Credit Review Officer / Credit Review Officer Senior (On-site)

Heritage Bank has an exciting opportunity to join our organization!

We are seeking a Credit Review Officer / Senior to join our Credit Review team. The credit review officer is responsible for the independent review and objective appraisals of the Bank's loan portfolio and related risk management activities to ensure that acceptable credit standards are maintained, and loans and related documentation adhere to the Bank's policies, procedures, guidelines, and regulatory requirements.

Geographical location for this position is Tacoma, Washington at the Southern Operations Center. Depending on experience and qualifications, other locations within Heritage Bank's footprint (WA, OR, ID) may be considered. This position is fully on-site in either Washington, Idaho, or Oregon.

Depending on qualifications and experience, Credit Review Officer or Credit Review Officer Senior may be considered.

Base Salary Range :

Credit Review Officer - $83,370.00 - $104,213.00 - $125,055.00 annual

Credit Review Officer Senior - $100,884.00 - $126,105.00 -$151,326.00 annual

The Role at a Glance :

• Participates in the evaluation of the bank's asset quality, assessing adherence with lending and portfolio policy, loan approvals, and evaluating and reporting on risk rating integrity.
• Performs regular credit reviews, ensuring loans adhere to general loan policy and regulatory guidelines.
• Assesses the accuracy of risk grades, timeliness of grade changes, justification of rationale, and adherence to bank policy for risk grading methodology.
• Prepares independent analysis and supporting documentation for loan reviews.
• Prepares reports summarizing portfolio quality and risk issues with recommended corrective action.
• Participates in the loan review process; makes recommendations to management to optimize the loan review program, as needed.
• Assists in the development and scope of the internal loan review process, including risk-based sampling of the loan portfolios, and coordinates with outsourced loan reviews.
• Prepares reports and work papers recapping discussions with loan officers and business unit management, and / or other functional areas under review to present risk issue findings and secure commitments for resolution of areas in question.
• Performs continuous monitoring of key business unit credit related activities and effectively documents and communicates findings to management.
• Maintains strong relevant knowledge of key legal, compliance, and market-risk issues involved in credit related activities.
• Promotes and maintains positive relationships with unit managers and staff; provides information and assistance when appropriate.
• Assists with site coordination and logistics for outside vendors, contractors, and staff performing third party commercial loan reviews.
• Performs continuous monitoring of key business unit credit related activities and effectively documents and communicates findings to management.
• Monitors assigned portfolios to evaluate proper coverage and assessment of risk on an ongoing basis.
• Maintains an independent viewpoint derived from fact-based analysis and patterns of performance.

Core Skills and Qualifications :

Work Environment / Conditions :

Physical Demands / Effort :

At Heritage Bank, we work hard, but we also know how important it is to take time off to stay healthy, relax, and spend time doing what makes your heart happy!

As part of our team, you'll enjoy a total rewards package, which includes base salary based on the role, experience, and skill set, along with an exceptional benefits package (medical, dental, vision, life insurance, 401(k), community volunteer time), and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually

Heritage Bank is an Equal Opportunity Employer

Salary Range Disclaimer

The base salary range represents Heritage Bank's current salary range for the position. Actual salaries will vary depending on factors including, but not limited to, qualifications, experience, and job performance. The range listed is just one component of Heritage Bank's total compensation package for full time and part time employees. Depending on position, other total compensation rewards may include, monthly, quarterly or annual incentive, and / or bonuses.

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