Loan Review Officer jobs in Indiana

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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Senior Loan Review Associate
  • Merchants Bank of Indiana
  • Carmel, IN FULL_TIME
  • Description

    The Senior Loan Review Associate resides in the Risk Management team. This position performs loan reviews of existing loan relationships for credit quality, risk assessment and credit administration, while ensuring coverage and frequency of reviews conforms to policy. The annual loan review plan will encompass all loan portfolios. The Senior Loan Review Associate consults with loan officers and lending personal and provides the Chief Credit Officer and Chief Risk Officer timely, an objective assessment of the credits reviewed.

      

    The Senior Loan Review Associate validates the loan risk ratings and timely identification of problem loans by the business units so that necessary action can be taken to strengthen credit quality and minimize the bank’s credit loss. An effective credit risk review system identifies relevant trends that affect the quality of the loan portfolio and highlights portfolio segments that are potential problem areas. Lastly, internal loan review provides management and the board with an objective, independent, and timely assessment of the overall quality of the loan portfolio.

    Requirements

     After one year as our Senior Loan Review Associate you'll know you were successful if you...  

    • Create a flexible annual loan review plan that can pivot to targeted areas if warranted to comply with policy on coverage and frequency of reviews.
    • Complete selected unit reviews for adherence to Loan Policy and related procedures at origination and ongoing monitoring and servicing of the loan validating the loan risk grade assigned. Make recommendations to adjustments to the loan risk grade.
    • Collaborate, confer and discuss results and recommendations with originator and/or asset management, analyzing DSCR and/or covenant trends, classified asset update/action plans, etc.
    • If applicable, complete retrospective reviews (postmortem reviews) and lessons learned to identify issues/trends that may need improved in underwriting and/or asset management (control break downs), to prevent similar credit issues from occurring in the future.
    • Identify relevant portfolio trends that may indicate changes in the credit risk.
    • Chair the loan review committee which will assign loan grades. Issue memos or reports indicating scope and any recommendations for loan risk grade changes and/or control/process changes and/or potential impact to Allowance for Credit Loss.
    • Monitor and analyze credit related regulatory developments (excluding regulatory compliance) and determine how the Company may be affected by the new regulatory guidance.
    • Promotes and maintains a positive work atmosphere by behaving and communicating in a positive, professional manner to work effectively with co-workers, management, partners, and vendors.
    • Ensure compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties. 


    What we are looking for...

    • Bachelor’s degree in a business-related or accounting field required with minimum of 4 years’ experience as a credit analyst, loan review associate or risk analyst of a steadily growing commercial portfolio.
    • Knowledge in multi-family and healthcare lending and experience in banking or a financial services industry background preferred.
    • Strong analytical and organization skills.
    • Ability to influence at all levels of the organization through strong verbal and written communication skills as well as confidentiality required.

     

    Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail, and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana.
     

    Merchants understands the positive impact of making employees feel valued and is proud to once again be recognized by the Indiana Chamber of Commerce’s Best Places to Work Program. This is the seventh year in a row that Merchants was recognized as a Best Places to Work organization.

  • 2 Months Ago

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FT Appraisal Review Officer
  • German American Bank
  • Evansville, IN FULL_TIME
  • Overview:As an Appraisal Review Officer, you play a crucial role in the credit quality and strength of the German American lending program. Your review of appraisals and evaluations for real estate tr...
  • 1 Month Ago

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Loan Officer
  • HomeShield Mortgage
  • Indianapolis, IN CONTRACTOR,FULL_TIME
  • Lucrative Opportunity for Licensed Loan Officers in Indiana! Are you a licensed Loan Officer residing in Indiana looking for an exciting opportunity to maximize your earning potential? Look no further...
  • 21 Days Ago

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Loan Officer
  • HomeShield Mortgage
  • Evansville, IN FULL_TIME,CONTRACTOR
  • Lucrative Opportunity for Licensed Loan Officers in Indiana! Are you a licensed Loan Officer residing in Indiana looking for an exciting opportunity to maximize your earning potential? Look no further...
  • 22 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Bedford, IN 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...
  • 23 Days Ago

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Loan Officer
  • The Fountain Trust Company
  • Covington, IN FULL_TIME
  • The Fountain Trust Company, a $679 million-dollar community bank with 16 locations in west-central Indiana, is searching for a motivated professional to join our Loan team. This is a full-time positio...
  • Just Posted

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Credit Analyst
  • Dwight Funding
  • New York, NY
  • Dwight Funding is a leading working capital partner built for early and growth stage businesses in eCommerce, Food & Bev...
  • 3/28/2024 12:00:00 AM

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Mortgage Loan Officer
  • Royal Business Bank
  • Honolulu, HI
  • JOB SUMMARY Responsible for soliciting, negotiating, underwriting and coordinating the closing of mortgage loans in comp...
  • 3/28/2024 12:00:00 AM

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Loan Review Specialist
  • BAFS
  • Monroe, LA
  • Job purpose To provide an objective appraisal to credit union management of Member Business Loans and applications for c...
  • 3/28/2024 12:00:00 AM

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Business Development Officer
  • Royal Business Bank
  • Los Angeles, CA
  • JOB SUMMARY Under supervision and following established policies and procedures, provides excellent customer service by ...
  • 3/28/2024 12:00:00 AM

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Business Development Officer
  • Royal Business Bank
  • Las Vegas, NV
  • JOB SUMMARY Under supervision and following established policies and procedures, provides excellent customer service by ...
  • 3/28/2024 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

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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...
  • 3/24/2024 12:00:00 AM

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Loan Review Officer- Credit Risk
  • 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...
  • 3/24/2024 12:00:00 AM

Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area and the 17th most populous of the 50 United States. Its capital and largest city is Indianapolis. Indiana was admitted to the United States as the 19th U.S. state on December 11, 1816. Indiana borders Lake Michigan to the northwest, Michigan to the north, Ohio to the east, Kentucky to the south and southeast, and Illinois to the west. Before becoming a territory, various indigenous peoples and Native Americans inhabited Indiana for thousands of ye...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Review Officer jobs
$55,553 to $81,542

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