Collateral Review Specialist — Hybrid Role

Federal Home Loan Bank of Des Moines; Washington; Hybrid; USD 73,000 - 86,000; Full time

Benefits offered by this job

Hybrid work schedule

11 paid holidays

5 weeks of PTO

401(k) match

Job summary

Federal Home Loan Bank of Des Moines is seeking a professional to perform the Bank’s field review processes, including verification of pledged loans and collateral for members. The role supports Relationship Managers and handles inquiries about collateral, while contributing to special projects and broader bank objectives.

The candidate should have 3–5 years in mortgage/banking, strong Excel/Word skills, and effective communication, with a drive for independent or collaborative work.

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.

Responsibilities

• 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.

Skills

Interpersonal skills

Customer service

Communication skills

Teamwork / collaboration

Independent work

Education

Bachelor’s degree in business or finance

Tools

Excel

Word

Software interfaces

Job description

Federal Home Loan Bank of Des Moines is seeking a professional to perform the Bank’s field review processes, including verification of pledged loans and collateral for members. The role supports Relationship Managers and handles inquiries about collateral, while contributing to special projects and broader bank objectives.

The candidate should have 3–5 years in mortgage/banking, strong Excel/Word skills, and effective communication, with a drive for independent or collaborative work.