Collateral Release Specialist

Responsibilities

• Process Collateral Releases
• Prepare releases of liens, including mortgages/deeds of trust, UCC financing statements, vehicle titles, and other collateral documents.
• Ensure releases are completed in accordance with state-specific recording requirements and timelines.
• Validate Loan Payoff Conditions
• Confirm full payoff, satisfaction conditions, or partial release approvals prior to release processing.
• Review loan documents and system records to validate collateral descriptions and lien positions.
• Cook Recording & Filing
• Notarize and finalize releases for recording with appropriate county, state, or federal agencies (e.g., Recorder of Deeds, Secretary of State, FAA).
• Track recording status and follow up to ensure completion and receipt of recorded documents.
• Title Lien Perfection (Secondary Function)
• Process lien perfection on titled collateral (e.g., vehicles, trailers, equipment requiring title) for commercial loan transactions.
• Ensure lienholder information is accurately reflected on certificates of title in accordance with state-specific DMV requirements.

Skills

• Strong attention to detail and accuracy
• Analytical and problem-solving skills
• Effective written and verbal communication
• Active Notary Public designation (or ability to obtain within [2] months)

Physical Requirements

• The work environment is typical of a standard office or retail banking setting.
• The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment.
• Reaching may be required involving the ability to move arms in any direction.
• Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad.
• The ability to decipher a computer screen or written documents is necessary.
• The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required.
• The ability to receive and understand detailed information shared through oral or written communication is required.
• Position requires lifting and/or the exerting of up to 10 pounds of force.

Compensation & Benefits

• The Collateral Release Specialist I position pays a minimum of $24.00 per hour.
• Full-time associates are eligible for our benefits package:
• Medical
• Dental
• Vision
• 401(k) plan
• Company paid life insurance
• Short and Long-term disability insurance
• Company paid vacation, paid leave and holidays