Loan Review Analyst

Loan Review Analyst

The Loan Review Analyst will complete quality control post loan closing reviews on all loan files. This employee is expected to adhere to all company policies, procedures, and regulatory banking requirements. Actively communicates matters of potential audit or compliance risk to Director of Loan Operations.

What Makes Generations Bank Different? We prioritize a diverse and talented group of people who are encouraged to bring their full self to work. We are committed to a common goal, serving our community. Our four core values are more than words, they're at the heart of everything we do. We believe a team with a strong culture and unified purpose is better in the long run.

Core Values:

Accountability: We believe our work commitments should be done fully, and lending a hand to fellow team members isn't optional.

Relationships: We believe when we treat our team and customers with humility, dignity, and pride we reach our highest potential.

Communication: We believe in proactively sharing ideas and information.

Stewardship: We believe each team member should care for our assets and opportunities as if they were their own.

If you share a common vision in our culture and core values, we encourage you to apply.

What Does a Loan Review Analyst Do? The responsibilities listed below are representative of the knowledge, skill, and/or ability to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Review all loan files for adherence to bank policy and ensure compliance requirements are met.
• Review all documents for accuracy, signature, and proper collateral perfection. Confirm all documents are present and correctly executed.
• Review entity documentation to understand business structure and authorized signers.
• Ensure timely and proper filing of various collateral documents including mortgages, UCCs, and motor vehicle liens. Ensure other perfection items such as pledge agreements, holds, etc. are received.
• Review tracking for trailing exceptions, financial requirements, and covenant monitoring as well as loan policy exceptions.
• Review insurance information on existing files.
• Review core for completeness and rout corrections to servicing staff (Customer level, loan level, collateral level)
• Communicate with loan officers and loan assistants concerning review process and requirements.
• Provide review findings to Director of Loan Operations and share recommendations for improvement/accountability.
• Perform compliance review on adverse actions.
• Complete HMDA worksheets on all applicable loans and collaborate with compliance department as needed.
• Review CIP and OFAC documentation in all files.
• Serve as point of contact for e-OSCAR corrections and respond to credit disputes.
• Complete audits of existing loans to ensure completion. Follow up on aging exceptions.
• Assist with the creation and updates to training manuals; Maintain audit checklists and accountability.
• Review and monitor loan maintenance reports checking for proper documentation.
• Audit participations to ensure they are in balance.
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company.
• Maintain knowledge of loan policy, underwriting guidelines, and compliance requirements

Additional information

• This is a full-time, non-exempt (hourly) job.
• The hours for this role are 8:00-5:00, M-F.
• As a community bank, Generations is deeply invested in our community! Beyond the teller area, this role will have opportunities for community outreach/involvement.

Environment and Physical Activity

The Loan Review Analyst is located primarily at either the teller window or teller counter - a non-confined office type setting in which they are free to move about at will. While performing this position, spends time writing, typing, speaking, listening, lifting (up to twenty-five pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusts focus), sitting, pulling, walking, standing, squatting, kneeling, and reaching.

The Loan Review Analyst may operate any or all the following: telephone, smart phone, copy machine, adding machine (calculator), scanner and image systems, scanning equipment, computer terminal, laptop, personal computer, tablet, printers, or other office equipment as directed.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Mental Demands. The Loan Review Analyst must be able to read documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks, and constant interruptions.

What Are The Requirements? These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

BASIC QUALIFICATIONS - you must have these to be considered for this role:

• Bachelor's degree and/or 3 or more years of experience in loan operations.
• Ability to perform the essential functions and physical demands of the job as listed above.
• Current driver's license and a vehicle with appropriate insurance coverage if required to drive while performing assigned duties and responsibilities.

PREFERRED QUALIFICATIONS - you will stand out if you have these:

• Bachelor's degree in accounting, finance, or business administration.
• Loan compliance training.
• Experience using FLO, Horizon, Teslar
• Proficiency in Microsoft Office
• High level of attention to detail
• Problem-solving aptitude
• Strong time management skills
• An understanding of, and an enthusiasm for demonstrating the Generations Bank Core Values (Accountability, Relationships, Communication, and Stewardship).
• Effective communication skills - speaking, listening (active), and written.
• Professional appearance and demeanor
• Customer-focused
• Teamwork orientation and an interest/capacity in cultivating strong working relationships.
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Resilience to work in a fast-paced environment, friendly, positive "can do" attitude, and calmness under pressure.

Why Should I Apply?

• Competitive Wages
• Comprehensive and affordable medical, dental and vision benefits
• Paid time-off program
• Company-paid bank holidays (11 annually)
• 401(k) with Company Match
• Company-paid Basic Life Insurance
• Company-paid Short-Term Disability
• Employee Assistance Program
• Paid Maternity and Paternity Leave
• Training and Advancement opportunities
• Company-sponsored volunteer opportunities

Pay Transparency Nondiscrimination Provision: Generations Bank will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty of the contractor to furnish information.

We comply with the ADA and consider reasonable accommodation measures that may be necessary for eligible applicants/employees to perform essential functions.

Generations Bank is an affirmative action and equal opportunity employer and adheres to EEO Guidelines to offer employment without regard to race, color, religion, marital status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability, veteran status, or any other basis. All qualified applicants will receive equal consideration for employment.