Jobs

Collateral Analyst

Irving, TX

Posted: 02/12/2024 Industry: Job Number: 13177

Job Description


PRIMARY RESPONSIBILITIES:                                     
  1. Analyzes the adequacy of various loan documents for collateral delivered into the Bank’s collateral vault and pledged under blanket lien, including the analysis and review of appraisal reports and mortgage notes to ascertain that a security interest can be perfected by the Bank in underlying collateral in the event of default. Performs collateral verifications and coordinates collateral inspections on pledged commercial property to ascertain type/class and value of property.
  2. Assists in the maintenance of the department’s systems, which may include participating in the development of requirements, and specifications, developing and executing testing scenarios related to the enhancements or modifications of the system(s)
  3. Performs ongoing operations of the Bank’s Held-For-Sale program;daily monitoring and updates, quarterly onsite HFS collateral verifications and participating in the onboarding of new members, consistent with Bank policies and procedures.
  4. Produces and maintains various reports and analysis pertaining to collateral verifications, collateral valuations, UCC filings, Interagency Guidance, and property inspections.
  5. Performs collateral desktop reviews. When necessary, assist in onsite collateral verifications. Consistent with guidance from management, coordinate, schedule, and complete assigned desktop reviews during established time periods and in accordance with Bank policies and procedures.
  6. Provides analysis and interpretation of related Federal Housing Finance Board regulations. Perform regulatory compliance reviews of Collateral department policies and procedures.
  7. Analyzes, reviews, and values assets being pledged as security for advances. Is the liaison with various Bank departments to provide prompt and courteous support for member requests.
  8. Assists in the ongoing maintenance of collateral system data and customer information.
  9. Assumes additional responsibilities as assigned.

JOB REQUIREMENTS:

Bachelors in finance, business, accounting or real estate required. 
  1. 3-5 years’experience in banking, commercial real estate, or the mortgage and warehouse lending business, e.G., appraising, underwriting, commercial lending, selling and/or loan processing. College degree may be considered as part of experience requirement. 
  2. Strong PC skills, spreadsheet, and database preparation. Working knowledge of balance sheets and trial balances of financial institutions.
  3. Excellent communication, interpersonal skills, and analytical skills;a self-motivator is a must.

Meet Your Recruiter

Rick Lewis

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About Irving, TX

Discover exciting job opportunities in the vibrant city of Irving, Texas! Known for its diverse community and thriving economy, Irving offers endless possibilities for career growth and development. With its close proximity to Dallas Fort Worth International Airport, major corporations, and charming neighborhoods like Las Colinas, Irving is the perfect place to advance your career. Explore job listings in this bustling city and be part of the dynamic energy that surrounds attractions like the Toyota Music Factory, the Irving Arts Center, and the Mustangs of Las Colinas sculpture. Embrace the blend of Texan hospitality and cosmopolitan flair that makes Irving a truly exceptional place to work and live. Take the next step in your career journey and find your perfect match in Irving, Texas!