Commercial Loan Review Officer jobs in Illinois
Commercial Loan Review Officer performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews small loans of little complexity. Being a Commercial Loan Review Officer typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Loan Review Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Review Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Commercial Loan Review Officer jobs
Loan Review Officer I
- First Mid
-
Champaign, IL
FULL_TIME
-
The Loan Review Officer I is responsible for assessing the level of credit risk of the Bank’s loan portfolio primarily through the performance of analytical reviews of new and existing individual commercial and agricultural credit relationships.Responsibilities include, but are not limited to:
- Perform credit analyses on large commercial and agricultural credit relationships and assign risk ratings based on established written parameters approved by the Board of Directors. Additionally, perform analyses on previously identified problem credits noting specific actions expected to reduce the level of credit risk in these credits.
- Review for compliance with prudent underwriting standards based on internal policy and industry specifications.
- Communicate effectively and professionally with loan officer personnel regarding the analysis of the credit relationships.
- Communicate results of credit analyses in written form for distribution to management personnel.
- Track and log all risk grade changes for the monthly reports.
- Produce monthly classified loan reports for presentation to the Loan Administration Committee and Board of Directors.
- Produce monthly non-performing reports for presentation to the Loan Administration Committee.
- Complete selective quarterly reports which provide support to the ACL analysis.
- Complete the quarterly analysis of the commercial real estate and ag loan portfolios.
- Complete required training associated with job function.
QualificationsEducation/Experience:- Bachelor’s degree preferred or commensurate banking experience
Skills:- High level of analytical skills and extensive knowledge of credit underwriting and documentation standards for all types of loans.
- Extensive knowledge of regulatory requirements and expectations related to the lending function.
- Good organizational skills and ability to substantiate reviews with detailed work papers.
- Proficient in Microsoft Office with advanced training in Microsoft Excel preferred.
- Communicate clearly and professionally.
- Work effectively as part of a team to achieve established outcomes.
- Maintain confidentiality and discretion.
First Mid Bancshares, Inc. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT#LI-POSTHP123 - 1 Month Ago
Commercial/Agriculture Loan Officer
- Warren-Boynton State Bank
-
Berlin, IL
FULL_TIME
- Warren-Boynton State Bank serves its customers and communities by remaining a strong and stable community bank focused on providing high quality financial products and personal service. The bank has a...
- 1 Day Ago
Commercial/Agricultural Loan Officer
- CNB Bank and Trust, N.A.
-
CARROLLTON, IL
FULL_TIME
- Commercial/Ag Loan Officer Join a thriving community bank where customer service and community involvement are valued. We’re seeking a sales-oriented commercial lender with 5 years of commercial lendi...
- 5 Days Ago
Commercial/Ag Loan Officer
- Bank of Hillsboro, N.A.
-
Greenville, IL
FULL_TIME
- Job Title: Commercial Loan Officer Category: Banking / Finance Location: Vandalia, IL & Greenville, IL (spilt market) Experience preferred: 5 years banking, finance or accounting background. At Bank o...
- 13 Days Ago
Commercial Loan Officer I
- Self-Help External
-
Chicago, IL
FULL_TIME
- WHO We Are: Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive...
- 29 Days Ago
Commercial Loan Officer I
- Self-Help Services Corp
-
Chicago, IL
FULL_TIME
- WHO We Are: Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive...
- 29 Days Ago
Commercial Loan Review Officer jobs at Popular Companies
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Review Officer jobs
$56,347 to $79,534
Most Popular Cities in Illinois for Commercial Loan Review Officer Jobs
What does a Commercial Loan Review Officer do?
Commercial Loan Review Officer in Mcallen, TX
Communicate recommendations and credit risk management processes to the Loan Review Officer III that strengthens the organization and enhances overall supervision of lending methods and provides tools to continually measure effectiveness.
January 17, 2020
Commercial Loan Review Officer in Vincennes, IN
Evaluates quality of commercial loans and the assigned risk ratings indicating borrower’s financial strength and probability of loan repayment.
February 23, 2020
Commercial Loan Review Officer in La Crosse, WI
Commercial loan workers specialize in the commercial sector of lending, and have a slightly different job description than the loan officer—though responsibilities may be similar or exactly the same.
February 01, 2020