Director of Loan Review

Job Summary

The Director of Loan Review is responsible for leading the independent loan review function for the Bank and providing objective assessment of credit quality, underwriting practices, risk rating accuracy, policy compliance, and portfolio trends.

This role serves as a key component of the Bank's overall risk management framework and is expected to proactively identify emerging credit risk issues, evaluate the effectiveness of credit administration processes, and communicate findings clearly to executive management and the Board of Directors.

The Director of Loan Review operates independently from loan production and credit approval functions and is expected to maintain strong working relationships across business lines while providing credible challeng and objective oversight consistent with regulatory expectations for institutions supervised by the Federal Reserve System. 

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


* Lead the Bank's independent loan review strategy in accordance with regulatory guidance, Board-approved policies, and industry best practices, including:
+ Developing and executing a comprehensive, risk-based annual loan review plan approved by executive management and the Board, or committee thereof.
+ Ensuring loan review coverage is sufficient to evaluate material portfolios, higher-risk lending activities, and proactively indentify emerging areas of concern.
+ Maintaining methodologies, work programs, and reporting practices consistent with supervisory expectations and internal standards.
+ Overseeing loan review scheduling, scoping, testing procedures, file documentation, and issue tracking. 
+ Coordinating and leading outsourced loan review partners to conduct and report loan review work in accordance with bank expectations. 
+ Conducting periodic quality control analyses of outsourced loan review results for adequacy. 
+ Conducting loan review analyses to identify systemic weaknesses in underwriting quality, portfolio management, servicing, or credit administration processes and recommending corrective actions. 
+ Assessing the accuracy and timeliness of risk ratings and ensuring criticized/classified assets are appropriately identified. 
+ Coordinating and communicating findings and corrective action activities with the line of business and market presidents. 
+ Ensuring timely validation of management action plans and remediation efforts. 


* Serve as primary liaison with regulators and external parties regarding loan review activities.

Support examinations and audits through timely and accurate information sharing. 


* Maintain awareness of changes in regulatory expectations, accounting standards, and industry practices impacting credit risk assessment. 


* Review ade...