Loan Review Officer jobs in Louisiana

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 Specialist
  • Business Alliance Financial Services LLC
  • Monroe, LA FULL_TIME
  • Job purpose

    To provide an objective appraisal to credit union management of Member Business Loans and applications for credit in order to identify potential loan problems and ensure compliance with established loan policies and federal regulations.


    Duties and responsibilities

    Primary Duties:

    • Performs regular loan portfolio reviews based on risk and/or size of all credit types (commercial real estate, equipment, Small Business Administration, asset-based lines of credit, participations, etc.) that cover the following areas:
      • Asset Quality – Ensuring that acceptable credit standards are maintained (confirms lien perfection, repayment capacity, collateral, etc.)
      • Documentation – Ensuring that loans conform to established bank lending policies and procedures and that required documents have been obtained and are thorough and accurate.
      • Compliance – Ensuring conformance to relevant state and federal laws and regulations.
    • Ensures the creditworthiness of the loan portfolio, looking for changes that merit a review of lending practices and/or adverse asset classification
      • Validates the accuracy of the credit grading/loan rating system
        • Evaluates the allowance for loan loss methods/reserves/allocations/watch list
      • Identifies problem loans and describes deficiencies
        • Recommends final credit grades for approval by supervisor of loan review function
        • Provides detailed reasons/rationale for assigning differing and/or adverse risk ratings
      • Identifies and evaluates portfolio trends with respect to delinquency, bankruptcy, demographic and other factors
      • Monitors portfolio diversification in accordance with policy guidance and strategic plan
      • Stress tests the loan portfolio or individual loans for risk monitoring
    • Reviews credit union processes (loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, internal controls, concentration reporting, ALLL methodology, etc.)
      • Evaluates the adequacy and effectiveness of tracking systems
      • Determines if proper approval procedures and loan authorities are adhered to
      • Reports trends and/or makes suggestions for changes
      • Informs management of any potential fraud opportunities and/or detection
    • Verifies quality, completeness and accuracy of supporting loan documentation and analysis
      • Periodically reviews files for appraisals, deeds of trust, UCC filings, perfection on liens, collateral evaluations and valuations, etc.
      • Performs regular back-end review of financials and related analysis (financial statements, tax returns, rent rolls, personal financial statements, cash flow statements, etc.)
        • Identifies trends, debt service coverage, performance ratio analysis
    • Reviews loan policy for adequacy
      • Validates that applicable laws and regulations are addressed by policy
      • Ensures that actual procedures/processes uphold the written policy
      • Makes suggestions/recommendation for changes/updates/revisions to policy content
    • Assesses problem loan management/workout plan effectiveness
    • Provides assistance and consultation to loan officers, other lending personnel (loan administration, lending assistants, etc.), auditors and regulatory examiners.
    • Prepares an executive summary of each review and supporting analysis
      • Creates write-ups for presentation to individual lenders and/or management
      • Presents findings to Board of Directors as appropriate
    • Participates in special lending-related projects as directed
    • Performs additional job-related duties as assigned or required


    Other Responsibilities:

    • Other duties as assigned


    Qualification – Minimum Requirements

    • Bachelor’s Degree with an emphasis in finance or accounting – or equivalent combination of education and experience (5 years) required.
    • Minimum of three (3) years’ experience in a loan review or credit analysis capacity is required.
    • Must exhibit strong analytical skills, recognizing the importance of attention to details.
    • Must have the ability to multitask to meet deadlines and deal tactfully with clients.
    • Computer aptitude with MS Office programs, Word, Excel, Adobe, Access and PowerPoint.

