Job Brief
The Loan Reviewer plays a crucial role in evaluating, authorizing, and recommending the approval of commercial, real estate, and credit loans. This position requires a strong understanding of financial assessments, loan underwriting standards, and borrower advisement. Ideal candidates will possess experience in the lending industry and demonstrate exceptional analytical, communication, and decision-making skills.
Responsibilities
- Evaluate loan applications and supporting documentation for accuracy and completeness.
- Authorize or recommend approval of loans based on established underwriting guidelines.
- Advise borrowers on financial status, loan products, and payment methods.
- Conduct thorough risk assessments and analyze borrower creditworthiness.
- Maintain compliance with all regulatory requirements and internal policies.
- Collaborate with loan officers, underwriters, and other stakeholders to streamline the loan process.
- Provide feedback on loan processing procedures to enhance operational efficiency.
- Monitor loan performance and follow up on outstanding conditions or documentation.
Requirements
- Bachelor’s degree in Finance, Business Administration, or a related field.
- 2+ years of experience in loan reviewing, underwriting, or a similar role.
- Strong understanding of loan products, mortgage lending, and credit analysis.
- Proficient in financial software and loan processing systems.
- Exceptional analytical skills with a keen attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.
- Knowledge of regulatory compliance and risk management practices.
Similar Job Titles
- Loan Underwriter
- Mortgage Loan Officer
- Credit Analyst
- Loan Servicing Officer
- Collection Analyst
- Residential Loan Reviewer
- Commercial Loan Reviewer
- Payday Loan Officer
