Commercial Loan Review Officer jobs in Connecticut
Commercial Loan Review Officer performs reviews of bank's commercial loans to ensure compliance with established policies and credit standards. Reviews small loans of little complexity. Being a Commercial Loan Review Officer typically requires a bachelor's degree. Typically reports to a supervisor or manager. The Commercial Loan Review Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Review Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Commercial Loan Review Officer jobs
Commercial Credit Loan Review Manager
- Bankwell
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Canaan, CT
FULL_TIME
-
Description
About Bankwell:
Bankwell is a commercial bank with more than $3 billion in assets that serves the banking needs of businesses and individuals. At Bankwell, we pride ourselves on our unique ability to bring you high touch, high quality banking with the expertise and dedication of our experienced team of professionals. When it comes to business, our deep industry knowledge, flexibility and innovative treasury and financing services enable us to find the right solutions for our business and commercial clients. We’re passionate about giving back and are actively involved with many not-for-profit organizations that help shape and improve the lives of others. We’re dedicated to giving our time and talent to support the communities we serve. More about Bankwell can be found at www.mybankwell.com.
Summary Of Position
The Commercial Credit Loan Review Manager is responsible for overseeing the loan review process, ensuring the quality and soundness of the bank’s loan portfolio. This role involves evaluating the bank’s lending practices, assessing credit risk, and ensuring compliance with regulatory requirements and internal policies. This position will report directly to the Director of Credit and work closely with various departments to maintain the integrity of the bank’s lending activities.
Responsibilities Include- Conducting regular and systematic reviews of loan portfolios to assess credit quality and adherence to bank policies. Identifying and evaluating potential credit risks and recommending corrective actions.
- Analyzing credit risk and monitoring the performance of loan portfolios.
- Performing annual reviews of updated financial information and renewals of existing borrowing relationships. Monitoring past due reports, covenant compliance, borrowing base certificates, state financial reporting.
- Maintaining independence in determining loan review scope, communicating results, and identifying risk rating recommendations.
- Participating in efforts to ensure risk ratings are appropriate and providing training to lenders regarding risk ratings and problem loan identification and recognition.
- Ensuring all lending activities comply with applicable federal and state regulations.
- Working with internal and external auditors during examinations and reviews.
- Recommending and performing special reviews as dictated by the bank’s portfolio concentrations and/or local or national economic conditions and market trends.
- Providing detailed reports and insights on the credit quality of the loan portfolio to senior management and the Board of Directors.
- Collaborating with credit administration, lending officers, and other departments to address identified issues and improve loan quality.
Qualifications & Skills:- 7 years of experience in commercial lending, credit analysis, or loan review – with 3 years in a credit or loan review function with a commercial bank.
- Comprehensive understanding of commercial banking products, credit risk management, and regulatory requirements.
- Strong analytical skills with the ability to interpret complex financial data and identify trends and issues.
- Effective communication skills, both written and verbal, with the ability to present findings and recommendations clearly and concisely.
- Bachelor’s degree in Finance, Accounting, Business Administration, or related field; advanced degree preferred.
- Proficiency with Abrigo is preferred.
$125,000 - $150,000 - Just Posted
Commercial Credit Loan Review Manager
- Bankwell Financial Group Inc
-
Canaan, CT
FULL_TIME
- DescriptionAbout Bankwell:Bankwell is a commercial bank with more than $3 billion in assets that serves the banking needs of businesses and individuals. At Bankwell, we pride ourselves on our unique a...
- 1 Day Ago
Commercial Loan Officer
- New Silver
-
West Hartford, CT
FULL_TIME
- Commercial Real Estate Loan Officer (Specializing in Construction and Fix and Flip Lending)Location: Remote, available to any candidate who meets or exceeds criteria based in the USSalary: On target e...
- Just Posted
Loan Review Analyst Sr
- Liberty Bank - CT
-
Middletown, CT
CONTRACTOR
- At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepen...
- 1 Day Ago
Loan Review Analyst Sr
- Liberty Bank
-
Middletown, CT
FULL_TIME
- At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepen...
- 7 Days Ago
Senior Commercial Loan Administrator
- Webster Bank
-
Southington, CT
FULL_TIME
- If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
- Just Posted
Commercial Loan Review Officer jobs at Popular Companies
Ag & Commercial Loan Officer
- Iowa State Bank
-
Orange City, IA
- Job Type Full-time Description Lender responsible for making and servicing loan activity for (either/and/or consumer, ag...
- 6/2/2024 12:00:00 AM
Commercial Loan Officer
- Wayne Bank
-
Geneva, NY
- Job Description Job Description Duties: Manages a commercial loan portfolio in the designated service area, provides dir...
- 6/1/2024 12:00:00 AM
Commercial Loan Officer
- Central Bank of Oklahoma
-
Edmond, OK
- Job Description Actively calls on new and prospective customers, exploring needs and recommending bank products and serv...
- 6/1/2024 12:00:00 AM
Commercial Loan Officer
- Hudson Valley Credit Union
-
Poughkeepsie, NY
- Overview: Hudson Valley Credit Union is currently recruiting for the position of Commercial Loan Officer. Primary Functi...
- 5/31/2024 12:00:00 AM
Commercial Loan Officer
- Terrydale Capital
-
Dallas, TX
- Terrydale Capital is in need of a Commercial Loan Officer to join our growing team! We are actively searching for a dedi...
- 5/30/2024 12:00:00 AM
Commercial Loan Officer
- Frontier Credit Union
-
Idaho Falls, ID
- Job Type Full-time Description Position Overview: Solicits and services commercial loans and deposits. Builds and mainta...
- 5/30/2024 12:00:00 AM
Commercial Loan Officer
- Chain Bridge Bank, N.A.
-
McLean, VA
- Job Title: Commercial Loan Officer Department: Commercial Lending FLSA Status: Non-Exempt Reports to: SVP, Commercial Lo...
- 5/30/2024 12:00:00 AM
Commercial Loan Officer
- RIO BANK
-
McAllen, TX
- Job Description Job Description Overview Rio Bank is a South Texas owned and managed bank with a strong focus on persona...
- 5/29/2024 12:00:00 AM
About Connecticut
Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Review Officer jobs
$59,415 to $83,868
Most Popular Cities in Connecticut for Commercial Loan Review Officer Jobs
What does a Commercial Loan Review Officer do?
Commercial Loan Review Officer in Mcallen, TX
Communicate recommendations and credit risk management processes to the Loan Review Officer III that strengthens the organization and enhances overall supervision of lending methods and provides tools to continually measure effectiveness.
January 17, 2020
Commercial Loan Review Officer in Vincennes, IN
Evaluates quality of commercial loans and the assigned risk ratings indicating borrower’s financial strength and probability of loan repayment.
February 23, 2020
Commercial Loan Review Officer in La Crosse, WI
Commercial loan workers specialize in the commercial sector of lending, and have a slightly different job description than the loan officer—though responsibilities may be similar or exactly the same.
February 01, 2020