Property and Collateral Inspector

Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits .

Position is located at 4140 S Fremont, Springfield, Missouri.

Position is Monday through Friday 8 am to 5 pm with the ability to work additional hours as needed.

SUMMARY: Under the supervision of the assigned manager, the Property and Collateral Inspector supports the loan department functions including but not limited to property and collateral inspections, construction inspections, and floor plan checks. The incumbent inspects properties and/or collateral on loans within assigned authority to document condition, marketability. The incumbent will take photos and generate/compile various reports for the lenders’ review.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Drive to various sites for field inspections; take pictures of the subject real estate property, surrounding area, construction sites, floor plans and/or collateral.
• Generate/compile a report of data collected to enable the lender to review subject property, monitor construction progress, floor plans, and/or collateral. Detailed notes and comments of property and/or collateral condition, floor plan missing inventory and/or exceptions derived from the field site inspection will be included on the Inspection Report.
• Review blueprints and/or other available subject documents. Take pictures of the construction site to document construction progress and provide information for subsequent Inspection Report.
• Complete the Inspection Report to be used by the Appraisal Review Department.
• Generate/compile a progress report to enable the lender to monitor the construction progress and to ensure construction draws do not significantly exceed construction progress.
• Respond to questions from lenders regarding Inspection Reports and/or construction progress reports.
• Ensure physical inspections and inspection reports are conducted on a surprise basis for loans with a floor plan line of credit.
• Conduct real estate title searches through circuit courts.
• Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
  
  
  

TEAM ACCOUNTABILITIES:

• Cross-sell other services of the bank.
• Support and uphold the Arvest Mission Statement.
• Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded.
• Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
• Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the bank's overall operation.
• Promote professionalism at all times.
  
  
  

QUALIFICATION REQUIREMENTS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE:

• High school diploma or general education degree (GED) required.
• 1 year knowledge of real estate and 1 year knowledge of construction required.
• Knowledge of deeds and legal descriptions preferred.
• Previous experience in a lending related field preferred.
• Proficiency in Excel preferred
  
  
  

OTHER SKILLS AND ABILITIES:

• Must possess a valid driver’s license
• Must possess the ability to read blueprints
• Must possess the ability to fill out forms showing actual level of construction completion which includes estimating the percentage complete of each construction component and/or phase
• Must possess the ability to navigate the county based on both maps and GPS devices
• Must possess basic math skills including the ability to calculate percentages and dollar amounts
• Must be able to arrive at work on time, work on site and have regular work attendance.
• Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
• Must be able to provide cordial customer service regardless of customer personality, presence or communication style
• Must be able to perform several tasks at once
• Must be able to work in a stressful atmosphere
• Must be able to rotate job tasks
• Must be able to occasionally work overtime
• Must be able to greet others cordially
• Must be able to coordinate multiple and changing priorities
• Must be able to verbally communicate with all other associates
• Must be able to operate telephone, scanner, copier and FAX machines
• Must be able to move from department, division, or bank to department, division or bank to attend meetings
• Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation
  
  
  

PHYSICAL DEMANDS:

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

While performing the duties of this job, the associate is regularly required to sit, talk, and hear, and use hand to finger, handle or feel objects/ controls. The incumbent is occasionally required to stand, walk, and reach with hands and arms.

The associate must occasionally lift and/or move up to 25lbs.

Specific vision abilities required by this job include close vision, color, and the ability to adjust focus.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

The associate is frequently subjected to outdoor weather conditions and potentially hazardous construction sites.

The noise level in the work environment ranges from a quiet office environment to loud construction sites.

Grade 12

Pay Range: $19.46 - $23.11 per hour