Loan Reviewer

Responsibilities:
Perform reviews of commercial, business, residential and consumer loans to determine possible loss in the portfolio. Analyze loan concentrations by borrower, industry, and type to identify possible problems that may result in loss to the Company. Prepare monthly Allowance for Loan Loss Schedules as required by Financial Reporting. Analyze the general ledger and issue a monthly report detailing charge-offs, recoveries, and losses by product type of loan. Prepare monthly reports and analyses: Net Loan Charge-off by Category, Loan Composition, Status Report of Loans Sold with Recourse, and the Business Loan Review Schedule. Perform a review of the Company’s mortgage derivative securities portfolio. Review and prove classified assets reports. Evaluate the valuation allowance for individual loans to ensure that adequate reserves are applied for possible losses and allowances are in compliance with Company policy.

Qualifications:
- 2 – 3 years commercial loan review experience preferred;
- Bachelor’s degree with a major in Accounting or related discipline preferred;
- Knowledge of Federal lending policies as they relate to lending;
- Good oral, written, and communication skills;
- Computer literate.

Locations:
Lake Success

Salary:
$40K - $49K