Collateral Manager jobs in Massachusetts

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)

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Floor Plan Inventory Auditor/Field Inspector - Worcester, MA
  • Collateral Specialists Inc
  • Worcester, MA PART_TIME
  • Job Description:

    Collateral Specialists Inc. provides third-party inspection and auditing services to the financial community!

    Serving the industry for over 28 years, CSI provides services in all 50 states. CSI field inspections include, but are not limited to:

    Floor Plan Inspections - CSI’s floor plan inspections provide lenders with a regularly scheduled accounting of their financed inventory. CSI field representatives visit automotive, truck, and construction equipment dealerships at varying frequencies to verify inventory by serial number and model. CSI will verify which units financed by the bank are on site. Units not on site will need to be reconciled to ascertain their status (e.g., in stock, on demo, on rent, not received, sold, etc.) If they are stored nearby or at a repair shop when you arrive, you will often travel to offsite locations to photograph the vehicle.

    Equipment Inspections - Usually in conjunction with a new equipment lease, CSI verifies that the equipment being financed by a leasing company is at the end user’s place of business. Verification includes confirming serial numbers, taking photos, and preparing a short report.

    Site Inspections - Collateral Specialist’s site inspection service provides a physical inspection of your borrower’s place of business. All inspections include a report and photos of the property. Depending on your requirements, the CSI representative will either take a tour of the inside of the property or perform a no-contact exterior inspection. The detailed site inspection report provides information on the competition, the current business environment, and many other aspects that lenders need to know. Many of these inspections have a set of special instructions per the need of the client, so someone who has keen attention to detail, and written instructions is imperative.

    CSI is seeking part-time representatives to complete field inspections. Inspectors coordinate their own schedules and appointment times if requested. Turnaround times for reports are anywhere from 48 hours to 30 days, depending on the inspection.

    Essential Duties

    • Represent CSI and its customers in a professional manner
    • Travel to various businesses and verify collateral on hand, working off an inventory list
    • Taking digital photos of property and equipment
    • Completing reports via the web. CSI Tablets are sent to active floor plan inspectors.
    • Verifying the existence and accuracy of documents
    • Communicate with CSI from the site with inspection results

    Basic Skills / Requirements

    • Reliable transportation and willingness to regularly travel within 50 miles of home
    • Detail oriented
    • Strong communication skills, written and verbal
    • Highly organized
    • Dependable
    • Schedule flexibility – Weekday availability before 4:00 PM
    • Proficient with mobile technology (tablet, cell phone, etc.)
    • Adhere to strict confidentiality standards
    • Able to climb short distances (i.e., into a truck cab)
    • Ability to learn quickly and is a self-starter
    • Ability to follow complex procedures

    This is a part-time position; hours will vary based on customer order requests. Experience in the automotive or financial industry preferred. Our field representatives are compensated at competitive rates and are supported by an excellent staff of account specialists.

    Please submit a cover letter and resume expressing your interest in this position.

    More information is available, please submit your info through ZipRecruiter or on our website at https://www.csina.com/career/

    The above statements are intended to describe the general nature and level of work being performed by the individuals assigned to this position. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required of potential personnel. Collateral Specialists Inc. reserves the right to modify this job description at its discretion to meet and/or exceed the needs of the business.

  • 22 Days Ago

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Derivative & Collateral Operations Strategist
  • MassMutual
  • WORCESTER,MA, MA FULL_TIME
  • Derivative & Collateral Operations Strategist Collateral Management TeamFull-timeBoston, MA or Springfield, MA The OpportunityAs a Derivative & Collateral Operations Strategist you will work in a fast...
  • 1 Month Ago

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Derivative & Collateral Operations Analyst
  • MassMutual
  • SPRINGFIELD,MA, MA FULL_TIME
  • Derivative & Collateral Operations AnalystCollateral Management TeamFull-timeBoston, MA or Springfield, MA The OpportunityAs a Derivative & Collateral Operations Analyst you will work in a fast paced,...
  • 1 Month Ago

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Collateral Specialist II
  • Rockland Trust
  • Middleboro, MA FULL_TIME
  • The Collateral Specialist II performs all activities associated with the processing of collateral for paid loans.Position Responsibilities: This position is responsible for performing various duties a...
  • 20 Days Ago

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Business Analyst with Collateral, Capital Markets
  • Q1 Technologies
  • Quincy, MA OTHER,FULL_TIME
  • Excellent knowledge of Trade Flows, Security Reference & Market Data, Valuations, Benchmark Data, and designing end-to-end operational data flow architecture. Development experience in Collateral Mana...
  • 14 Days Ago

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Store Manager
  • Garage clothing-Store manager-Southshore-...
  • Braintree, MA FULL_TIME
  • Seize the opportunity to join a global fashion retailer with two brands at the heart of its success, Garage and Dynamite, selected as one of Montreal's Top Employers 2020 and as one of Canada’s Top em...
  • 15 Days Ago

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Collateral Management Associate
  • Jefferies Financial Group Inc.
  • Jersey City, NJ
  • Jefferies OTC Collateral Management Position: Collateral Associate The candidate for the Collateral Associate position m...
  • 4/18/2024 12:00:00 AM

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Collateral Analyst
  • Lenmar Consulting Inc
  • Chicago, IL
  • Title: Collateral Management Analyst Location: Chicago, IL Remote/Hybrid/Onsite: Onsite Position Type: Contract Duration...
  • 4/18/2024 12:00:00 AM

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Financial Services Operations Specialist
  • Chatham Financial
  • Overview: We don't simply hire employees. We invest in them. When you work at Chatham, we empower you - offering profess...
  • 4/18/2024 12:00:00 AM

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Credit Operations Analyst
  • The Global Edge Consultants
  • Magnolia, TX
  • Global Edge is an international staffing firm connecting projects worldwide with the industrys most talented project pro...
  • 4/18/2024 12:00:00 AM

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Collateral Analyst
  • Lenmar Consulting Inc
  • Chicago, IL
  • Title: Collateral Management Analyst Location: Chicago, IL Remote/Hybrid/Onsite: Onsite Position Type: Contract Duration...
  • 4/17/2024 12:00:00 AM

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Operations Analyst - Collateral Management.
  • Pyramid Consulting, Inc
  • Chicago, IL
  • Immediate need for a talented Operations Analyst - Collateral Management. This is a 06+ Months Contract opportunity with...
  • 4/17/2024 12:00:00 AM

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Collateral Management Team Member, Marlborough, Full-Time
  • Digital Federal Credit Union
  • Marlborough, MA
  • ** Collateral Management Team Member, Marlborough, Full-Time** **Job Category****:** Loan Services **Requisition Number*...
  • 4/17/2024 12:00:00 AM

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Entry Level Operations Analyst -
  • Russell Tobin
  • Salt Lake City, UT
  • Job Description Job Description Our client - a Fortune 100 investment firm in Salt Lake City, UT is looking for an Opera...
  • 4/16/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Collateral Manager jobs
$173,052 to $235,821

Collateral Manager in Champaign, IL
"Achieving an automated collateral program is a growing priority as managing margin becomes a larger and more complex challenge.”.
January 23, 2020
Collateral Manager in Mesa, AZ
In this case, the court may have read into the indenture’s waterfall provisions an affirmative obligation upon the collateral manager to act even if as a consequence it would suffer financial loss.
January 24, 2020
Collateral Manager in New Suffolk, NY
On the court’s reading of the indenture, the collateral manager did not have unfettered discretion to refrain from selling the aged defaulted securities.
February 19, 2020