Collateral Specialist

Collateral Specialist

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

FLSA Status: Non-Exempt

Department: Loan Operations

Hours of Operation: Monday Friday, 40 hours per week, start and end times may vary

General Job Summary: Process and set up collateral records, ticklers and clearing of loan exception as well as perfecting the banks collateral position.

Organizational Duties and Responsibilities:

• Supports the mission, vision and philosophy of the Bank. Complies willingly with all organizational policies and procedures.
• Supports all functions that maintain compliance with regulatory agencies.

Essential Duties and Responsibilities:

This position consists of a range of responsibilities that could include a variety of the following:

• System set up of collateral records and ticklers
• Lien Perfection of titles, UCC's, Mortgages and any other collateral taken
• Clearing of Loan Exceptions
• File loan documents in file room and review collateral documents for completeness prior to sending to jurisdiction for perfection
• Other duties as assigned
• Provide highest level of quality service
• Customer contact with internal and external customers

Other Functions:

• Assist any personnel as needed
• Work closely with all personnel in Loan Operations
• Be able to make decisions within limits set within the Loan Operations Department

Minimum Job Requirements:

Education: Completion of four years of high school or equivalent required

Experience: Previous loan processing preferred, preferably one to two years

Specific Skills:

• General banking specific to loan processing is preferred
• Requires attention to detail
• Ability to effectively communicate with internal and external customer, co-workers and management
• High level of organization and attention to accuracy and detail is required
• Strong interpersonal skills and the ability to handle sensitive issues with tact, discretion, and diplomacy

Specialized: Knowledge of Premier Navigator preferred

Physical requirements:

• Primarily sedentary work performed in an office environment
• Ability to sit for extended periods of time while working at a computer
• Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
• Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
• Visual acuity sufficient to read computer screens, printed documents, and financial data
• Occasional standing, walking, bending, or reaching
• Ability to lift and carry up to 1015 pounds occasionally (e.g., files, office supplies)

Benefits:

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program