concentrated in loan review officers an administrative support member.

Essential Functions
 

• Employs a risk-based approach to determine loan review scope with frequency of review generally on an annual basis. The risk-based approach considers the levels of problem loans, current economic conditions, delinquency trends, previous review results, adherence to risk rating guidelines, loan growth and nature of each lending unit’s portfolio.
• Prepares an annual report summarizing the accomplishments of the Department for the year and presents the Loan Review Plan for the following year to the Audit Committee.
• Leads and oversees independent loan file and/or onsite reviews of all lending units, generally on an annual basis. The reviews capture at least a threshold percentage of the commitment balances of the lending units combined commercial loan portfolios. The review evaluates portfolio quality while also evaluating and reporting on the unit’s effectiveness regarding risk identification, policy compliance, analysis and support for the credit decision, loan structure, control and monitoring efforts and file support.
• Provides leadership, training, and guidance for all Loan Review staff and review activities of the bank.
• Ensures timely and effective execution of the Loan Review Plan.
• Identifies and elevates significant credit risk issues, trends, and exceptions to lending unit management, senior management, and the Audit Committee.
• Responsible for review and editing of the Loan Review Reports that communicate findings to unit management, senior management, and the Audit Committee.
• Ensures that risk rating changes identified during the reviewed are reflected in loan records in a timely manner.
• Oversee the tracking of financial and documentation exceptions and unresolved issues identified during a review.
• Oversees and manages the Post-Closing Mortgage Quality Assurance function.
• Attends quarterly Problem Loan Reports Meetings as an observer and provides commentary as appropriate.
• Promotes early identification of credit risk issues and loan quality deterioration.
• Maintains independence in determining loan review scope, communicating results, and identifying risk rating recommendations.
• Participates in efforts to ensure risk ratings are appropriate and provides training to lenders regarding risk ratings and problem loan identification and recognition.
• Recommends and performs special reviews as dictated by the bank’s portfolio concentrations and/or local or national economic conditions and market trends.
• Ensures resources within the Loan Review department needed to perform and complete the Loan Review Plan in a timely manner.
• Renders final decisions on loans with disputed risk ratings.
   

Qualifications
 

• Education: College degree in Accounting, Finance, or business-related discipline.
• Experience: Seven to ten years commercial lending or credit experience with at least five years in a credit or loan review function with a commercial bank or similar experience with a banking supervisory agency preferred.
• Skills/Ability: In-depth knowledge of commercial lending, commercial, and residential real estate products. Broad knowledge of regulatory requirements and standards applicable to commercial lending, commercial real estate, and residential real estate products. Superior risk analysis skills. Demonstrated ability to manage high-volume workflow. Excellent leadership, interpersonal, and verbal and written communication skills.