Senior Loan Review Analyst

Federal Home Loan Bank of Atlanta; Atlanta (GA); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Federal Home Loan Bank of Atlanta is seeking a Collateral Risk Analyst to evaluate mortgage loan collateral across residential, multi-family, CRE, HELOC/second, and farmland portfolios. You will ensure compliance with Bank policies and provide guidance to junior staff.

The role requires strong mortgage underwriting knowledge, attention to detail, and proficient use of Excel and Word. Travel, including overnight stays, is expected, and onsite work with partial remote flexibility is available.

Qualifications

• Bachelor’s degree in finance, accounting, or real estate with a minimum of six years in residential/commercial real estate analysis, lending or underwriting is required.
• Master’s degree is preferred.

Responsibilities

• Evaluate and underwrite mortgage loan collateral including residential, multi-family, CRE, HELOC/second, and farmland loans to ensure quality and policy compliance.
• Lead department meetings to identify process weaknesses and recommend improvements.
• Develop and maintain financial spreadsheets, models, and collateral software systems for analysis and monitoring.
• Review work by third-party contractors and guide delegation and prioritization of collateral verification reviews.
• Provide guidance to junior Collateral Risk Analysts on policies and practices.
• Interact with member institutions daily to interpret collateral policies and asset eligibility.
• Conduct exit meetings with senior management summarizing verification findings.
• Assist management in formulating bank policies and procedures.
• Assist in developing systems/software to analyze and monitor member financial data and collateral information.

Skills

Mortgage loan evaluation

Underwriting

Detail-oriented

Excel/Word

VPN experience

Communication

Travel (overnight)

Education

Bachelor’s degree in finance/accounting/real estate

Master’s degree preferred

Tools

Microsoft Excel

Microsoft Word

Job description

Compensation Grade: 11

ESSENTIAL FUNCTIONS:

• Prepares and participates in the evaluation of all mortgage loan collateral pledged to the Bank, including residential loans, multi-family loans, commercial real estate loans, HELOC/second, and farmland mortgage loans to evaluate loan quality and eligibility, and to ensure compliance with Bank policy, procedures, and regulations.
• Demonstrates leadership abilities through active participation in departmental meetings including identification of process weaknesses with recommendations for improvement.
• Participates in the development, design, enhancement, and maintenance of comprehensive financial spreadsheets, models, and collateral-related software systems to facilitate the analysis and monitoring of the Bank’s collateral.
• Reviews the work of third-party contractors and provides directional leadership regarding delegation and prioritization of work as it relates to collateral verification reviews.
• Provides guidance to less experienced Collateral Risk Analysts in Collateral Services department policies, procedures, and practices.
• Interacts with member institutions daily regarding the eligibility of various assets as collateral and provides members with guidelines and interpretation of the Bank’s collateral policies.
• Conducts exit meetings with senior management of member institutions summarizing collateral verification review findings.
• Assists management in formulating Bank policies and procedures.
• Assists in the development of system and/or software programs to facilitate the analysis and monitoring of member financial data and collateral information.

KNOWLEDGE, SKILLS, ABILITIES:

• Requires a strong knowledge of evaluating and underwriting mortgage loan files including loan documentation.
• Requires a highly detail-oriented individual with the ability to manage multiple projects with minimal supervision.
• A thorough knowledge of Microsoft Excel and Word, as well as practical experience utilizing VPNs.
• Strong communication, presentation, and problem-solving skills.
• Position does require travel with some being overnight.

MINIMUM REQUIREMENTS

• A bachelor’s degree in finance, accounting, or real estate, and a minimum of six years of work experience in the analysis of residential or commercial real estate, lending, or underwriting, with specific experience in loan documentation, appraisal review, due diligence or the equivalent combination of education and experience is necessary.
• A master’s degree is preferred.

Work Location:

• This individual must reside within commuting distance from our Atlanta, GA office.
• This position may not be filled in New Jersey, either in-person or remotely.

Work Schedule:

• Onsite with an opportunity to work remote partially.

Visa Sponsorship:

• Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

We are an equal opportunity employer.

FHLBank Atlanta is committed to recruiting uniquely talented and innovative individuals who have the vision, skills, background, and desire to succeed in a challenging environment. Whether you're at the beginning of your career or making a career change, the Bank offers a number of rewarding opportunities.

In addition to an excellent work environment, the Bank offers its employees a flexible, highly competitive benefits package. For more information, please download our Summary of Benefits.