Senior Appraisal Analyst

Truist Financial; Orlando (FL); On-site; USD 58,000 - 90,000; Full time

Job summary

Truist Financial in Orlando, FL is seeking a Mortgage Collateral Underwriter to review property valuations and ensure compliance with Federal/State law and Truist risk policy. The role involves verifying collateral value for loans secured by real estate and maintaining portfolio quality.

Responsibilities include detailed collateral reviews, maintaining understanding of Mortgage Lending products, obtaining required documentation, and communicating with departments to meet pipeline metrics.

Qualifications

• Four years or more of mortgage or consumer loan underwriting experience.
• Three years of continuous collateral review experience.
• Excellent communication skills, both written and verbal, in relating to internal and external clients.
• Proficiency in basic computer applications such as Microsoft Office.
• Ability to travel, occasionally overnight.

Responsibilities

• Successfully use critical thinking and analytical skills to review collateral.
• Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
• Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
• Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
• Identify and determine next steps for collateral issues that have been escalated.
• Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
• Adhere to all compliance regulations and controls.
• Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
• Cultivate relationships with peers as a peer mentor.

Skills

Mortgage underwriting

Collateral review

Communication skills

MS Office

Travel ability

Education

Bachelor's degree or equivalent education

Tools

Mortgage processing systems

Appraisal tools

Excel

Job description

Regular or Temporary:

Regular

Language Fluency:

English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for reviewing property valuations to ensure compliance Federal/State law and Truist risk policy to ensure that loans secured with real estate are protected with adequate collateral value.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• 1. Successfully use critical thinking and analytical skills to review collateral.
• 2. Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their collateral requirements.
• 3. Obtain required collateral documentation per program requirements from internal clients, external clients, vendors, and third-party sources.
• 4. Perform detailed review of all collateral documentation to ensure that loans meet portfolio and investor guidelines.
• 5. Identify and determine next steps for collateral issues that have been escalated.
• 6. Consistently communicate with other departments and sales to ensure pipeline metrics and quality guidelines are met.
• 7. Adhere to all compliance regulations and controls.
• 8. Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
• 9. Cultivate relationships with peers as a peer mentor.

QUALIFICATIONS

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Required Qualifications:

• 1. Four years or more of mortgage or consumer loan underwriting experience
• 2. Three years of continuous collateral review experience
• 3. Excellent Communication skills, both written and verbal, in relating to internal and external clients
• 4. Demonstrates proficiency in basic computer applications such as Microsoft Office software products
• 5. Ability to travel, occasionally overnight

Preferred Qualifications:

• 1. FHA DE (CHUMS) / VA SAR/LAPP
• 2. Understanding of appraisal compliance and generally accepted appraisal rules
• 3. Experience with using appraisal and market evaluation tools
• 4. Demonstrates proficiency in mortgage automated processing systems
• 5. Basic knowledge of bank services and products
• 6. Bachelor's degree, or equivalent education and related training

The annual base salary for this position is $58,000 - $90,000.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truists generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truists defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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