Collateral Services Specialist IV
Collateral Services Specialist IV
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Salary Not Disclosed
1 Vacancy
Job Description
Join our team to play a crucial role in managing collateral perfection for secured loans. Apply today to be part of a team that values precision and impact!
Job Summary:
As a Collateral Perfection Specialist in the Real Estate Team you will ensure the lien on collateral is accurately managed and documented. You will support Business Banking Commercial & Investment Banking and the Commercial Term Lending portfolio by reviewing collateral files preparing legal documentation and assisting internal departments with collateral disposition.
Job Responsibilities:
- Research and obtain outstanding recorded loan documents via phone/email contact with third parties.
- Conduct quality reviews of recorded loan documents to ensure accuracy and lien position.
- Obtain and review outstanding title policies for accuracy and lien position.
- Perform notary duties.
- Conduct collateral file reviews and prepare/markup schedules including for loan Consolidation Extension Modification Agreements (CEMAs).
- Prepare commercial loan documents accurately and with high attention to detail.
- Provide backup support for peers.
- Participate in projects and working groups as required.
- Understand and follow Bank policy and established procedures.
- Meet or exceed established Service Level Agreements.
- Perform other duties as needed and assigned.
Required Qualifications Capabilities and Skills:
- 5 years of loan operations experience in a banking or financial services industry.
- Experience reading interpreting and/or preparing real estate legal loan documents.
- Detailoriented with a methodical approach to tasks.
- Customer service oriented with strong communication skills.
- Teamoriented and technologically adept.
- Strong organizational time management and prioritization skills.
- Must be willing to interact verbally and in writing with third parties professionally.
- Must be able to lift 30LBs (collateral files/boxes).
- Must be (or be able to become) a Notary.
Preferred Qualifications Capabilities and Skills:
- Experience with commercial real estate legal loan documents.
- Understanding of Consolidation Extension Modification Agreements (CEMAs).
- Productionoriented with a quality focus.
- Critical and independent thinking skills.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
