New 
Loan Review Officer - Pittsfield, MA
 Berkshire Bank | |
 United States, Massachusetts, Pittsfield | |
 Jul 03, 2026 | |
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Division: Risk Management
Department: Loan Review Reports to: Loan Review Manager Status: Exempt Grade: 10 Salary Range: $55,588 - $102,474 Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location. Location: MA, RI, CT, NY Purpose/Objective: Organizes and conducts loan review of existing commercial loan portfolio to assess and manage risk and ensure conformance with established credit standards and bank policy. Provides the Loan Review Manager or, Sr. Loan Review Officer with a timely, objective assessment of the overall quality of the bank's loan portfolios. Reviews risk grades, loan documentation, the compliance program and loan policies and procedures. May participate in evaluating and grading new credits. Key Accountabilities: * Assesses overall lending portfolio risks; reviews policies and procedures in order to improve management of those risks. * Gathers timely and pertinent data to project trends that affect the ability to collect loans and to isolate potential problem areas early. * Identifies factors that might create potential loan loss problems, i.e. economic or market conditions, deficient loan documentation or underwriting support, early signs of financial weakness, etc. * Monitors compliance with all of the bank's lending policies and procedures and related laws and regulations. * Ensures that the credit department, in conjunction with Commercial Loan Officers, assigns appropriate risk grades to loans. * Ensures problem commercial loans are appropriately risk-rated and monitored closely until the status has improved or the loan has been paid or charged off. * Periodically reviews Commercial Loan Officer's portfolios to review and discuss loan grades that are different from those assigned by the loan officer, documentation and/or financial statement deficiencies discovered, and any dangerous tendencies that appear to be developing in the officer's portfolio. * Verifies that the Bank's documentation control system is working and determines its adequacy; identifies deficient or inadequate loan documentation. * Assumes additional duties and responsibilities as necessary to ensure department objectives are met. * Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one's duties. Education: * BS degree in Accounting or Business or equivalent work experience * Ongoing education in commercial lending/loan review Experience: * 5+ years of experience as a credit analyst, Loan Review Associate, credit officer, or risk analyst of a steadily growing commercial portfolio * Some accounting experience preferred Skills & Knowledge: * Strong analytical and organizational skills * Working knowledge of computer programs such as Excel and Access * Strong written and verbal communication skills Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com. | |