    Key Success Factors:

    • Thorough knowledge of lending laws and regulations
    • Strong analytical, technical and statistical skills
    • Sound working knowledge of accounting principles and financial statements
    • Ability to create reports of review findings
    • Capability to effectively present information and respond to questions form groups of lenders, managers, directors and/or regulatory officials
    • Strong integrity in all areas, adhering to policies, regulations and utmost ethical and legal standards
    • Uphold confidentiality and privacy of findings in all situations
    • Demonstrate ability to prioritize and handle multiple projects
    • Remain flexible to withstand unpredictable changes to schedules and deadlines
    • Interact and communicate effectively with personnel at all levels of the organization


    Desirable Performance Behaviors:

    • Ability to interact easily at all levels of the organization
    • Flexibility in working with team members to meet deadline
    • Commitment to excellence and attention to detail
    • Exhibit professional behavior
    • Ability to work on multiple projects while meeting tight deadlines and achieving expected level of accuracy


    Equipment/Software Operating Requirements;

    Windows based PC (MS Word/Excel/Power Point/Outlook

    Familiar with Bank CORE syatems

    Document Imaging

    copy machine; telephone


    Working conditions

    • Normal business office environment in a professional business setting.
    • Occasional travel to credit union locations and off-site vendors.
    • Work pace can be very fast during deadlines and peak periods.


    Physical requirements

    • Operation of a Personal Computer and viewing information on a monitor
    • Must be able to sit for many hours each day
    • Ability to sit in artificial light for extended periods of time.
    • Must be able to communicate via telephone and possess dexterity to include filing document, reaching, and bending
    • May be required to stand for extended periods of time
    • Ability to lift or carry up to 20 pounds
    • Ability to speak English, express ideas and have difficult conversations in person and over the phone
    • Ability to listen and comprehend speech
    • Ability to problem solve, make decisions, interpret data and information, read, write, and organize information in an orderly manner
  • 21 Days Ago

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Loan Review Analyst III
  • First Guaranty Bank
  • Hammond, LA FULL_TIME
  • Great employees are essential to maintaining the confidence our customers place in us. FGB believes that our employees are our greatest asset as demonstrated in their professionalism and dedication. W...
  • 3 Days Ago

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Loan Review Analyst III
  • Crescent Search, Inc.
  • Baton Rouge, LA FULL_TIME
  • Position Summary The Loan Review Analyst III (LRA III) will assist the Loan Review Manager (LRM) in the daily tasks of the Loan Review Department, specifically, the department’s responsibility to perf...
  • 4 Days Ago

C
Loan Review Manager
  • Crescent Search, Inc.
  • Baton Rouge, LA FULL_TIME
  • Responsibilities The Loan Review Manager will assist the Chief Loan Review Officer in the daily tasks of the Loan Review Department to perform commercial loan reviews. Review credit analysis Prepare r...
  • 1 Month Ago

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Loan Review Analyst - Lafayette, LA
  • DSLD Homes
  • Lafayette, LA FULL_TIME
  • Loan Review Analyst (Full-Time) - Lafayette, LAThe Loan Review Analyst will support one or more loan officers, typically in a branch environment.JOB DUTIES & RESPONSIBILITIESUpdate or correct data fro...
  • Just Posted

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Loan Officer
  • Louisiana Mortgage Associates
  • Charles, LA FULL_TIME
  • Loan Officer - Sales RepresentativeUS Financial Group Inc. is a Mortgage Broker offering conforming, subprime, VA, RD,and FHA loans statewide with locations in Lake Charles, Sulphur, Lafayette, and Ba...
  • Just Posted

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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

T
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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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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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...
  • 3/29/2024 12:00:00 AM

S
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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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

S
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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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

Louisiana is bordered to the west by Texas; to the north by Arkansas; to the east by Mississippi; and to the south by the Gulf of Mexico. The state may properly be divided into two parts, the uplands of the north, and the alluvial along the coast. The alluvial region includes low swamp lands, coastal marshlands and beaches, and barrier islands that cover about 20,000 square miles (52,000 km2). This area lies principally along the Gulf of Mexico and the Mississippi River, which traverses the state from north to south for a distance of about 600 mi (970 km)) and empties into the Gulf of Mexico; ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Loan Review Officer jobs
$54,163 to $79,502

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.
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Loan Review Officer in Indianapolis, IN
The major decisions are still decided upon by the commercial loan manager.
December 27, 2019