Loan Review Analyst

$60,000 - $80,000/Yr

York & Associates - Oklahoma City, OK

Full-time

Oklahoma City, OK

Professional, Scientific, and Technical Services

About the position

The Loan Review Analyst plays a crucial role in the financial health of the bank by ensuring that risks associated with the bank's loan portfolio are properly identified, quantified, and managed. This position is essential in the context of changing economic conditions and their impact on the bank's customers. The primary responsibility of the Loan Review Analyst is to conduct thorough analyses of financial data, records, documents, and other relevant information to perform comprehensive annual loan reviews of complex commercial lending relationships, as well as individual commercial loans. The analyst will recommend appropriate grades or risk ratings for each loan based on their findings. In addition to loan reviews, the Loan Review Analyst will assist in identifying Troubled Debt Restructurings and calculating loan impairments. This role requires a keen understanding of financial statements, tax returns, and other documentation to assess the financial condition, repayment capacity, and future prospects of borrowers. The analyst will also review loan and collateral documentation to verify current statuses and identify any discrepancies. Evaluating borrowers' loan performance and compliance with loan agreements is another critical aspect of this position. The Loan Review Analyst will conduct ongoing monitoring of financial information to identify trends and assess the impact of changes in the economic landscape. Interaction with customers is also a key component, as the analyst will need to obtain necessary financial statements and other information. The position reports directly to the SVP, Commercial Credit Officer, and may involve additional duties as assigned.

Responsibilities

• Analyze financial statements, tax returns, and other information to determine the financial condition, repayment capacity, and future prospects of borrowers.
• Review loan and collateral documentation to verify the current status and identify any discrepancies.
• Evaluate borrowers' loan performance and compliance with loan agreements.
• Assess collateral position and risk.
• Conduct research and verify information from both internal and external sources.
• Write reports and substantiate findings based on analysis.
• Monitor financial information on an ongoing basis to identify trends and assess the impact of changes as they occur.
• Interact with customers to obtain financial statements, tax returns, and other necessary information.
• Perform other duties and responsibilities as assigned.

Requirements

• One or more years of experience in commercial loan review, commercial credit analysis, commercial lending, or a related field.
• Comprehensive understanding of financial statements, income tax returns, accounting principles, credit reports, loan documentation, title matters, lien perfection, and collateral.
• Proficient in computer skills, research, analytical thinking, and communication.
• Knowledge of applicable laws, rules, regulations, and compliance standards.
• Responsive, attentive to details, and thorough, with a strong commitment to accuracy.
• Curious mind with an inquisitive nature.
• Strong organizational, planning, and time management skills with a demonstrated ability to manage competing priorities and follow through on commitments.
• Adaptable to changing situations and requirements.
• Good interpersonal skills, team player, and committed to forging positive and trusting working relationships with coworkers, customers, and professional service providers.

Nice-to-haves

• A Bachelor's degree in finance, accounting, or another business discipline.