Job description

Description:
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Join the Bank that shares success with others!_* As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather than the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with Medical, Dental, Vision, Flexible Spending, Dependent Care, Child Care Subsidy, Retirement, Life Insurance and many other benefits.
South Shore Bank is seeking a Loan Reviewer who will provide assistance for the independent and objective evaluation of the quality of the loan portfolio, the adequacy of loan documentation, and the effectiveness of loan administration functions. Will review and coordinate all routine to complex installment, commercial and real estate loan documents. Recognize the appropriate documents for each type of loan and works with the CLA and Loan Officer to obtain any missing/incomplete documents. Provide tracking and reporting to management related to compliance and other applicable federal regulations, state laws and internal policies and procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES

• Maintain a thorough knowledge of commercial and consumer lending, banking laws and regulations, to assist with the assessment of credit risk and monitoring of compliance with loan policies and procedures, applicable laws, and regulations.
• Ensure that any special conditions, terms, or requirements have been complied with.
• Ensure procedures regarding lending are being met according to the company guidelines and policies for quality control best practices, and key compliance including HMDA, RESPA/TILA and Fair Lending.
• Update workflow log and assist in documenting loans.
• Review of all loan documents to ensure all financial terms, conditions and covenants are listed as approved.
• Review of the loan documentation packages post-closing within the predefined service level agreement to ensure accuracy.
• Tracks actions and responses to ensure that required information and/or documents are obtained both pre- and post-closing.
• Resolve loan documentation issues or questions on new loans, renewals, and modifications through effective communication with lenders.
• Assesses collectability of extensions of credit through review of customer financial information, collateral information and documentation, and payment history.
• Assigns appropriate risk grades to reflect relative risk of default or loss. Recommends corrective actions to assist with resolution or workout of problem situations.
• Weekly review and distribution of past due payment report.
• Lead Exit Meetings for unit reviews.

SECONDARY RESPONSIBLITIES

• Acquire and maintain a proficiency in the Bank’s policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing.
• Develop a good working knowledge of commercial lending, including collateral documentation, generally accepted practices, and financial analysis skills.

Consider this description to be the foundation of your job, not its boundaries. Expect to participate in internal and external training sessions and activities not described here which enhance the quality of service to the client.

Requirements:QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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EDUCATION and/or EXPERIENCE*

• A minimum of 3 years related work experience with commercial lending environment, or as a Federal Bank Examiner, Loan Review or Credit Analysis capacity is required.
• A minimum of 3 years related work experience with Commercial Loan core systems and Document drafting software preferred.
• BAI Loan Review Certification or RMA Credit Risk Certification preferred.
• Bachelor’s degree in a business-related field required. Accounting or Finance major preferred.
• Strong time management and organizational skills.
• High level of attention to detail
• Able to prioritize, handle multiple tasks and work independently.

LANGUAGE SKILLS
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
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MATHEMATICAL SKILLS*
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
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REASONING ABILITY*
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
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PHYSICAL DEMANDS*
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand; walk; use sufficient hand, arm and finger dexterity or feel objects, tools or controls. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
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WORK ENVIRONMENT*
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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KEY POINTS*
It has been and will continue to be the policy of South Shore Bank to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service, or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state, or local laws.
At South Shore Bank, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. We believe in Shared success and We before Me. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

Job Type: Full-time

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