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United Bank of Southwest Alabama & Northwest Florida · 16 hours ago

REETAC Specialist

Loxley, AL

Full-time

Onsite

Mid Level

3+ years exp

United Bank of Southwest Alabama & Northwest Florida is a community bank founded in 1904, serving various sectors with a focus on community-centered banking. The REETAC Specialist is responsible for third party due diligence and construction monitoring for commercial real estate transactions, ensuring compliance with company policies and regulatory requirements.

BankingCommercial LendingFinancial Services

Responsibilities

Responsible for third party due diligence and construction monitoring for commercial real estate transactions

Work with lenders to obtain, and review required third party diligence items to properly monitor, document, and secure commercial real estate transactions and construction projects; ensuring compliance with established company policies, industry standards, sound risk management practices, and regulatory requirements

Qualification

Real estate experienceReal estate appraisalTitle documentation knowledgeLoan origination systemEnvironmental assessmentsOrganization skillsProject management

Required

3+ years of experience in real estate-related work environment; title company, land management; real estate agency, appraisal or land surveying office, financial institution, or related setting

1+ years experience utilizing a loan origination or loan processing system

Understanding of real estate appraisal methodologies, industry standards, and regulatory requirements (like USPAP and FIRREA)

Knowledge of real estate title documentation such as title insurance commitments and policies, ownership conveyance documents, surveys, mortgages, real estate construction process including budgeting, cost analysis, contractor qualification review, and construction draw review

Ability to review environmental assessments for accuracy and completeness

Strong organization skills, ability to manage multiple projects, and meet deadlines

High school diploma or equivalent