This position is responsible for timely identification and reporting of risk in the loan portfolio to the Board of Directors, Chairman of the Audit Committee, and Chairman/CEO. This includes recommending risk rating changes for loans and identification and reporting of any sectors in the loan portfolio where elevated risk is identified or perceived. This position is encouraged to use a risk focused approach in discharging the responsibilities delegated. Focus for this position may change based on economic conditions, current trends in past due and non-performing loans, level of non-accrual loans, and directives issued by the Board of Directors, Chairman of the Audit Committee, or the Chairman/CEO.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Analyze loan portfolio quality and monitor trends; report on same. Recommend rating changes, as needed, to individual credits based on analysis.
Review and analyze sufficiency of credit administration, underwriting practices, and file documentation.
Recommend rating system and changes, as necessary, to meet changes in regulatory and accounting guidance.
Conduct specific reviews at the direction of the Board of Directors, Chairman of the Audit Committee, or Chairman/CEO.
Maintain work papers and document files to provide adequate audit trail and support for conclusion.
Attend weekly senior loan committee meetings to remain aware of managements handling of overdrafts, past dues, and credits over ninety days past due and still accruing. Provide monthly reports of recommended downgrades and documentation of exceptions to the senior loan committee.
Attend meetings of the audit committee and present various reports.
Annual review of credit relationships, as required by loan policy.
Comply with all banking regulations, policies and procedures.
NON-ESSENTIAL DUTIES & RESPONSIBILITIES include the following. Other duties may be assigned.
Maintain education and professional expertise through attendance at job related seminars, conferences and workshops.
Directly supervises assigned employees and performs administrative duties associated with staff management (e.g., trains employees, delegates work and ensures the completion of same, prepares and publishes work schedule, reviews and approves timesheets, coaches and counsels employees, prepares performance evaluations and conducts evaluation meetings, conducts staff meetings, makes salary and promotional recommendations, participates in recruitment, interview, and hiring process, administers progressive discipline, takes action regarding departmental activities and staff, approves/disapproves requests for leave time, notifies employees of mandatory training and bank meetings). Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Possess a four-year college degree from an accredited university or institution with the major area of study in business administration, accounting, finance or other closely related field.
Possess a minimum of seven years of professional experience in loan review, regulatory examinations, or commercial lending.
Ability to read, analyze, and interpret complex documents. Ability to respond effectively to sensitive inquiries or complaints. Ability to write presentations and reports with clarity and thoroughness. Ability to make effective and persuasive presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.,) in complex contexts. Ability to deal with a variety of abstract and concrete variables.
OTHER SKILLS AND ABILITIES
Must have the ability to operate the following equipment: telephone, 10-key calculator, personal computer and printer, copy machine, multi-drawer file cabinet, fax machine. Advance PC capability required. Must have working knowledge of spreadsheet, word processing, presentation and database software.
KEY CONTACTS -- Internal and External
Extensive contact with senior management and Chairman of the Audit Committee. Has frequent contact with lending officers regarding lending policies and practices. This position has direct lines of communication with the Chairman/CEO, senior loan committee, senior lending staff, and audit committee of the Board of Directors.
Has moderate contact with external auditors regarding best practices recommendations, audit document requests and questions. Has moderate contact with regulators regarding examination progress, exceptions, and recommendations.
CERTIFICATES, LICENSES, REGISTRATIONS
Valid driver's license.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is occasionally exposed to outside weather conditions. The noise level in the work environment is usually moderate.
Position may require some overnight travel to attend various training or educational programs. Position requires the ability to work before and/or after normal business hours.