Collateral Review Analyst

Federal Home Loan Bank of Des Moines•Washington, DC

18h•$72,750 - $86,391•Hybrid

About The Position

Responsible for performing the Bank's field review process including verifying the existence and eligibility of loans pledged to the Bank as collateral in accordance with Bank and regulatory guidelines.

Requirements

Bachelor’s degree in business or finance or equivalent work experience; business law and/or real estate law course work is a plus.
Knowledge of real-estate backed loans, including underwriting and documentation standards, valuation methodologies, loan servicing and monitoring practices. Knowledge of business loans a plus.
3-5 years in mortgage/banking industry in a role such as underwriter or loan originator with knowledge of single-family residential loans and documentation. Experience with commercial real estate and business loans a plus.
Strong interpersonal and customer service skills with the ability to interact effectively with individuals at all levels within a financial institution.
Strong computer skills including Microsoft Excel and Word; experience with software interface techniques a plus.
Strong verbal, written and presentation skills.
Ability to work independently and in a group setting.
Valid driver’s license and excellent driving record.

Nice To Haves

business law and/or real estate law course work
Knowledge of business loans
Experience with commercial real estate and business loans
experience with software interface techniques

Responsibilities

Performs Member Collateral Verifications (MCVs) on depository members with guidance as necessary depending on the complexity of the review in accordance with departmental processes, procedures, and controls.
Assists depository members and/or Relationship Managers with questions and/or concerns regarding pledged loan collateral or other Bank matters.
Assist on special projects affecting departmental objectives and/or Bank strategic initiatives.
Perform other duties and projects as assigned.