Collateral Manager leads a team of appraisers conducting assessments, valuations, and appraisal reviews of real estate, land, and other personal property to establish the market value generally used for lending, insurance, or other purposes. Establishes processes for conducting on-site inspections of property and data collection required to perform valuations. Being an Collateral Manager follows generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Ensures appraisal documentation and appraiser certification comply with all regulations. Additionally, Collateral Manager performs appraisal quality reviews to ensure appropriate valuation and minimize risk. Creates process efficiencies with appraisal software tools and databases. May require a bachelor's degree. Has the Member of the Appraisal Institute (SRPA) or similar designation. Requires a State Appraiser License. Typically reports to a director. The Collateral Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Collateral Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Description
The Collateral Documents Associate ensures lien placement on consumer loans,releases liens and performs title maintenance, all in compliance with title and lien regulations for each State.
Here's what you can expect from the job and what you need to be successful :
Job Duties :
Ensure timely lien placement through ongoing communication with members, third party vendors, other lending institutions, and DMV offices
Ensure satisfactory completion of all documents required to perfect vehicle titles
Perform title maintenance including state changes, name changes, and lien releases
Answer member and employee inquiries (phone and email) promptly and accurately
Keep a current working knowledge of title and lien regulations for selected States.
Essential Skills :
Minimum Education : High School Diploma or equivalent
Minimum one year experience in lending operations or two years experience in financial services role with exposure to consumer lending processes
Strong analytical, critical thinking and problem solving skills
Proven skills and commitment in meeting or exceeding member expectations and requirements
Ability to manage time effectively and prioritize work appropriately to meet deadlines
Ability to work in fast-paced environment and meet deadlines without sacrificing quality
Familiarity with regulatory policies and procedures including SCRA, Truth in Lending, Reg B, FCRA and MLA preferred
Working knowledge of Microsoft Office Suite; Intermediate knowledge of Excel
Certification / License : N / A
Location : Rocklin Corporate Office, Rocklin, CA 95677 (HYBRID)
Target Compensation in Rocklin, CA : $21.15 to $23.56 hourly annual bonus
Benefits options include :
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Last updated : 2024-04-24