Director of Loan Review and Corporate Governance – Jackson, Mississippi

Location: Jackson, Mississippi

The Director of Loan Review and Corporate Governance is responsible for administering the Bank’s independent loan review function in accordance with applicable FDIC regulations, the Interagency Guidelines Establishing Standards for Safety and Soundness, and the Bank’s Board-approved Loan Policy. The position provides objective, independent assessments of the quality of the Bank’s loan portfolio, the effectiveness of credit administration, the accuracy of internal risk ratings, and compliance with established lending policies.

This position serves as a key component of the Bank’s enterprise risk management framework by providing the Board of Directors and Executive Management with timely and independent evaluations of credit risk. The position maintains organizational independence from all lending, underwriting, and credit approval activities and reports significant findings directly to Executive Management and the Board and Risk Management Committee.

In addition to directing the Bank’s independent loan review function, the Director serves as the Bank’s Director of Corporate Governance and is responsible for supporting effective governance practices, Board administration, regulatory governance compliance, and corporate records management.

Shall report functionally to the Board of Directors and administratively to the President and Chief Operating Officer.

• Administer an independent, risk-based loan review program appropriate for the Bank’s size, complexity, and commercial lending activities.
• Develop and execute an annual Board-approved loan review plan using a risk-based methodology.
• Ensure sufficient review coverage of commercial, commercial real estate, construction, agricultural, and other higher-risk lending portfolios.
• Work alongside the Director of Loan Compliance in the review of consumer loans for both underwriting, fair lending, and consumer compliance regulations
• Perform independent evaluations of credit quality, underwriting, collateral protection, guarantor support, and repayment capacity.
• Validate the appropriateness of the Bank’s internal credit risk ratings and recommend changes where warranted.
• Evaluate compliance with Board-approved loan policies, underwriting standards, and regulatory guidance.

• Identify emerging credit weaknesses and adverse portfolio trends before they materially impact asset quality.
• Evaluate criticized and classified assets for consistency with regulatory definitions.
• Assess adequacy of borrower financial analysis, global cash flow analysis, guarantor support, collateral valuation, covenant monitoring, and ongoing credit administration.
• Evaluate concentrations of credit by borrower, industry, geography, collateral type, and other meaningful risk characteristics.
• Assess the effectiveness of problem asset identification, monitoring, and resolution practices.

• Prepare comprehensive written reports for Executive Management, the Board of Directors, and the Risk Management Committee on a quarterly basis.
• Report trends in asset quality, underwriting exceptions, policy exceptions, portfolio concentrations, and credit administration practices.
• Monitor management’s corrective action plans and report the status of outstanding findings.
• Escalate significant credit concerns promptly to Executive Management and the Board.

• Maintain a loan review program that meets FDIC supervisory expectations for independent credit risk review.
• Assist management during FDIC examinations and external loan review audits by providing loan review reports, supporting documentation, and portfolio analyses.
• Monitor changes in banking regulations and supervisory guidance affecting commercial credit risk management.
• Recommend revisions to Bank policies and loan review procedures as regulatory expectations evolve.
• Leadership
• Maintain appropriate training and continuing education in commercial credit analysis, regulatory guidance, and risk management.
• Promote consistency, objectivity, and independence throughout the loan review process.

• Shall not originate,…