Commercial Real Estate Specialist at Redstone Federal Credit Union in Huntsville, Alabama

Job Description:

Job Description Summary

Under the leadership of the Manager Loan Administration, responsible for providing commercial real estate expertise to lending staff in regards to real estate documents, construction loan activity and OREO related matters; provides consultative service to lending staff regarding real-estate lending options, assessing and evaluating commercial real estate risk.

Job Description

Essential Duties and Responsibilities

• Conducts pre-closing file reviews for accuracy regarding real estate required documentation. Reviews include but not limited to accuracy of terms, lien position, title commitment, appraisal and environmental reports.


• Services business loans with construction and development exposure; inspects construction plans and site to determine feasibility of project; performs progress inspections during and after construction; coordinates activities with 3rd party inspectors when needed; recommends construction draws and disbursements.


• Perform field visits as necessary, assist in the acquisition and liquidation of business collateral as requested.


• Makes recommendations for and develops relationships with other third party vendors, including but not limited to; attorneys, auctioneers, environmental specialists, real estate brokers, real estate inspectors, etc.


• Oversee the liquidation of all commercial OREO properties for RFCU. Ensures properties are properly maintained while in OREO status; provides recommendation concerning the liquidation and disposition of OREO; negotiates contracts; generates monthly tracking reports for all types of OREO, and delivers these to management and executives of RFCU.


• Ensures departmental compliance with policies, procedures and regulations regarding real estate risk; recommends changes to liquidation and business loan strategies and policies.


• Interacts with other departments and vendors to research and resolve problems and provide requested information.


• Promotes the Credit Union by participating in community involvement and special events.

Company Wide Expectations

• Maintains a professional image and demeanor at all times, consistently demonstrating Credit Union RISE Values and adhering to the Code of Ethics.


• Delivers friendly, caring service to internal and external members.


• Complies with all applicable State, Federal and NCUA rules and regulations and all Credit Union policies and procedures.


• Follow all physical and online security procedures and maintain strict confidentiality of all member information.


• Completes all required regulatory and compliance training and maintains required knowledge of Credit Union products and services.


• Works scheduled hours and maintains punctuality.


• Performs other related duties as assigned or requested.

EDUCATION/EXPERIENCE

To perform this job satisfactorily, an employee must be able to carry out each essential duty competently. The requirements listed below are representative of the education, experience, skills and abilities required. An equivalent combination of education and experience may be considered.

Education Requirements

4 Year / Bachelors Degree - Relevant Discipline or three years experience in real estate-secured lending - Required

Experience Requirement

3 Years - Commercial real estate experience - Required

SKILLS/ABILITIES

• Effectively apply internal and external customer service practices and processes to meet quality service standards and achieve member satisfaction.


• Learn and apply information, on a wide range of Credit Union products, services and regulatory compliance requirements, in order to assess member situations and develop solutions.


• Resolve problems utilizing advanced knowledge and experience.


• Use logic, reasoning and mathematical skills to solve practical problems and make sound decisions.


• Communicate in a professional manner and deliver information clearly and effectively. Actively listen to questions, opinions and ideas of others. Use tact and diplomacy in sensitive and confidential situations.


• Use correct English including spelling, grammar and punctuation.


• Operate computers and use business software and other standard office equipment.


• Ability to safely drive and operate an automobile


• Understand and follow written and oral instructions.


• Set priorities and manage one’s own time effectively.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by employees to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements

• Intermittent standing, sitting, walking, bending and climbing.


• Using hands repetitively to handle, feel or operate computers and other standard office equipment.


• Reaching with hands and arms.


• Intermittent lifting and carrying up to 25 pounds.

WORK ENVIRONMENT

An employee in this job will experience the following main work environments, others not listed may also be encountered on occasion.

Works in general office environment in a financial services facility.

Redstone Federal Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status or status as an individual with disability. All qualified applicants will not be discriminated against on the basis of disability.

We are proud to be a Drug-Free and Tobacco Free Workplace.

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