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.
Responsible for performing the Bank's field review process including verifying the existence and eligibility of loans pledged to the Bank as collateral in accordance with Bank and regulatory guidelines.Accountabilities:
- Performs Member Collateral Verifications (MCVs) on depository members with guidance as necessary depending on the complexity of the review in accordance with departmental processes, procedures, and controls.
- Assists depository members and/or Relationship Managers with questions and/or concerns regarding pledged loan collateral or other Bank matters.
- Assist on special projects affecting departmental objectives and/or Bank strategic initiatives.
- Perform other duties and projects as assigned.
Qualifications:
- Bachelor’s degree in business or finance or equivalent work experience; business law and/or real estate law course work is a plus.
- Knowledge of real-estate backed loans, including underwriting and documentation standards, valuation methodologies, loan servicing and monitoring practices. Knowledge of business loans a plus.
- 3-5 years in mortgage/banking industry in a role such as underwriter or loan originator with knowledge of single-family residential loans and documentation. Experience with commercial real estate and business loans a plus.
- 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 Excel and Word; experience with software interface techniques a plus.
- Strong verbal, written and presentation skills.
- Ability to work independently and in a group setting.
- Valid driver’s license and excellent driving record.
Compensation Range:
Annual Salary: $76,235.65 - $85,204.55This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule of 3 days per week in office, 2 days per week work-from-home. We match 100% of the first 6% you contribute to your 401(k), and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we celebrate diversity, work to create an inclusive culture and champion equity in all of our policies and practices. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.