Loan Review Analyst

• For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

Core Responsibilities/Activities 

Comprehensive Loan Reviews

• Assess the sufficiency of credit underwriting and portfolio monitoring functions, performance covenants, collateral metrics and other monitoring guidelines and trigger events. Ensure all credits are completed in compliance with the Bank’s lending policies, procedures, and regulatory guidelines.
• Evaluate borrower financial performance through the assessment of financial statements and credit risk metrics, including income statement, cash flow statement and balance sheet analysis.
• Review Legal Documents (Loan Agreements, Security Agreements, etc.) to Credit Approval Packages to verify that all approved loan parameters have been accurately recorded.
• Evaluate the financial performance against all base and stress-scenario financial projections as required.
• Determine the accuracy of internal risks ratings; recommend, document and fully support any recommended changes based upon your evaluation.
• Use knowledge of industry best practices, regulatory requirements and professional experience to identify deficiencies and/or areas of improvement in the Bank’s risk management processes, procedures and policies.
• Draft potential review issues for discussion with the Head of Loan Review, Credit Risk Management,  front office, middle office, audit and Loan Review colleagues. Maintain in-depth knowledge of all policies and procedures related to lending, underwriting, credit, and problem loan monitoring. Proactively recommend changes to the Bank’s policies and procedures as needed.
• Periodically follow-up on open reported observations as part of each segment review; review, validate  and secure documentation for closure purposes.

Risk Grade Changes on Existing Facilities

All credit facilities must be reviewed and assigned risk ratings based on the strength of the borrower and its repayment capacity. To ensure risk ratings are reflective of the current financial condition, all changes in risk ratings must be challenged by the LRD.

Notification of Potential Problem Forms (NOPPs)

NOPPs are prepared when Bank personnel become aware of a potentially negative situation with one of their borrowers. Situations of this nature may cause the account to be downgraded or suffer some other negative action. Loan Review receives, reviews, processes, and logs all NOPP Forms received. 

Other Responsibilities

• Assist in the preparation and periodic updates to the Risk Assessments for assigned portfolio segments to accurately document Loan Review’s current view of the quantity, quality and direction of risk in the Bank’s loan portfolio. 
• Maintain effective contact with front office, credit, audit and compliance colleagues, and utilize third-party resources and professional networks, to provide as accurately and timely an assessment as possible.
• Perform Continuous Monitoring reviews on assigned portfolio segments to enhance the early detection of credit risk in the Bank’s loan portfolio and enhance Loan Review’s Risk Assessment process.
• Maintain in-depth knowledge of assigned portfolio segments as assigned.
• Maintain in-depth knowledge of all policies and procedures related to lending, underwriting, credit, and problem loan monitoring.
• Assist in the preparation and completion of the department’s Annual Business Plan
• Assist the Head of Loan Review with various departmental reporting requirements
• Perform ad-hoc/ancillary projects in support of the overall Loan Review function.  Maintain a thorough understanding of the bank’s compliance rules and regulations. 
• Assist the Head of Loan Review in various functions, including liaison activities with Federal and State Banking Regulators, as well as internal and external auditors.  Compile and provide information as requested by examiners and auditors.

#LI-Hybrid

Educational and Professional Credentials:

Bachelor’s degree in Finance, Accounting, or Economics or equivalent corporate banking work experience with postgraduate business degree or certification a plus.

• 3+ year’s financial institution, bank, rating or U.S. bank regulatory agency experience  with formal credit training a plus.
• Experience should include progressive responsibilities, including, project management and self-management of simultaneous work-streams and responsibilities.

Knowledge and Skills:

This position requires an individual with a strong credit analysis background covering corporate borrowers across various industry segments.

• Experience with underwriting, portfolio management, lending, loan review or credit risk.
• Experience with a variety of commercial loan products and industries.
• Understanding of credit processes, such as loan origination and underwriting; portfolio management and CECL.
• Ability and willingness to articulate verbal, well-written, and supported loan review. opinions, including those divergent from 1st and 2nd Lines of Defense, formally and informally, in a variety of formats and settings (interviews, meetings, calls, e-mails, reports, process narratives, presentations, etc.).
• A self-starter who can prioritize multiple tasks, be resourceful with an ability to research and find solutions.
• Collaboratively work with the team and 1st and 2nd Line of Defense stakeholders.
• Capacity to manage competing project priorities, diverse workload, work independently, accept accountability and demonstrate initiative.
• Strong interpersonal skills, strong work ethic and self-motivated.
• Proficient in applying risk management standards, techniques and methodologies.
• Knowledge of U.S. regulatory environment and emerging risks.
• Passionate about meeting goals, and helping the team succeed.
• Prior experience with risk ratings, risk rating methodology, and allowance methodology would be a plus.

Compensation

The expected annual salary for this position is between $130,000 and $150,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

• Those with a known mental or physical disability.
• Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
• Victims of domestic violence, sex offenses or stalking.
• Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee’s request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

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

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.