SUMMARYThis position is responsible primarily for analysis, monitoring and preparation of credit memorandums, criticized/classified loan memos and annual loan reviews for loan officers. Position is a support function to assist loan officers move loan requests through the approval process.
The salary for this role will be between $77k-$111K a year. The specific salary offered will depend on several factors including but not limited to applicant's skills and prior relevant experience. Hired candidate may be eligible for healthcare benefits, 401K plan, short term & long-term disability coverage, life insurance, vacation & sick time, educational assistance, and several holidays. Certain roles are eligible for additional rewards.
ESSENTIAL DUTIES- Works with existing clients and prospects as required to receive information as needed.
- Ensures that the financial analysis prepared by the Analyst Team is accurate.
- Analyzes financial spreads to determine if the loan requests meet Bank credit policy.
- Prepares credit memorandums, criticized/classified loan memos, and annual loan reviews in Credit Quest software program for lenders.
- Works with the Team Assistant to collect all necessary documents needed by the loan documentation team.
- Requests preliminary title reports, environmental reports and appraisals as directed by the loan officer.
- Analyzes borrowing base reports prepared by client and notifies loan officer of any discrepancies.
- Ensures timely and thorough monitoring of all credits through use of management reports such as Out of Compliance Report; Annual Loan Review Report; Delinquency Report and Maturing Loan Report.
- Understands and observes laws and regulations that relate to commercial lending.
Additional duties and responsibilities. Other duties as may be assigned:- Projects professionalism in both appearance and attitude when dealing with customers.
- Coordinates, when necessary, with other departments.
- Participates in and completes all required training modules with passing scores.
- Follows all state and federal laws, and all Riverview policies and procedures.
RELATIONSHIPS- Maintain strong working relationship with Commercial Loan Team Leader and peers in the lending area as well as other support areas.
- Maintains contact with clients to ensure that service levels are appropriate.
QUALIFICATIONSTo 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.
EDUCATION and/or EXPERIENCEBachelor's degree in a business, finance or related field is preferred, 2 or more years of commercial lending support experience, strong analytical skills, excellent communication skills, and knowledge of bank services, or equivalent combination of education and experience.
SKILLS- Ability to communicate with lenders and build strong working relationships.
- Ability to read, analyze and interpret business and personal financial statements and tax returns.
- Ability to understand bank lending policy and governmental regulations.
- Ability to prepare concise credit memorandums, annual loan reviews and criticized/classified loan memos that define the risk and financial condition of the borrower or prospect.
- Accurately analyze asset-based lending borrowing bases.
- Ability to effectively identify concerns or changes in financial position of borrowers and communicate to lending officer.
- Ability to work with mathematical and financial concepts such as global cash flow and other financial ratios that indicate the strength of a business or individual who borrows for business purposes.
- Ability to resolve with some assistance day-to-day problems and deal with a variety of issues that may arise in working with borrowers.
- Ability, with some assistance, to develop loan structure that protects the bank.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Basic skills associated with the general use of computers and business office equipment including developing a good working knowledge of the Credit Quest lending system.
PHYSICAL DEMANDSWhile performing the duties of this job, the employee is regularly required to effectively communicate via phone/video, messaging, and email. The employee is required to use computer and office equipment such as a computer, printer, copier, as well as computer software such as Microsoft Office. You may also frequently be required to occupy a workstation for long periods of time. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.Riverview Bank does not accept unsolicited resumes from any third party staffing agencies and/or search firms for any job postings.Third parties are not authorized to submit profiles, applications, or resumes to this site or to any Riverview Bank employee. Any such submissions, Riverview Bank will not be responsible for any fees related to unsolicited resume submissions without written consent from the Talent Acquisition Team. Including, but not limited to the candidate hired for a position. 
