Loan Collateral Analyst - Harrisburg, PA

Loan Collateral Analyst

A great banking experience starts with a great team! Mid Penn Bank is actively seeking a Loan Collateral Analyst to join our team in Harrisburg, PA.

We believe that our ongoing success depends upon a skilled, satisfied, and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being. Our inclusive culture encourages all employees to share ideas, collaborate, and contribute to the values that make us a winning team for our customers, shareholders, and communities.

Position Overview

The Collateral Analyst is responsible for monitoring collateral for loans to ensure adequate collateralization of properties is maintained and the bank's interests are protected. This individual will review various collateral items for accuracy and completeness. In addition, the Collateral Analyst will prepare and process collateral documentation. This individual will provide support for internal and external customers and team members and must fully demonstrate the organization's Unwavering Service Standards.

Essential Duties and Responsibilities

• Reviews collateral data input to the core banking system and makes appropriate updates as needed.
• Reviews and forwards mortgages, UCC-Financial Statements, titles to appropriate vendors for recording with applicable entities.
• Reviews and forwards insurance documentation as it applies to collateral for adequate coverage.
• Prepares payoff requests, ensuring all appropriate fees and balances are disclosed to the customer.
• Prepares satisfaction pieces according to established procedures.

Ancillary Duties

• Performs tasks, which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.
• Regular and predictable attendance is required.

Education & Qualifications

• A high school diploma or equivalent.
• A minimum of one (1) year related experience normally required.
• Familiarity with various types of loans preferred.
• Banking experience strongly preferred.

Skill(s)

Strong analytical skills and attention to detail; proficient organizational skills; moderate reading, writing, grammar, and mathematics skills; good interpersonal relations and communicative skills; moderate typing and PC skills, including knowledge of Microsoft Excel, Access, and Word; loan processing; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less; visual, auditory, and speaking skills.

Pay Transparency

We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

Benefits

Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.

In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.

EEO Statement

Qualified applicants are considered without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, genetic information, pregnancy, disability, or protected veteran status. We also comply with all applicable laws governing employment practices and do not discriminate on the basis of any unlawful criteria.

Equal Opportunity Employer–Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Mid Penn Bank currently or in the future.