Responsible for reviewing property valuations to ensure compliance Federal/State law and Truist risk policy to ensure that loans secured with real estate are protected with adequate collateral value.
Essential Duties and Responsibilities
Successfully use critical thinking and analytical skills to review collateral.
Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
Identify and determine next steps for collateral issues that have been escalated.
Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
Adhere to all compliance regulations and controls.
Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
Cultivate relationships with peers as a peer mentor.
Qualifications
Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Four years or more of mortgage or consumer loan underwriting experience
Three years of continuous collateral review experience
Excellent Communication skills, both written and verbal, in relating to internal and external clients
Demonstrates proficiency in basic computer applications such as Microsoft Office software products
Ability to travel, occasionally overnight
Preferred Qualifications:
FHA DE (CHUMS) / VA SAR/LAPP
Understanding of appraisal compliance and generally accepted appraisal rules
Experience with using appraisal and market evaluation tools
Demonstrates proficiency in mortgage automated processing systems
Basic knowledge of bank services and products
Bachelor's degree, or equivalent education and related training
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Job Title
Responsible for reviewing property valuations to ensure compliance Federal/State law and Truist risk policy to ensure that loans secured with real estate are protected with adequate collateral value.
Essential Duties and Responsibilities
Successfully use critical thinking and analytical skills to review collateral.
Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
Identify and determine next steps for collateral issues that have been escalated.
Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
Adhere to all compliance regulations and controls.
Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
Cultivate relationships with peers as a peer mentor.
Qualifications
Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Four years or more of mortgage or consumer loan underwriting experience
Three years of continuous collateral review experience
Excellent Communication skills, both written and verbal, in relating to internal and external clients
Demonstrates proficiency in basic computer applications such as Microsoft Office software products
Ability to travel, occasionally overnight
Preferred Qualifications:
FHA DE (CHUMS) / VA SAR/LAPP
Understanding of appraisal compliance and generally accepted appraisal rules
Experience with using appraisal and market evaluation tools
Demonstrates proficiency in mortgage automated processing systems
Basic knowledge of bank services and products
Bachelor's degree, or equivalent education and related training
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
What You'll Do
Successfully use critical thinking and analytical skills to review collateral.
Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
Identify and determine next steps for collateral issues that have been escalated.
Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
