Commercial Post Closing Review Specialist

Commercial Loan Post Closing Review Specialist

The Commercial Loan Post Closing Review Specialist is part of the Post Closing Team in the Commercial Bank Service Support Department. This position is primarily responsible for preparing and executing release documents. This position assists with collateral document research for audits, both internal and external.

Duties & Responsibilities

• Responsible for completing collateral lien releases on Commercial loans for the Commercial Lending Division.
• Make necessary calls/emails to obtain information needed to release the Bank's lien or assignment
• Prepare and execute collateral lien release documents
• Ability to research and utilize multiple bank external programs to obtain needed information for release required
• Receives recorded satisfaction documents and mails to appropriate borrowers, as required by state law
• Verify all pertinent information is scanned to core system of record
• Comply with all federal, state, and local regulatory rules and regulations governing financial institutions, as well as company policies and procedures
• Assists in special projects and other duties as assigned

Education & Experience

• Knowledge of:
  • Strong oral and written communication skills
  • Federal regulations
• Ability to:
  • Multi-task and work independently
  • Analyze and solve problems for which there are not precedents
  • Perform duties and make decisions under frequent time pressures
• Education and Training:
  • Requires High School diploma; continuing education preferred
  • Requires 2 or more years' experience in Commercial collateral or documentation
  • Requires understanding of Commercial loan documentation and regulatory requirements to ensure integrity of banks legal documents and lien position
  • Requires knowledge of Microsoft Office and other bank proprietary systems

Benefits And Compensation Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance. (Base Pay Range: $19.50hr - $24.00hr) Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.