Collateral Specialist

Compensation

$

Hours Per Week

40

Number Of Positions

0

Job Description

Job Title: Collateral Specialist

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: 

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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 10–15 pounds occasionally (e.g., files, office supplies)

Place of Work

On-site

Requisition ID

29512