Commercial Loan Collateral Associate
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Key details
- Location
- Newark, OH, United States
- Work style
- Onsite
- Level
- Entry level
- Job type
- Full-time
- Experience
- 2–5 yrs
- Function
- Operations & Strategy
- Focus area
- other
- Posted
- 20h ago
Skills
customer servicequality controlstrategic planning
About the role
RESPONSIBILITIES
- Analyze and complete collateral reports
- Ensure the bank’s lien position on all collateral is perfected, maintained, and released in a timely manner
- Accurately upload basic to moderately complex collateral loan data into host system
- Monitor and track missing or incomplete collateral items
- Complete general to basic collateral research and maintenance through Director Workflow
- Complete quality control of collateral documentation to ensure proper documents are received and adhere to established policies, procedures, and corporate standards; follow-up with loan assistants to correct discrepancies
- Ensure proper processing and entry of loans with basic to moderately complex collateral into the host system, maintaining accuracy and consistency.
- Provide general guidance and support for all types of collateral including maintenance of collateral information
- Remain current with bank, investor, and regulatory changes affecting commercial loans and assist in communicating to other collateral associates
- Responsible for all commercial collateral files, including filing and tracking any files released from the area
COMPETENCIES
- Organizational Skills/Detail Oriented
- Analytical Thinking
- Able to Multi-Task or Juggle Priorities
- Problem/Situation Analysis
- Technical Expertise
- Strategic Planning and Decision Making
- Creativity
- Leadership/Management Skills
- Ability to influence others
- Ability to build collaborative relationships
- Ability to develop or mentor others
- Ability to work as part of a team
- Interpersonal/Customer Service Skills
- Written and Verbal Communication
- Ability to understand and follow directions
- Adaptable to change
- Basic Computer Skill
RIENCE AND EDUCATION
- 2 Years of Banking or Equivalent Experience Required
- A minimum of a high school Diploma or GED
SCHEDULE
Department hours are Monday through Friday 8:00 a.m. to 5:00 p.m. This position is hourly, and full-time. A minimum of 37.5 hours is required to maintain full time status. This position typically requires 40 hours per week.