Job Information

Generations Bank Loan Review Analyst in Rogers, Arkansas

This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4382854

Loan Review Analyst

The Loan Review Analyst will complete quality control post loan closing reviews on all loan files. This employee is expected to adhere to all company policies, procedures, and regulatory banking requirements. Actively communicates matters of potential audit or compliance risk to Director of Loan Operations.

What Makes Generations Bank Different?We prioritize a diverse and talented group of people who are encouraged to bring their full self to work. We are committed to a common goal, serving our community. Our four core values are more than words, they\'re at the heart of everything we do. We believe a team with a strong culture and unified purpose is better in the long run.

Core Values:

Accountability: We believe our work commitments should be done fully, and lending a hand to fellow team members isn\'t optional.

Relationships: We believe when we treat our team and customers with humility, dignity, and pride we reach our highest potential.

Communication: We believe in proactively sharing ideas and information.

Stewardship: We believe each team member should care for our assets and opportunities as if they were their own.

If you share a common vision in our culture and core values, we encourage you to apply.

What Does a Loan Review Analyst Do?The responsibilities listed below are representative of the knowledge, skill, and/or ability to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

  • Review all loan files for adherence to bank policy and ensure compliance requirements are met.
  • Review all documents for accuracy, signature, and proper collateral perfection. Confirm all documents are present and correctly executed.
  • Review entity documentation to understand business structure and authorized signers.
  • Ensure timely and proper filing of various collateral documents including mortgages, UCCs, and motor vehicle liens. Ensure other perfection items such as pledge agreements, holds, etc. are received.
  • Review tracking for trailing exceptions, financial requirements, and covenant monitoring as well as loan policy exceptions.
  • Review insurance information on existing files.
  • Review core for completeness and rout corrections to servicing staff (Customer level, loan level, collateral level)
  • Communicate with loan officers and loan assistants concerning review process and requirements.
  • Provide review findings to Director of Loan Operations and share recommendations for improvement/accountability.
  • Perform compliance review on adverse actions.
  • Complete HMDA worksheets on all applicable loans and collaborate with compliance department as needed.
  • Review CIP and OFAC documentation in all files.
  • Serve as point of contact for e-OSCAR corrections and respond to credit disputes.
  • Complete audits of existing loans to ensure completion. Follow up on aging exceptions.
  • Assist with the creation and updates to training manuals; Maintain audit checklists and accountability.
  • Review and monitor loan maintenance reports checking for proper documentation.
  • Audit participations to ensure they are in balance.
  • Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company.
  • Maintain knowledge of loan policy, underwriting guidelines, and compliance requirements

Additional information

  • This is a full-time, non-exempt (hourly) job.
  • The hours for this role are 8:00-5:00, M-F.
  • As a community bank, Generations is deeply invested in our community! Beyond the teller area, this role will have opportunities for commun ty outreach/involvement.

Environment and Physical Activity

The Loan Review Analyst is located primarily at either the teller window or teller counter - a non-confined office type setting in which they are free to move about at will. While performing this position, spends time writing, typing, speaking, listening, lifting (up to twenty-five pounds), carrying, seeing (such as close, color and peripheral vision, depth perception and adjusts focus), sitting, pulling, walking, standing, squatting, kneeling, and reaching.

The Loan Review Analyst may operate any or all the following: telephone, smart phone, copy machine, adding machine (calculator), scanner and image systems, scanning equipment, computer terminal, laptop, personal computer, tablet, printers, or other office equipment as directed.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Mental Demands. The Loan Review Analyst must be able to read documents or instruments, deta