Can someone please advise on credit review specialists acting as credit underwriter while also having voting approval for OLC committee?

OLC Committee? And in what regulatory context are you referring?

Like an ATM machine, I think the OLC Committee is the Officers Loan Committee Committee.

Under Appraisal Guidance anyone with voting authority should be removed from the appraisal function. All loans over $1 million go to Officer Loan Committee for approval. Currently our CCO has voting authority on OLC. This person also oversees our appraisal orders, reviews, etc. While the decision is not theirs alone I believe this to be a conflict.

This also leads me to ask how other banks handle their credit analysts - Do they serve as a non-voting advisory member of loan committee or do they have have voting authority?

Please explain do us what the duties are for a "credit review specialists". There is no violation, that I know of, for an underwriter to have voting approval. Many times you might find a loan committee voting member having to put together and underwrite a loan requrest because the analyst(s) might be too busy. The only violation, as mentioned above, is if your review specialist does appraisal review. In that case, it would be a violation of the Interagency Guidelines on Appraisals...

Our head analyst is a non-voting (advisory) member. Other analysts may sit in committee when a loan they have prepared is being presented.