Loan Review Officer I Job Listing at Valley Bank in Morristown, NJ (Job ID 24-1019)

Description

Responsibilities include but are not limited to:

• Perform independent assessment of credit to determine quality of underwriting, administration and problem loan management.
• Evaluate the accuracy of loan officer risk ratings; assigning and supporting more suitable risk ratings where appropriate.
• Assess the adequacy of loan and collateral documentation.
• Test loan officer compliance to Bank policies/procedures.
• Test for compliance to any applicable federal laws/regulations.
• Assess management supervision; determine sufficiency of credit risk management processes.
• Prepare detailed opinions through written/oral communications, reports and dashboard summaries to support exam findings.
• Identify existing and emerging risk trends within portfolios; providing suggestions/recommendations for improvement.
• Track issues identified in reviews and ensure action plans are developed to address and mitigate.
• Interact with and support other credit related functions within the Bank.
• Assist in the preparation of regulatory reports as directed.
• Participate in due diligence activities of potential acquisitions as required.
• Will typically work on site and at remote locations as deemed necessary to complete work assignments.