Central Bancompany Columbia , MO 65201
Posted 1 week ago
POSITION PURPOSE:
Responsible for monthly of review collateral properties under construction or major renovation, providing monthly status updates to officers, identification and reporting construction progress as well as statistical information related to the construction portfolio. Responsible for monthly floor plan audits, identification and reporting of audit findings as well as follow up to keep floor plan lines in balance and mitigate risk.
DUTIES, SCOPE, RESPONSIBLIITIES & AUTHORITY:
Performs monthly inspections of all properties held as collateral that are under construction or undergoing extensive renovations. Produces and delivers monthly inspection reports to applicable lending officers with the status and progress of properties inspected, including photographs.
Maintains and updates list of properties requiring inspection. Produces monthly statistical reports for management and board reporting relating to the construction portfolio. Performs monthly floorplan audits.
Produces and distributes audit reports to applicable lending officer. Photographs properties in delinquency, properties that have had insurance claims, as well as those on which the bank is completing valuations. Responsible for the imaged document destruction for all newly originated Installment and Commercial loans as well as trailing documents.
Files original Promissory notes for retention. Responsible for accurate recording in the real estate records of all deeds of trusts and mortgages. Also searches the real estate records to produce internal letter reports as requested.
Performs other duties as assigned and depending on volume of work. Responsible for compliance with all banking regulations which are applicable to the job, including Bank Secrecy Act and information security initiatives.
Central Bancompany