Loan Review Officer jobs in Illinois

Loan Review Officer performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews small- to mid-size loans. Being a Loan Review Officer may prepare and provide loan data to accounting. Requires a bachelor's degree. Additionally, Loan Review Officer typically reports to a manager or head of a unit/department. The Loan Review Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Review Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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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.
    Qualifications
    Education/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-POST
    HP123
  • 10 Days Ago

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Data Entry Clerk
  • STEPHANIE OWENS Realtor/Mortgage Loan Officer
  • Murphysboro, IL FULL_TIME
  • We are looking for a hard-working Data Entry Clerk to join our team! As a Data Entry Clerk, you will be responsible for entering specific data into our databases. You will be responsible for managing ...
  • 24 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Schaumburg, IL FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 19 Days Ago

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Loan Officer
  • TRUSTBANK
  • Tuscola, IL FULL_TIME
  • :Job DescriptionJob Title: Loan OfficerDepartment: Operations, TuscolaReports To: Market President and Senior Vice President, LoansFLSA Status: ExemptType of Position: Full-TimeJob SummaryThe Loan Off...
  • Just Posted

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Loan Officer
  • Farmers State Bank
  • Elmwood, IL FULL_TIME
  • Grow with us. If you are interested in growing your career within the financial industry, don't miss this opportunity. At Farmers State Bank of Elmwood, we are committed to assisting our customers’ fi...
  • 4 Days Ago

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Loan Officer
  • Lennar Corporation
  • Dundee, IL FULL_TIME
  • Loan OfficerUS-IL-East DundeeJob ID: 2024-32732Type: Regular Full-Time# of Openings: 1Category: MortgageLENMORT - East Dundee ILOverviewLennar Mortgage is centered around personal growth, innovation, ...
  • 5 Days Ago

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Commercial Loan Review Officer I
  • Valley Bank
  • Morristown, NJ
  • Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
  • 3/29/2024 12:00:00 AM

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Vice President of Business Development
  • Tioga Capital, LLC
  • Atlanta, GA
  • About Tioga Capital, LLC (“Tioga”) is a private investment firm based in Atlanta, GA that takes an opportunistic approac...
  • 3/29/2024 12:00:00 AM

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Credit Underwriter
  • Sonora Bank
  • Boerne, TX
  • Job Title: Sr. Credit Underwriter Reports to: CCO SUMMARY Under limited supervision, responsible for the quantitative an...
  • 3/29/2024 12:00:00 AM

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Loan Review Officer
  • Pelham Berkeley Search
  • New York, NY
  • High Profile Bank in Manhattan seeks a commercial lending Loan Review Officer with a strong credit risk background. Trem...
  • 3/29/2024 12:00:00 AM

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Senior Mortgage Loan Officer
  • Bluestone Home Loans
  • Company Description Bluestone Home Loans is a growing mortgage brokerage based out of Reston, VA. We are licensed in VA,...
  • 3/29/2024 12:00:00 AM

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Actuarial Team Member
  • SFM - The Work Comp Experts
  • Actuarial Team Member SFM – The Work Comp Experts Work somewhere you love SFM is unique in that we are small enough that...
  • 3/29/2024 12:00:00 AM

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Chief Financial Officer
  • Jones Contractors, Inc.
  • Henderson, TN
  • Duties of the position will include, but not be limited to: •Providing strategic financial leadership and input on decis...
  • 3/29/2024 12:00:00 AM

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Commercial Credit Review Officer (Remote)
  • Northwest
  • Warren, PA
  • Job Summary The Loan Review Officer is responsible for performing a variety of loan review activities which aid in the e...
  • 3/27/2024 12:00:00 AM

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 Loan Review Officer jobs
$58,532 to $85,915

Loan Review Officer in Burlington, VT
A commercial loan officer performs portfolio reviews and must consider all factors including risk, size, type of commercial loan and asset quality.
January 21, 2020
Loan Review Officer in Chillicothe, OH
This guide is for people who have been authorised, nominated or commissioned to make or review Budgeting Loan decisions.
February 21, 2020
May also review retail loans and other commercial and non-commercial credit exposures.
January 16, 2020
Loan Review Officer in Indianapolis, IN
The major decisions are still decided upon by the commercial loan manager.
December 27, 2019