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First Mid · 2 days ago

Loan Review Manager

Effingham, IL

Full-time

Onsite

Senior Level

5+ years exp

First Mid is a financial institution focused on providing comprehensive banking services, and they are seeking a Loan Review Manager to oversee the loan review function and assess credit risk. The role involves managing the loan review team, ensuring accurate credit analyses, and providing guidance on loan modifications and risk management.

BankingFinanceFinancial ServicesInsurancePersonal FinanceWealth Management

Responsibilities

Manage the loan review function to ensure credit analyses are correct and risk ratings are supported as well as the scopes established by the Board of Directors are achieved

Plans, assigns, and monitors all loan reviews for the department to ensure all work is completed in an efficient, timely, and effective manner

Serves as the resource to internal customers for loan review work

Manage the issue tracking piece of the AuditBoard system associated with internal loan reviews

Assist in updating the loan review policy each year to provide the necessary changes based on regulatory guidance

Manage the loan review team, hold regularly scheduled 1:1 meetings and schedule departmental meetings to provide necessary updates and training to ensure appropriate career development

Manage the completion of monthly and quarterly reports for presentation to the Loan Administration Committee and Board of Directors

Complete the monthly analysis on the Impaired relationships, including collateral analysis, while working with the Special Assets team

Attend the monthly Special Assets Committee meetings and the Loan Administration Committee meetings and discuss the Risk Management sections when the Director of Credit Risk Management is absent

Manage the process and provide guidance on incoming upgrade and downgrade requests from lending and Special Assets personnel as needed

Provide guidance to lending personnel related to designation of loans as loan modifications, inclusion as or removal from non-accrual status, and determining proper timing and amount of charge offs

Assist in managing the relationship with outside partners engaged in assisting in the completion of the loan review work, if applicable, and provide assistance to the independent auditors and federal regulators when required

Develop appropriate training materials for lending personnel to facilitate adherence to regulatory requirements and internal policy

Participate in the assessment of credit risk during due diligence exercises conducted as part of potential merger and acquisition activity

Complete required training associated with job function

Qualification

Credit underwriting knowledgeAnalytical skillsManagement experienceMicrosoft Excel proficiencyCommunication skillsSelf-managementOrganizational skillsCritical thinkingProblem solvingInterpersonal skillsNegotiation skillsIntegrityRelationship buildingLeadership skills