Collateral Operations Analyst II
Company: Disability Solutions
Location: Des Moines
Posted on: April 19, 2024
Job Description:
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.Analyze, evaluate, measure and report
on processes and controls of all collateral pledged to support
member credit exposures. Ensure compliance with policies,
procedures and regulations while promoting efficient, effective
end-to-end collateral processes to support the Bank's business
model and the members it serves. Contribute to a variety of
projects and activities that support continuous process improvement
for the Bank.Accountabilities:Key Responsibilities:
- Evaluates pledges and releases of loan and securities
collateral for acceptability, including municipal security
evaluation and pricing.
- Manages one-off situations from investigation to resolution,
including escalating when appropriate.
- Coordinates across departments to drive completion of projects
and other Bank initiatives with a focus on continuous
improvement.
- Reviews member requests to determine the course of action which
best facilitates a solution to the member's need.
- Monitors, identifies, and reports any member collateral
deficiencies. Works with the member to correct the
deficiencies.
- Reviews collateral data received from members to create reports
for the Collateral Manager and senior management.
- Act as subject-matter expert on Collateral Operations.
- Understands and evaluates applicable Bank policies, procedures,
and regulations ensuring the team maintains compliance while
executing job duties.
- Provides excellent service to internal and external customers
by responding to requests for service and choosing the appropriate
method for communicating with members and co-workers.
- Ensures business activities are in line with Strategic Business
Plans.
- Assists with management of team internal controls and
regulatory issues via thorough evaluation and providing feedback as
necessary to management.
- Reconciles collateral subject to subordination with other
creditors as necessary.
- Onboards members for eNotes and maintains information in the
eVault and MERS eRegistry.
- Other duties and projects as assigned.Requirements:
- Bachelor's degree in an accounting, finance, business or
math-related fields, or equivalent experience in a financial
services field.
- Three years of experience with mortgage lending documentation
(residential, commercial, and/or agricultural) or equivalent.
- Experience working with securities.
- High attention to detail; inquisitive mind-set.
- Strong written and verbal communication skills.
- Ability to engage others respectfully, self-motivate and has
strong organization and presentation skills.
- Strong PC skills, including proficiency using Microsoft
Windows, Word, Excel, and SQL.
- Ability to work independently and change focus as the business
need may dictate.
- Ability to work collaboratively with other staff and other Bank
departments.
- Ability to positively engage, self-motivate, and possesses a
strong desire to learn.
- Demonstrated ability to foster a work environment that values,
welcomes, respects and honors all dimensions of
diversity.Compensation Range:Annual Salary: $62,000.00 -
$70,000.00This 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 .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.
Keywords: Disability Solutions, Des Moines , Collateral Operations Analyst II, Professions , Des Moines, Iowa
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