What are the responsibilities and job description for the Loan Review Specialist position at State Bank of Southern Utah?
At State Bank of Southern Utah, our core values define who we aspire to be each and every day. These values hold us accountable to each other and help us be the best version of ourselves. We look for candidates who find connection with our core values:
Make a Difference: We are actively engaged. We genuinely care. We are knowledgeable and find solutions.
Relationships Matter: We are committed to each other and our customers. We seek to understand, connect, and collaborate.
Live with Integrity: We are trusted to do the right thing. We take responsibility for our individual roles and actions.
Love What We Do: We are passionate and show up with enthusiasm. We are driven and continually look to improve.
Share Positivity: We lift each other. We interact with a positive and optimistic attitude.
Apply at State Bank of Southern Utah and be part of a team that lives by these values every day!
As a Loan Review Specialist, you will be integral to our lending operations, ensuring the accuracy and compliance of loan documentation throughout the loan lifecycle. Your role involves conducting thorough initial and post-closing reviews of loan documents, including underwriting, lien perfection, and regulatory compliance. You will also perform regular compliance monitoring and communicate findings to the Compliance Manager, escalating issues when necessary. Providing exceptional customer service through professional and responsive communication with internal employees is essential. Additionally, you will conduct periodic reviews of existing loans to maintain accurate risk ratings and support the continuous improvement of our loan documentation processes. This position is in-office and is not a remote work opportunity.
Essential Duties And Responsibilities
- Perform Initial and Post Closing loan reviews relative to credit policies and procedures. This includes reviewing underwriting, loan documentation, lien perfection and regulatory compliance.
- Perform periodic (daily, weekly, monthly, quarterly) compliance monitoring and communicate results to Compliance Manager, escalating issues as appropriate.
- Provide great customer service through friendly, professional, and responsive communication with internal employees.
- Perform quarterly and annual reviews of existing loans to ensure accurate risk ratings.
- Additional duties as assigned
Minimum Qualifications
- 1 years banking experience
- Bachelor's degree in accounting, business, or finance from an accredited four-year college or university
- Must pass a credit & background check
- High School Graduate or (GED)
- Must be at least 18 years of age
Preferred Qualifications
- 2 plus years’ experience working for a bank or financial institution
Skills
- Collaborate with and support colleagues and peers across the organization, while still being able to work independently when needed.
- Meet deadlines on assignments, manage multiple demands and work with all types of individuals within the organization.
- Initiative and ability to get things done and find solutions with practical application of regulations.
- Strong attention to detail.
- Ability to think critically.
- Proficient in Excel
- Ability to be discreet with employee and customer information
Full-time employees will be eligible to participate in the following benefits and programs:
- Medical Insurance & HSA
- Dental & Vision Insurance
- Basic Life, AD&D and Long-term disability insurance
- Supplemental life and AD&D options available
- 401K with employer match
- Annual Incentive Program
- Paid Time Off (PTO) accrual every pay period
- Up to 12 paid holidays per year
- Childcare reimbursement program
- Employee recognition program
- Monthly wellness activities
