Loan Collateral Specialist

2 weeks ago


Dublin, Georgia, United States Morris Bank Full time
Job Summary

The Loan Collateral Specialist plays a crucial role in ensuring the smooth processing and perfection of liens on collateral pledged on loans. This position requires strong attention to detail, excellent judgment, and the ability to work independently while following Bank policies and procedures.

Key Responsibilities
  • Process collateral documentation to perfect the bank's lien on collateral
  • Process collateral release requests and substitution requests
  • Import executed loan package for permanent imaging storage
  • Set up exceptions for collateral and missing documentation
  • Monitor exception reports and work to clear exceptions
  • File final loan package in loan vault
  • Process paid out loans
  • Handle customer and coworker inquiries
Requirements
  • High School Diploma or equivalent
  • Related banking or loan documentation experience preferred
  • Strong organizational skills, good judgment, and decision-making skills
  • Ability to think and act independently while following Bank policies and procedures
  • General knowledge of Bank Secrecy Act/Anti-Money Laundering Program preferred
Competencies
  • Organizational Skills- Demonstrates the ability to manage multiple projects and assignments according to established timeframes
  • Dependability- Completes assignments timely and thoroughly, frequently working beyond expectations
  • Research Skills- Uses approved research techniques to gather and analyze critical information from various sources
Working Conditions

Requires some contact with the general public

The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions.

This job description is not intended to be and should not be construed as an all-inclusive list of the responsibilities, skills, or working conditions associated with the position. While this job description is intended to accurately reflect the position's activities and requirements, management reserves the right to modify, add, or remove duties and assign other duties as necessary.



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