Credit Analyst/Loan Review
New York, NY
Minimum 5 years of experience within a credit department or loan review department of a Bank.
The Loan Review Analyst provides an independent assessment of credit risk by examining commercial credit portfolios for adherence to policies and procedures, adequate supervision, appropriate risk ratings, and sound underwriting. Must possess excellent organizational and communication skills, as the person must effectively process vast amounts of information and condense it into a synopsis that conveys the proper risk rating. A candidate must comprehend financial analysis and be able to deliver well-written and meaningful dialog regarding various types of credit. Must have a comprehensive understanding of lending products, lending process and the Loan Review function as it relates to the review of lending portfolios. This includes understanding loan origination, loan maintenance, loan accounting, regulatory requirements, and regulatory examiners' expectations. Intermediate/Advanced PC skills for Microsoft Office -focus on MS Excel. Duties and Responsibilities Include: Perform independent assessment of credit to determine quality of underwriting, administration and problem loan management. Evaluate the accuracy of loan officer risk ratings; assigning and supporting more suitable risk ratings where appropriate. Assess the adequacy of loan and collateral documentation. Test individual credit compliance to Bank policies/procedures/regulatory guidelines. Prepare detailed opinions through written/oral communications, reports and dashboard summaries to support review findings. Identify existing and emerging risk trends within portfolios; providing suggestions/recommendations for improvement. Track issues identified in reviews and ensure action plans are developed to address and mitigate. Interact with and support other credit related functions within the Bank. Assist in the preparation of regulatory reports as directed. Perform other tasks as assigned.