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AVP/Collateral Manager

Posting Date: 09/14/2020
Location: San Jose, CA
Department: Loan Support Services

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. 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. Bachelor's degree (B. A.) from four-year college or university; or five years related experience and/or training; or equivalent combination of education and experience.

Primary Responsibilities:

Coordinate along with the LSS Management Team members the ongoing management activities inherent in the following major functions:

Collateral Control and Safekeeping, which includes regularly monitoring and reviewing all loan collateral processes including flood tracking to determine adequacy of tracking processes and systems. As well as managing, enhancing and maintaining the bank's Documentation Exception Reporting and Tracking system on ITI, monitoring for compliance, credit policy and regulatory exceptions as well as collateral-related documentation exceptions. Manage the processing of all pertinent dates accurately into the system. Manage and monitor the issuance clearance and/or waiver of the exceptions.

Education and Training, which includes maintaining and revising, periodically, the LSS Procedure database and all collateral control/construction disbursement forms. Disseminate update or revisions throughout the LSS department and if applicable the organization. Manage to ensure staff is properly trained and cross-trained to perform their function. Ensure on-line training is taken within the time allotted. Interface with credit analysts, branch construction lending staff, lending personnel, loan documentation and operations staff, and construction loan customer as deemed necessary.

Auditing and Security, which includes maintainin security controls within the LSS department, ensuring that access keys are properly assigned. As well as Maintaining the LSS department's Disaster Recovery Manual, keeping it up to date as staffing, processes and procedures change. Ensure the call trees are practiced on a quarterly basis. Ensure the disaster recovery supply boxes are maintained and updated as applicable. Oversee the audits by providing assistance, monitoring their activities, responding to their inquiries and distributing various exceptions for correction

Summary:

Manage the loan portfolio to ensure the bank's collateral position is in compliance with applicable credit policies, state and federal regulations. Manages the collateral control functions ensuring the collateral is maintained and safe kept in a secure, accurate and organized manner. Manages the functions associated with collateral control such as clearance of documentation exceptions, paid loan processing, construction loan draws, UCC Continuation preparation and termination, hazard and flood insurance. Effectively interact with lending personnel, upper management and regulatory agencies. Provides technical support and direction to the Collateral Control staff.

Benefits include competitive salary, bonus plan, medical, dental, group life & long term care insurance, vision care reimbursement, 401(k), and tuition reimbursement program, and a health club allowance.