Credit Review Analyst II

Summary of Work

Are you ready to make an impact in risk management and compliance? We’re seeking a Credit Review Analyst II to conduct vital reviews of new loan originations and specific programs, identifying potential risks and providing actionable recommendations. You’ll prepare insightful reports for our lending team and management while ensuring compliance in student lending.

In this collaborative role, you’ll lead initiatives to enhance credit risk management and champion our culture of innovation. If you’re passionate about driving change and improving processes, we want you on our team!

Loan Review Function: 

• Completion of loan reviews targeted at new loan originations, specific loan programs, portfolio segments, and the overall workflow of lending and credit administration functions.  Test work requires knowledge of:
  • Loan risk ratings
  • Underwriting standards and examining strength and quality of financials
  • Lending core system knowledge in verifying accuracy of loan data
  • Ensure adherence to loan policy, procedures, and regulations
  • Loan documentation and loan approval requirements
• Determination of errors or weaknesses in credit administration within loan files reviewed that could cause loan loss and provide recommendations and or solutions to problems identified.
• Assist in the preparation of various loan review reports to lending staff, management, and the Advisory Board to ensure the level of risk of findings are identified, escalated to the proper party, with follow up completed on issues as required.
  Complete and report on Student Lending test work that includes auditing for compliance of underwriting guidelines and analyzing for additional risk and appropriateness of student loan guidelines and procedures.
• Complete reviews and assist to provide recommendations on BND Risk Based Collateral Inspections for Letters of Credit Pledged – Public Deposits for BND Correspondent Financial Institutions to ascertain adherence to program parameters.

Other Credit Review Functions: 

• Complete any additional validation testing to confirm issues are resolved.
• Position includes obtaining various loan portfolio data and / or statistical reports thru sophisticated report writing software.
• Provide reports to Stonehill on a monthly and quarterly basis for residential real estate loans to determine compliance with state and federal regulations. 
• Position includes completing Tier I and Tier II sampling of loans to be used by Credit Review for:
  • Initial Loan Review 
  • Post Fund Review
  • Target Review  

Leadership Functions:

• Credit Review staff are expected to be BND’s loan documentation experts and are often the source of loan funding guidance and recommendations for BND lending staff.
• Complete research and special projects as assigned and participate in or lead collaborative efforts of BND process improvement initiatives pertaining to credit risk management.  
• Position includes collaboration with other Risk Management and Lending staff to provide and implement opportunities and synergies where appropriate.
• Champion BND’s Culture – Learn, understand, and assist in the evolution of BND’s Innovative cultural efforts.
• Idea Generator – Assist in being curious and innovative by participating and developing ideas through building relationships with business partners.

Minimum Qualifications

This position requires a bachelor’s degree with a major in a business, finance or closely related field and three years of credit review analysis or applicable bank-related work experience. The hiring agency, at its discretion, may substitute years of related professional work experience for the education requirement. Direct years of experience may carry more weight than indirect banking experience.