Real Estate Collateral Specialist

UNITED COMMUNITY BANK; Cleveland Forest (SC); On-site; USD 26,000 - 39,000; Full time

Job summary

UNITED COMMUNITY BANK is seeking a Real Estate Collateral Specialist to manage loans secured by real property and onboard collateral to the core system, ensuring compliance with bank processes and regulators.

You will process complex collateral boarding, perform loan research, gather documents like appraisals, title work, and maintain data accuracy while collaborating with relationship managers and lender teams.

Qualifications

• Education: High School Diploma or equivalent.
• Experience: 3+ years collateral servicing or real estate documentation experience.
• Knowledge of real estate documentation such as appraisals and tax cards.
• Knowledge of federal and state banking regulations.

Responsibilities

• Handle complex collateral onboarding and maintenance tasks with judgment and discretion.
• Process complex collateral boarding and maintenance requests per guidelines.
• Input loan collateral information into core system with accuracy and timeliness.
• Ensure collateral identification data accuracy in the system.
• Collaborate with Customer team to resolve collateral-related issues.
• Communicate with relationship managers, credit partners, and vendors as needed.
• Provide ongoing support for real estate collateral issues.
• Adhere to bank policies and procedures.

Skills

Communication

Critical thinking

Regulatory knowledge

Organization

Multitasking

Lender liaison

Education

High School Diploma or equivalent

Associate or Bachelor’s degree

Tools

Microsoft Outlook

Microsoft Word

Microsoft Excel

Job description

Overview

The Real Estate Collateral Specialist will play a critical role in managing the Bank’s loans secured by real property collateral. The Specialist is responsible for accurate onboarding of real estate collateral to the core system to ensure compliance with bank processes and regulatory requirements. The Specialist will ensure that all requested collateral maintenance is completed in an accurate and timely manner.

What You’ll Do

• Performs complex and/or non-routine administrative tasks exercising significant judgment and discretion in the performance of duties related to the ongoing oversight and management of the Bank’s real estate collateral
• Process complex and non-standard collateral boarding and maintenance requests, and complete complex loan research in compliance with Bank, regulatory and investor guidelines
• Gather, interpret, and transcribe complex and non-standard information and/or related files to ensure loan boarding packages are input into core system according to bank, regulatory and investor guidelines. Documents reviewed may include loan approval forms, appraisals, title work, insurance, and all other requirements necessary to properly perfect our collateral position.
• Ensures data accuracy in system of record as related to collateral identification
• Collaborate with the Customer team to resolve problems related to our collateral properties
• Communicate with relationship managers, credit partners, vendor personnel, and others, as appropriate, to ensure bank is properly protected and collateral is properly identified
• Provide on-going support to internal partners, as needed, for issues related to real estate collateral
• Adhere to Corporate and Loan Operations policies and procedures as prescribed
• Exemplify behaviors in alignment with the bank’s vision, mission, and culture; exhibit professionalism at all times
• Provide world-class service to internal and external clients with a sense of urgency and positive attitude
• Demonstrate exceptional organization and time management skills and ability to balance competing priorities to meet multiple deadlines

Requirements For Success

Education:High School Diploma or equivalent

Experience:

• Experience with retail and commercial lending regulations and policies
  • Minimum 3 years of collateral servicing, loan operations, or real estate documentation experience
• Knowledge of real estate related documentation such as appraisals and tax cards

Required Skills:

• Strong verbal and written communication skills are required
• Ability to think critically and solve problems with guidance
• Knowledge of federal and state banking regulations
• Extremely organized and detail-oriented with ability to handle multiple priorities and complete tasks/projects to meet deadlines
• Ability to work in a fast-paced environment with minimal supervision
• Ability to effectively communicate with lenders and LOAs in all lines of business

Preferred Skills:

• Associate or bachelor’s degree in business or a related field
• Working knowledge of Microsoft Outlook, Word, and Excel

Conditions of Employment

Position requires schedule flexibility to work evenings and weekends as needed.

This position requires up to 5% travel.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Pay Range

USD $18.63 - USD $27.82 /Hr.