Collateral Specialist

Job Title

The purpose of this job is to perform duties pertaining to collateral documentation to assure perfection of Trustmark's lien position on consumer and commercial loans.

Responsibilities

Process UCC and Deed of Trust/Mortgages to be recorded, continued, or released at state/county levels for all applicable states. This responsibility includes maintaining a file of daily letters

Prepare payments (type checks) for filing fees of loan documents; payments to attorneys and appraisers for services rendered. Deposit checks for fees. Order checks for the Notary/Recording Fees DDA

Maintain log and mail documents via certified mail to customers when loans pay off secured by stock and Certificates of Deposits

Process automobile applications and returns at state/county levels for all applicable states. This responsibility includes handling requests for insurance letter of guarantee on vehicles that are a total loss

Rotate in the Collateral Vault to file documentation in the collateral files

Assist co-workers with daily work as needed and assist with other duties as requested

Perform additional duties as assigned

Qualifications

High school graduate

Some college preferred

Three to four years of contractual documentation experience within businesses such as banks, credit unions, legal firms, insurance companies, etc.

General knowledge of loan collateral documentation and lien release requirements

Overall banking knowledge with emphasis on loan operations

Excellent communication skills/customer service skills

Typing (Test 35 wpm)

Basic computer skills

Organizational skills

Detail oriented

Physical Requirements/Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.