Collateral Loan Services Analyst

Collateral Loan Services Analyst

Our client is looking for a Collateral Loan Services Analyst to join their team!

As a Collateral Analyst, you will :

• Analyze Collateral Adequacy : Review various loan documents for collateral delivered into the vault or pledged under blanket lien. This includes scrutinizing appraisal reports and mortgage notes to ensure a security interest can be perfected by the client in underlying collateral in the event of default.
• Perform Verifications & Inspections : Conduct and coordinate collateral verifications and inspections on pledged commercial property to determine the property's type / class and value.
• System Support : Assist in maintaining departmental systems, which may involve participating in developing requirements / specifications and developing / executing testing scenarios related to system enhancements or modifications.
• Manage Held-For-Sale (HFS) Program : Oversee ongoing operations of the client's HFS program, including daily monitoring and updates, quarterly onsite HFS collateral verifications, and onboarding new members in accordance with client policies.
• Reporting and Analysis : Produce and maintain various reports and analyses pertaining to collateral verifications, valuations, UCC filings, Interagency Guidance, and property inspections.
• Conduct Desktop Reviews : Perform collateral desktop reviews and, when necessary, assist with onsite collateral verifications. You will be responsible for coordinating, scheduling, and completing assigned desktop reviews within established timeframes.
• Ensure Regulatory Compliance : Provide analysis and interpretation of related regulations and perform regulatory compliance reviews of collateral department policies and procedures.
• Valuation and Liaison : Analyze, review, and value assets being pledged as security for advances. Act as a liaison with various departments to provide prompt and courteous support for member requests.
• Data Integrity : Assist in the ongoing maintenance of collateral system data and customer information.

Compensation / Pay Rate : $70,000.00 - $90,000.00