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Berkshire Bank99 North St
PITTSFIELD, MA 01201
Website:berkshirebank.com
Company Description:
TO APPLY FOR THIS POSITION YOU MUST GO TO
WWW.BERKSHIREBANK.COM/CAREERS.
If you would like to be a part of an organization which strives to provide an environment within which employees want to work and customers want to bank, contact us and join a team that shares your vision.
| Job Title: | |
| Loan Review Associate | |
| Salary Range: | Location: | Pittsfield |
| Job Type: | Category: | Full Time | Banking |
| Education Level: | Work Experience: |
| Some High School Coursework | |
| Description: | |
| Division: Risk Management Department: Loan Review Reports to: VP, Loan Review Status: Exempt Grade: 8 Location: Any Major Berkshire Bank Location Purpose/Objective: Perform loan reviews of existing commercial loan relationships for credit quality, risk assessment and credit administration. Loan Review ensures the credit worthiness of the commercial loan portfolio. The Loan Review Associate consults with loan officers and lending personal, along with providing either the FVP – Loan Review Manager or VP – Loan Review Officer timely, objective assessment of the credits reviewed. Key Accountabilities: Accountable for preparing a loan review summary by analyzing credit data and financial statements to determine the degree of risk involved in credits. Confer with loan officers and other business representatives to more fully analyze credit information. Review completed loan presentations, including analyzing credit and determining risk rating of credit. Prepare loan review summary to analyze cash flow, collateral tables, and any other financial metric required in order to determine the risk rating of a relationship. Review commercial customer files to identify potential loans to be transferred to the special assets group. Compare liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations. Assumes additional duties and responsibilities as necessary to ensure department objectives are met. Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties. Mentors the Loan Review Analyst. | |
| Requirements: | |
| Education: BS degree in Accounting or Business or equivalent work experience On-going education in commercial lending/loan review Experience: 1 + years experience as a credit analyst or risk analyst of a steadily growing commercial portfolio, Skills & Knowledge: Strong analytical and organizational skills Working knowledge of computer programs such as Excel and Word Strong written and verbal communication skills Knowledge of Loan Documentation and Security Interest Perfection | |