Loan Review Manager

At Liberty, we are proud to integrate our Diversity, Equity, and Inclusion (DE&I) throughout all functions and areas of the Bank to maximize our impact and exceed goals. We believe deepening our DE&I strategies in the workplace and communities we serve creates a much better place to work for our teammates and a safe place where our customers are connected and supported.  We take pride in promoting a socially responsible and sustainable future through initiatives and investment.  SUMMARY OF THE JOB:  Reporting to the Board of Directors, Credit Risk Committee and Chief Credit Risk Officer, the incumbent is responsible for providing management and the Credit Risk Committee with objective and timely data on loan portfolio quality and recommendations for addressing identified credit weaknesses.  This is completed via an independent quality review of the Bank's commercial loan portfolios and lending practices to assist in controlling credit risk. ESSENTIAL FUNCTIONS: The Loan Review Manager (SVP Officer Title) establishes and maintains an independent loan review system that monitors and analyzes composition of the Bank's commercial loan portfolio to identify any deterioration of loan quality, potential problem loans, exceptions to loan policy, concentrations of credit, and documentary deficiencies ensuring front-line business units adhere to all applicable credit policies, procedures, and processes including regulatory requirements. Individual credit file reviews are completed on a risk-based sampling of commercial loans in aggregate of $1,000,000 and selected loans under $1,000,000 on an 18–21-month cycle.  Provide credit risk management exception findings.  Recommends practices and procedures to address findings.  Present loan review findings (with management’s response) of commercial lines to Directors’ Credit Risk Committee.  The Loan Review Manager oversees the risk-rating system, evaluating risk grades to insure it is both accurate, current and effectuated on the Core loan servicing system. Regulates the risk ratings if credit quality warrants. Prepares and submits recommendations to Chief Credit Risk Officer for revisions and adjustments to lending policy and procedures. Prepares and submits quarterly update (trends) and assessment report of the commercial portfolio to the Directors' Credit Risk Committees and annual Loan Review Policy to the Board of Directors. Participates in Credit and Directors' Credit Risk Committee meetings presenting information on loan portfolio. Provides external auditors and examiners with reports of loan review findings and risk rating migration controls. Loan Review       1.Performs on-going review of commercial loan portfolio to identify potential credit problems, exceptions to policy, and other documentation deficiencies. Risk Ratings        2.Recommends adjustments to risk ratings and changes to loan policy and procedures when loan conditions warrant.  Oversight of Risk Rating Assessment System. Reporting            3.Prepares complete reports of loan portfolio composition which accurately reflect loan portfolio quality.  Prepare quarterly trend report of commercial portfolio via Update & Assessment Report.  Support CCRO with Reg O reporting. Committee Participation 4. Participates in and presents findings to Loan and Audit Committees which accurately summarize loan review findings.  Attend Credit Risk Committee and Special Asset meetings and other meetings as required by the CCRO. SECONDARY FUNCTIONS: Oversight monthly monitoring: Past dues, Resort Audits, Construction loans. Resource to business lines and loans servicing for policy compliance. Develop and maintain an effective working relationship with supported front-line business units providing technical guidance related to credit policies, procedures, processes, or methods.   Minimum knowledge/skills: Bachelor’s degree in business administration or relevant area of study or equivalent work experience. 7 to 10 years of related work experience Knowledge of commercial credit underwriting, commercial loan documentation and experience with legal and regulatory compliance required. Prior experience in credit analyses and or lend required Prior loan review experience required. PHYSICAL REQUIREMENTS:  General Office Equipment Keyboard Dexterity Prolonged Sitting COMPLIANCE: Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.   Liberty Bank is an Equal Opportunity employer.  It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.   #LIHybrid

Salary : $1,000,000