Director of Loan Review Analysis

Duties:

* Develop, implement and execute the division?s business and component action plans, strategic direction, initiatives and goals, standards, procedures and budgets.

* Disseminate operating parameters in which to verify, value and analyze eligible collateral.

* Oversee all functions related to the on-site review and due diligence process of the residential and income producing real estate type collateral including its analysis and valuation according to secondary mortgage market standards and validation of data describing mortgages pledged.

* Guide the loan review managers in the daily operation of the department, in providing direction to loan review staff and in overseeing contract loan analysts supplementing on-site review process.  Develop standards for productivity and scheduling.

* Promote standards for the review, edit and finalization of on-site reports and other reports produced by the Loan Review Analysis Departments.  Direct managers in training and guidance of Loan Review Analysts for Bank policy and regulations, the Bank?s valuation methodologies, and other areas as required.

* Direct the completion of the annual Collateral Verification process and its reporting to executive management.

 

Requirements:

* BA/BS in Liberal Arts, Education or Business related.  Continuing education in real estate courses.

* Eight or more years experience in either a banking and commercial real estate lending environment or the secondary market.  Specific experience in all of the following areas of real estate lending; loan underwriting, appraisal review, due diligence, cash flow analysis and secondary marketing.

* Must have knowledge of real estate loan documents. 

* Strong communication and presentation skills.  Strong project management skills and analytical skills.  Experience in Word, Excel, Access or other database applications and possess data mining skills.