Collateral Review Specialist

Collateral Review Specialist –
Royal Credit Union

Join a team that stands for making a difference, doing the right thing, and taking ownership. Royal Credit Union seeks energetic, caring professionals who want to create a positive impact in the lives of our Members.

• Member and Community Focused – dedicated to enriching lives and fostering growth.
• Supportive Environment – collaborative, values‑driven workplace that evolves continuously.
• Professional Growth – numerous training and advancement opportunities.
• Empowerment – your ideas and contributions are valued and encouraged.
• Community Involvement – engage locally through initiatives and events.

The role serves as the organization’s subject‑matter expert on real estate valuation, overseeing all collateral within Royal Credit Union’s business lending department.

Responsibilities include:

• Managing commercial and residential appraisal processes, including third‑party vendors.
• Supporting as a reviewer and escalation point for complex appraisal issues.
• Overseeing environmental due diligence to ensure proper risk assessment and mitigation.
• Performing internal commercial real estate (CRE) and non‑CRE evaluations.
• Managing construction loan administration.
• Managing flood hazard coverage and determination processes.
• Maintaining compliance with credit union policies, procedures, and regulatory guidance on appraisal independence.
• Communicating effectively with external/internal customers and third‑party vendors.

• Compensation: Salaried position; candidates with significant experience may earn higher. Pay depends on location.
• • WI range: $97,200 – $111,800
  • MN range: $110,900 – $127,600
• Benefits: Comprehensive medical, dental, and vision insurance; 5% 401k employer match; paid family and sick leave; vacation and sick time accruals; childcare reimbursement; tuition and student loan debt assistance; pet insurance; and more.

• High School Diploma or Equivalent
• Seven (7) years of commercial and residential real estate appraisal experience
• Environmental due diligence experience
• Appraisal or appraisal review experience
• Wisconsin and/or Minnesota Certified Residential or General Appraisal License
• Regular travel within Royal Credit Union’s geographic footprint for property inspections and onsite reviews.

• Valuation &
  
  Risk Management:
  
  Deep expertise in commercial lending, appraisal review, and environmental due diligence; capable of solving complex collateral issues and recommending risk mitigation strategies.
• Process & Project Management: Efficiently oversee multiple tasks, projects, and routines under tight deadlines.
• Communication &
  
  Collaboration:
  
  Strong written and verbal skills; able to present information, respond to questions, and collaborate effectively.
• Analytical & Problem‑Solving: Excellent analytical, judgment, and decision‑making abilities; able to evaluate and improve existing processes.
• Technical Proficiency & Adaptability: Proficient in Microsoft Office; quick to learn new technologies; able to prepare clear, concise reports and presentations.

• Bachelor’s Degree or equivalent in Economics, Finance, Business Administration, or related field.
• Experience with Fiserv DNA and/or Abrigo Sageworks CLOS software.

• Full‑time;
  Monday‑Friday 8:00 am – 5:00 pm with occasional evening and weekend hours as needed.
• Hybrid is possible after 4‑6 months of training and proficiency.
• Office location flexible between Corporate Office in Eau Claire, WI, or White Bear Lake, MN, based on availability and preference.

• Foundation Training at the Corporate Center in Eau Claire, WI: 9:00 am – 4:30 pm on Monday and Tuesday during the first week.
• Out‑of‑town learners reimbursed for travel and lodging costs.

Apply now if you are ready to take on this exciting challenge and contribute to our mission.

We will communicate with you by email and/or text regarding the status of your application. Please monitor your inbox and junk folder for updates and additional instructions.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, or status as an individual with a disability.