Carter Bankshares
Martinsville, VA
SUMMARY : Secured Credit Analyst carries out the Secured Credit mission of independently monitoring collateral and approving advances on certain loans within the Commercial Banking portfolio: (i) Construction Loans, (ii) revolvers secured with trading accounts (Secured Lending) and (iii) lines secured by marketable securities. The Analyst must interpret loan approvals and loan documents to determine the conditions of funding. The Analyst must analyze documents supporting advances including American Institute of Architecture (AIA) certificates, inspection reports, borrowing base reports, Accounts/Receivable aging schedules, brokerage statements, etc. to determine funding availability and identify risks to the bank. ESSENTIAL JOB FUNCTIONS : Order and review appraisals, environmental assessments and property condition assessments. Work with Appraisal Management Firms (AMFs) to coordinate the ordering and review of appraisals, as well as maintaining approved...