Collateral Review Officer

Univest Financial Corporation (UVSP), has approximately $8.1 billion in assets and $5.2 billion in assets under management and supervision (as of December 31, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2024, Univest donated $2.1 million to our local nonprofits and our employees volunteered more than 16,000 hours.

At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.

We're hiring a Collateral Control Specialist to join our Credit Policy Team.

Responsible for analyzing the sufficiency of appraisal and environmental reports used to support lending decisions and determine if they meet requirements from regulatory compliance and lending policy perspectives. Maintain proficiency by staying current on regulatory and professional standards, including USPAP that may impact real estate valuation and environmental assessment.

Perform real estate valuation functions as required, in accordance with the Real Estate Appraisal Policy. Compile ongoing data with regard to local real estate sales, capitalization rates, and current or impending market trends that could influence values.

Establish and maintain a systematic approach to managing all appraiser relationships, the assessment of appraiser eligibility (approved appraisal list), the tracking of appraisal assignments, receipt of appraisal reports, and the recording of actual appraisal results for future database research and local real estate sale data. Produce periodic reports for line and credit consumption on topics such as construction portfolio performance and capitalization rate trends.

Contribute to the the efficient and effective operation of the Collateral Review Department to prevent the compromise of Univest's collateral position.

Perform additional duties as required.

Bachelor's degree preferably in Finance, Economics, Accounting or a related discipline.

Minimum 10 years' experience in either a bank CRE finance or real estate appraisal environment with proficiency in property valuation and environmental assessment.

Experience in all aspects of real estate appraisals and environmental disciplines. Must demonstrate organizational, analytical and research skills as well as the ability to conceptualize issues, adhere to Bank policy and procedure, and offer guidance to line and credit staff.

Strong analytical and written communication skills required and must be able to support department objectives.

Member of Appraisal Institute (MAI) or Licensed General Appraiser designation preferred

Wage Range:

The salary for this position ranges from $75,000 to $100,000

Benefits Overview:

Univest offer's a comprehensive benefits package that includes:

• Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
• Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
• Paid Time Off (PTO): 15 days annually (prorated your first year)
• Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
• Holiday Time Off: 11 paid holidays
• We offer company paid life insurance: as well as other supplemental insurances
• Tuition reimbursement
• Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
• Discounts: on loan products
• Professional development trainings

Click here for Benefit Information

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An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.

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