Commercial Loan Review Analyst

Independent Bank Corporation East Lansing , MI 48825

Posted 4 months ago

The Senior Loan Review Analyst is to use their independent judgment to assess the level of risk in individual commercial loans and to assess compliance to Loan Policy. This assessment includes the following:

  • Validate that risk ratings of assigned credits are correct according to the policies, practices and definitions in effect.

  • Analyze the financial strength of assigned credits in relation to adequacy of cash flow, leverage, collateral and loan structure.

  • Assess the quality of underwriting, compliance and credit administration with bank policies, practices and procedures.

  • Review loan documentation for proper perfection and identify violations of approval requirements, loan policies, and prudent lending guidelines.

  • Examine potential operational risk by identifying deficiencies in exception management, construction monitoring, collateral/covenant monitoring, and other key control processes.

  • Communicate with Loan Officers, Group Managers and Credit Officers any changes in risk rating and to discuss any issues arising from the review of the credit.

  • Coordinate and lead various scheduled group reviews

  • Assist the Director of Loan review in the scheduling and completion of the department review schedule.

  • Assist with compiling monthly and quarterly reports for Senior Management.

  • Attend Credit Quality and Loan Committee meetings if so assigned

  • Perform other duties as assigned.

EDUCATION:

Bachelor's degree in Finance, Accounting, or Business preferred.

SKILLS & EXPERIENCE:

  • 5+ years of commercial underwriting or Loan Officer, or Loan Review experience preferred.

  • Excellent oral and written communication skills and attention to detail.

  • Must be proficient in MS Office and Excel.

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Commercial Loan Review Analyst

Independent Bank Corporation