Senior Collateral Risk Analyst

Federal Home Loan Bank of Atlanta•Atlanta, GA

3d•Hybrid

About The Position

BASIC PURPOSE: Conducts collateral verification reviews in accordance with Bank policy, and otherwise analyzes and evaluates collateral pledged to the Bank to support lending by the Bank. ESSENTIAL FUNCTIONS: Prepares and participates in the evaluation of all mortgage loan collateral pledged to the Bank, including residential loans, multi-family loans, commercial real estate loans, HELOC/second, and farmland mortgage loans to evaluate loan quality and eligibility, and to ensure compliance with Bank policy, procedures, and regulations. Demonstrates leadership abilities through active participation in departmental meetings including identification of process weaknesses with recommendations for improvement. Participates in the development, design, enhancement, and maintenance of comprehensive financial spreadsheets, models, and collateral-related software systems to facilitate the analysis and monitoring of the Bank’s collateral. Reviews the work of third-party contractors and provides directional leadership regarding delegation and prioritization of work as it relates to collateral verification reviews. Provides guidance to less experienced Collateral Risk Analysts in Collateral Services department policies, procedures, and practices. Interacts with member institutions daily regarding the eligibility of various assets as collateral and provides members with guidelines and interpretation of the Bank’s collateral policies. Conducts exit meetings with senior management of member institutions summarizing collateral verification review findings. Assists management in formulating Bank policies and procedures. Assists in the development of system and/or software programs to facilitate the analysis and monitoring of member financial data and collateral information. This description provides general information necessary to depict the essential and non-essential functions of the job and shall not be construed as a detailed description of all the required work that may be inherent in the job.

Requirements

Requires a strong knowledge of evaluating and underwriting mortgage loan files including loan documentation.
Requires a highly detail-oriented individual with the ability to manage multiple projects with minimal supervision.
A thorough knowledge of Microsoft Excel and Word, as well as practical experience utilizing VPNs.
Strong communication, presentation, and problem-solving skills
Position does require travel with some being overnight
A bachelor’s degree in finance, accounting, or real estate, and a minimum of six years of work experience in the analysis of residential or commercial real estate, lending, or underwriting, with specific experience in loan documentation, appraisal review, due diligence or the equivalent combination of education and experience is necessary.
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Nice To Haves

A master’s degree is preferred.

Responsibilities

Prepares and participates in the evaluation of all mortgage loan collateral pledged to the Bank
Demonstrates leadership abilities through active participation in departmental meetings including identification of process weaknesses with recommendations for improvement.
Participates in the development, design, enhancement, and maintenance of comprehensive financial spreadsheets, models, and collateral-related software systems to facilitate the analysis and monitoring of the Bank’s collateral.
Reviews the work of third-party contractors and provides directional leadership regarding delegation and prioritization of work as it relates to collateral verification reviews.
Provides guidance to less experienced Collateral Risk Analysts in Collateral Services department policies, procedures, and practices.
Interacts with member institutions daily regarding the eligibility of various assets as collateral and provides members with guidelines and interpretation of the Bank’s collateral policies.
Conducts exit meetings with senior management of member institutions summarizing collateral verification review findings.
Assists management in formulating Bank policies and procedures.
Assists in the development of system and/or software programs to facilitate the analysis and monitoring of member financial data and collateral information.