PRIMARY PURPOSE OF JOB

The Loan Review Analyst is responsible for reviewing loans to ensure that acceptable credit standards are maintained and that loans conform to established company policy.

EXPECTATIONS OF ALL SOUTHERN BANK TEAM MEMBERS

• Southern Bank team members are a family, rooted in the communities we serve and working together to be the best in our industry, utilizing innovative ideas and strong products. The Southern Bank Patch illustrates these ideals.
• Ensures the confidentiality of customer non-public personal information and secures information systems to comply with bank regulations.

ESSENTIAL FUNCTIONS AND PERFORMANCE AREAS

• Conduct a systematic review of commercial, installment and mortgage loans to determine adequacy of documentation;
• Assess the adequacy and adherence to internal loan policies and loan administration procedures;
• Verify proper approval, covenant compliance, financial data analysis and documentation review for credit worthiness;
• Promptly identify loans with potential credit weaknesses;
• Appropriately grade or adversely classify loans, especially those with well-defined credit weaknesses that jeopardize repayment, so that timely action can be taken and credit losses can be minimized;
• Produce high quality working papers and reports to document the tests performed, findings, conclusions and recommendations;
• Follow up to ensure corrective actions are achieved within agreed timetables;
• Provide meaningful assessments of financial, risk and regulatory reporting control environment;
• Prepare reports for and advises committees and relevant groups;
• Maintain a working knowledge of relevant legislation, statutory instruments, codes of practice, departmental policies and ensures these are adhered to;