Loan Review Officer Job Waltham area,Massachusetts USA,Finance & Banking

Mason West LLC was founded in 2012 with our core industry focus being Banking, Financial Services, Insurance, Accounting, Finance & Legal
. As a leader in the executive search industry, we take pride in our partnerships and strive to deliver the recruiting and human capital expertise you deserve.

Our depth of experience and dedication to the process of executive search combined with delivering unparalleled results for our clients and candidates is the formula to a winning long term solution. Our focus is on attracting the right talent to help our client's business succeed while delivering searches on a national basis.

Job Description

Mason West is currently searching for an experienced Loan Review Officer for one of our banking clients near Waltham, MA.

The loan review function at our banking client oversees and conducts the independent loan review process across the company, which is designed to:

Promptly identify loans having potential credit weaknesses so that timely corrective action can be taken to minimize losses.
Assess relevant trends that may affect collectability.
Provide information to assess the adequacy of the Allowance For Loan & Lease Losses (ALLL).
Assess the adequacy of and adherence to internal loan policies.
Evaluate the activities of lending personnel especially as it relates to thorough and complete underwriting, early detection of problem loans, and knowledge of his or her loan portfolio.
Provide management and the board of directors with objective, accurate, and timely information of the quality of the portfolio.

Essential Duties:

Under the direction of the Director of Credit Review conduct independent credit reviews of loans and portfolios in accordance with the annual plan.

Ensure that loan reviews done on individual loans analyze credit quality; sufficiency of credit and collateral documentation; proper lien perfection; proper approval by the loan officer and loan committees; adherence to any loan agreement covenants; and compliance with internal policies and procedures and laws and regulations; and the appropriateness and timeliness of identification of problem loans by loan officers.

Prepare information reports to assist senior management in risk related matters as needed.

Participate in risk discussions throughout the banks such that current review work is part of the banks’ dialogue on risk appetite.

Perform other duties as requested or directed.

Qualifications:

Formal credit training or equivalent experience is preferred.
At least 5 years of credit review and / or related credit work at similar sized and/or larger institutions.
Awareness of sound lending practices and basic regulatory requirements covering extension of credit and managing credit risk.
Curiosity and analytic sensibility.
Excellent written and oral communication skills.
Proficiency in Microsoft Word, Excel and PowerPoint.
Diplomacy and tact.
Position will require frequent traveling.
Bachelor’s degree in relevant field.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Job Location #J-18808-Ljbffr


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