Collateral Specialist

4 weeks ago

Mt Laurel, United States Merchants Bancorp Full time

Job Type

Full-time

Description

The Collateral Specialist is an onsite position that will work with our team to receive incoming warehouse lending collateral, process note shipment requests, maintain a tidy and accurate collateral vault, and build strong relationships with the Warehouse Lending clients.

After one year as our Collateral Specialist, you will know if you were successful if you...

  • Receive and log FEDEX and UPS incoming packages
  • Quality Control collateral and mark accurately
  • Respond to and assist clients with any questions or concerns timely
  • Learn our Warehouse Lending System
  • Prepare and endorse allonges
  • Package Notes and place appropriately for pickup
  • Reconcile the Vault weekly, to ensure information in Warehouse Lending System matches physical notes on site.
  • Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures.
  • Assist with other duties as assigned by the Warehouse Collateral Manager.
Requirements

What we are looking for...
  • High School diploma or GED from an accredited institution.
  • Basic skills in Office Suite-Word, Outlook, and Excel.
  • Strong written and verbal communications skills.
  • Prior mortgage experience preferred.
  • Detail oriented and strong critical thinking skills.


Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana.

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