Loan Review Officer

Job Details: Job Location: Work location varies based on availability (AR, IL, KS, MO) - HQ in, MO, Position Type: Full Time, Salary Range: Undisclosed, PRIMARY PURPOSE OF JOB The Loan Review Officer position is accountable for managing periodic reviews with the objective of evaluating the overall credit quality of the Bank’s loan portfolio.   Oversees and manages the daily operations of the Loan Review Department.  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 Supervise the loan review team in the completion of periodic reviews of the Bank’s loan portfolio ensuring the highest quality work within the budgeted hours and delivered in a timely manner; Provide an independent and objective assessment of the overall quality of the loan portfolio to senior management; Develop the Bank’s overall loan review strategy and established related policies and procedures including an annual risk-based scope and loan review plan; Oversee the preparation and development of the Loan Review Policy with on-going amendments to address emerging risks; Promptly identifies loans with potential credit weaknesses; Appropriately grades or adversely classifies loans, especially those with well-defined credit weaknesses that jeopardize repayment, so that timely action can be taken and credit losses can be minimized; Assesses 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. 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; Contribute to the strategic management of financial services; 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; and, Provide adequate training and oversight to the loan review department to ensure that individual and loan review objectives are met;Qualifications: The following specifications are general guidelines based on the minimum education and experience normally considered essential to the satisfactory performance of this position.  The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.  Individual abilities may result in some deviation from these guidelines. KNOWLEDGE, SKILLS AND ABILITIES Demonstrated knowledge of all pertinent regulatory requirements and compliance program elements; Proven organization and facilitation skills; Demonstrated expertise in oral and written communication; Demonstrated expertise in analysis and decision support; and, Ability to prioritize, multi-task and manage deadlines.EDUCATION, TRAINING AND EXPERIENCE REQUIREMENTS Bachelor’s degree in accounting or equivalent work experience; Five to ten years managerial work experience in a highly diversified organizationCORE COMPETENCIES Family & Trust: Southern Bank team members build relationships based on trust and mutual respect, maintain an inclusive and honest environment and uphold integrity and transparency in all interactions.Rooted & Service: Southern Bank team members are committed to serving customers, communities and teams with purpose, professionalism, and respect, while effectively communicating and actively listening to meet their needs.Innovation & Strength: Southern Bank team members foster collaboration and continuous improvement, encourage visionary thinking, and strive for excellence to drive the organization forward.Building Partnerships: Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units, outside vendors and partners, or organizations to help achieve business goals.Leadership Disposition- Back Office: Demonstrating the traits, inclinations, and dispositions that characterize successful leaders; exhibiting behavior styles that meet the demands of the leader role.Aligning Performance for Success: Focusing and guiding others in accomplishing work objectives.