Loan Operations Admin Appraisal Coordinator

Bank of Canton•Canton, MA

2d•$21 - $34•Onsite

About The Position

The Loan Operations Admin Appraisal Coordinator is responsible for managing the appraisal order process for commercial and construction loan facilities, ensuring compliance with FDIC and USPAP guidelines. This role involves interaction with third-party vendors, managing loan application logs, assisting with HMDA worksheets, preparing discharge of mortgages, reconciling suspense GLs, ordering Flood Determination Certificates, and managing escrow deficiencies and unpaid taxes. The position also assists with processing construction loan advances.

Requirements

1-3 years of Commercial Loan Servicing Experience Preferred
Strong knowledge of Excel and Word
Ability to communicate orally and in writing, alphabetize, and collate.
Ability to proofread and check documents for accuracy.
Ability to enter data into a computer and check data for accuracy.

Responsibilities

Responsible for engagement of appraisers and full management of appraisal order process for commercial and construction loan facilities in accordance with FDIC and USPAP guidelines
Interaction with third party vendors
Responsible for managing the Commercial/Construction loan application log using Smartsheets in compliance with regulatory guidelines.
Assist in completing HMDA worksheets in Smartsheets for the HMDA Lar.
Prepare discharge of mortgages and customer letters in compliance with regulatory guidelines
Reconcile daily and monthly suspense GLs.
Responsible for ordering Flood Determination Certificates for new and renewed commercial/construction loan facilities and for assurance that Bank is in Compliance with current ordering regulations.
Manage tracking of and customer correspondence for escrow deficiencies and unpaid taxes for commercial/construction loans.
Assist with processing and funding of construction loan advances in accordance with policies and procedures.
Participate in community events sponsored by the bank.
Perform other related duties as required or as directed.
Attend seminars and classes necessary to acquire the latest information on banking business and lending regulations.