Compensation Grade:

09

BASIC PURPOSE:
 

Administers the Bank’s collateral verification review process by collecting, reviewing, and facilitating the delivery of the information and data transfer between members and the Bank.

ESSENTIAL FUNCTIONS:

• Prepares collateral verification reviews (CVRs) by communicating with members to obtain documentation needed throughout the CVR process including; reconciling loan trial balance and/or other reports, selecting loan samples, providing collateral reporting and eligibility training, and facilitating the pre-review and post-review activities which may involve requesting and reviewing documentation necessary to clear exceptions as well as following up with members regarding the results of the review.
• Supports the Manager of Collateral Delivery, Assistant Manager of Collateral Delivery, and the Collateral Delivery Analyst in all delivery functions when needed. 
• Helps with administrative duties related to the Collateral Delivery function, including notification calls for members going into delivery, intake/inventory of delivered collateral, release of delivered collateral when appropriate, and the periodic inventory of delivered collateral.
• Assists the Manager of Collateral Delivery, Assistant Manager of Collateral Delivery, and the Collateral Delivery Analyst in maintaining the collateral vault and the collateral housed inside the vault. 
• Assists the Manger of Collateral Delivery, Assistant Manager of Collateral Delivery, and the Collateral Delivery Analyst in reviewing loan files during a CVR when additional resources are needed. 
• Participates in departmental meetings related to collateral eligibility and identification of process weaknesses with recommendations for improvement.
• Assists management in formulating department policies and procedures.
• Interacts with member institutions, which often includes key management, regarding the eligibility of various assets as collateral and provides members with basic guidelines of the Bank's collateral policies.
   

KNOWLEDGE, SKILLS, ABILITIES: 

• Requires a strong knowledge of mortgage underwriting, including loan documentation, and mortgage loan files.
• A thorough knowledge of Microsoft Word and Excel.
• Requires strong analytical skills and the ability to work within time constraints.
• Requires a highly detail-oriented individual with the skills needed to easily multi-task.
• Requires ability to manage multiple projects and work with limited supervision.
• Strong customer service and communication skills are required.

MINIMUM REQUIREMENTS

Associate degree and/or four years of work experience in a financial institution environment, or the equivalent combination of education and experience.  A bachelor’s degree in finance, accounting, or real estate is preferred

Work Location: This individual must reside within commuting distance from our Atlanta, GA office. This position may not be filled in New Jersey, either in-person or remotely.

Work Schedule: Onsite with an opportunity to work remote partially.

Visa Sponsorship: 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.

We are an equal opportunity employer.