Responsible for performing the Bank's field review process; including verifying the existence, quality and eligibility of pledged loan collateral for Members and HFA in accordance with Bank and regulatory guidelines. This position is also a primary point of contact for members with loan collateral questions.
Perform onsite and offsite loan collateral Member Collateral Verification’s (MCV).
Ensure any MCVs not completed have received proper supervisor approval for deferral or waiver.
Provide assistance to members with questions and concerns on collateral or other Bank issues.
Manage or assist on special projects affecting departmental objectives/Bank strategic initiatives.
Manage departmental internal controls and regulatory issues.
Perform other duties and projects as assigned
Bachelor’s degree in business or finance
Business law and / or real estate law course work is a plus
Knowledge of mortgage and business loans, including: underwriting and documentation standards, valuation methodologies and secondary loan markets and servicing and monitoring practices
5+ years’ in mortgage industry in a role such as an underwriter, loan originator, or secondary marketing with knowledge of various loan types including single family residential, commercial real estate and business loans
Strong interpersonal and customer service skills with the ability to interact effectively with individuals at all levels within a financial institution
Strong computer skills including Microsoft Windows, Excel, Word and experience with software interface techniques
Strong verbal, written and presentation skills
Ability to work independently and in a group setting
Valid driver’s license and excellent driving record.
The physical demands described here are generally representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle controls; talk and hear. Specific vision abilities required by this job include close vision and the ability to adjust focus. The employee frequently is required to reach with hands and arms. The employee is occasionally required to stand; walk; and stoop. The employee must regularly lift and/or move up to ten pounds. Some positions, including, but not limited to positions in Administrative Services, may be required to lift, move and/or carry up to 50 pounds.
Employees in this position work from their home and will be expected to travel up to 80% of the time.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Internal Number: R-00030
About Federal Home Loan Bank of Des Moines
At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
We strive to make sure our employees feel included, valued and appreciated and, more importantly, we value the unique set of experiences and cultural backgrounds that each employee brings to our organization. Our culture is guided by our shared values – empowerment, integrity, respect, excellence, teamwork and authenticity.
We have a long history of cultivating the next generation of talent.