Non Performing Loan Specialist
Location: Riverside, Rhode Island
Description: Citizens Financial Group is in need of Non Performing Loan Specialist right now, this job will be dwelled in Rhode Island. More details about this job opportunity please give attention to these descriptions. Responsibilities
The Non Performing Loan Specialist will prepare, review, and add commentary to Credit Risk and Compliance reporting for the NPL Department. Perform eq! uity analyses to determine if loan needs to be further written down to net realizable value. This person will monitor loans and identify the need to conduct new equity analysis. Coordinate the stale valuations process to ensure that current valuations are readily available. Provide oversight to accounting processes related to loan transactions. Ensure that financial data hits the appropriate accounts in the correct timeframe.
Familiar with internal and regulatory policy as well as GAAP (Generally Accepted Accounting Principles). Advise the NPL Manager of changes in market trends. Ensures that the department litigation issues tracking report is current. . Participates in special projects as requested
Knowledge of current real estate market trends to obtain information and determine equity, whether or not to foreclose and required charge offs.
Production of accurate reports supporting the charge off and equity analysis process based on information o! btained and housed
Direct vendors to secure data such! as valuations and senior lien amounts in order to determine equity and ensure that negotiated pricing and service levels are followed. Review the data supplied by the vendors for accuracy and takes corrective action or instruct the vendors to do so.
Qualifications
Proficient working knowledge of MS Access and Excel; able to work in databases, pull queries, create queries, and analyze data.
Ability to produce polished and informative reports.
Excellent verbal and written communication
Ability to work with multiple vendors (Valuation and Attorney providers, internal vendors)
Ability to multitask
Ability to work in a fast paced environment.
Experience with normal work environment equipment such as scanner, copier, phone, computer, calculator
Preferred Skills/Experience:
4-6 years of experience Residential Mortgage or Home Equity arena
Previous experience in Mortgage default or! underwriting with real estate market knowledge in areas of valuation and equity analysis or Other Real Estate Owned
Ability to analyze and recognize trends in a changing real estate market climate.
Working knowledge of state and federal regulations and GAAP.
Education, Certifications and/or Other Professional Credentials:
BA Degree preferred, but will consider 4-6 years of direct experience in lieu of degree
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday-Friday 8:00AM-5:00PM
Equal Employment Opportunity
It is the policy of RBS Citizens, N.A. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizens! hip, veteran or military status, marital or domestic partner status, or! any other factor protected by federal, state and/or local laws.
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If you were eligible to this job, please email us your resume, with salary requirements and a resume to Citizens Financial Group.
Interested on this job, just click on the Apply button, you will be redirected to the official website
This job will be started on: Sat, 25 May 2013 02:50:54 GMT
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