Position Description:
If you are looking to make an impact in your community and your career, look no further! Central National Bank is looking to add a Financial Spreads & Appraisal Review Analyst to our team!
Perks:
We provide our full-time team members with access to a wide variety of benefits including:
- Paid Leave (Vacation, Personal, Sick)
-
Paid Holidays
-
Paid Volunteer Time
-
401K & Generous Match (subject to eligibility requirements)
- Health Insurance
-
Dental, Vision, Short-Term Disability, Long-Term Disability, Cancer Insurance, and more!
The Role:
As a Financial Spreads & Appraisal Review Analyst, you will be playing a key role in providing support equally two credit administrative functions that are relevant to commercial/agricultural lending. You will fund the spreading of financial statements and tax returns of customers and prospects into a computer program for use by lenders in management in making lending decisions. You will also order, schedule, and receive appraisals/evaluations and perform appraisal reviews for properties (commercial, agricultural, residential) in accordance with Bank and legal regulations (including state and federal).
Other Key Functions:
- Spreading financial statements and tax returns based upon information provided by lender(s) on behalf of customers & prospects.
-
Communicating with lender(s) as well as informing lender(s) if additional information is necessary to complete the spreads.
- Generating financial ratios to evaluate customers' financial status.
-
Coordinating with other department employees and ensuring financial statements and tax returns are imaged to the credit file and financial ticklers are appropriately updated
-
Communicating with appraisers on Approved Appraisers' list to determine availability to perform appraisal assignment.
-
Scheduling appraisals and monitoring report return dates.
-
Maintaining current spreadsheet of appraisal order requests.
-
Receiving appraisal reports and completing internal review of appraisals; request updates from appraisers as needed.
- Coordinating with A/P to ensure timely payment of appraisal invoices.
- Reviewing commercial, agricultural, and/or residential appraisals and write administrative reviews.
- Requesting any appraisal corrections deemed necessary, monitoring return dates for corrections.
- Communicating with appraisers/AMC's to obtain clarification and additional supporting explanations and/or data as deemed necessary.
-
Assisting in maintaining a quality control system that evaluates and monitors the ongoing performance of appraisers.
-
Making recommendations to management regarding the continuation, limitations, or removal of an appraiser from the approved appraiser list.
-
Providing support to all areas of the Credit Administration Division demonstrating superior customer service with appropriate follow through with involved appraisers and employees.
- Handling customer and loan officer inquiries on loans and/or collections of a deposit account.
-
Conducting problem resolution and communicate with officers or customer(s) on the findings.
-
Running daily query of posted DDA charged off deposits.
-
Generating and mailing DDA 30 day collection notice and mail prior day letters
-
Posting monthly payments from CBCS and balancing this clearing account.
-
Reporting charged-off deposit accounts to Chex Systems, forwarding the necessary account(s) to Collection Agency.
-
And more!
Qualifications:
By now, you are probably wondering what we are looking for in candidates. Qualified candidates should:
- Have 2 to 5 years of similar or related experience with credit administration, loan operations, finance, or other banking-related fields preferred.
- Hold a college degree specifically in accounting or business-related field.
- Maintain a basic understanding of accounting concepts including GAAP.
-
Demonstrate a commitment to detail-orientation and exhibit great customer service skills.
Next Step:
Now, if you are ready for the next step in your career, head on over to centralnational.com/careers to complete a quick application. A member of our team will review your application and if your qualifications match up, we will be in touch to discuss the next steps!
Equal Opportunity Employer/Veterans/Disabled
