Collateral Specialist

Responsibilities

• Prepare collateral modifications and collateral releases.
• Review new mortgages and record them to the county of record.
• Calculate mortgage recording fees and fund the Bank's checking account from appropriate GL.
• Save image of recorded mortgage to the loan record via Bank's imaging system.
• Monitor the portfolio for closed loans.
• Send cancelled note to borrower, prepare satisfactions and/or terminations as appropriate, and cancel life of loan flood certificates.
• Record mortgage satisfactions to the county of record and save image of recorded satisfaction to the loan record via Bank's imaging system.
• Monitor LoanOps email box for payoff requests and prepare payoff statements.
• Calculate recording fees and charge fees to the loan.
• Send third-party payoff requests and maintain supporting documentation in synergy.
• Record vehicle loans and record lien on title via third party website.
• Track in core system.
• Absorb and monitor Title/Mortgage/HUD-1/CD Tracking report and contact title companies for past due items.
• Scan, file, and index loan documentation to Synergy.

Qualifications

• High School Diploma or equivalent.
• Three or more years of Loan Operations Experience.

Preferred Skills

• Ability to communicate effectively with individuals and groups across the company.
• Good interpersonal skills and oral and written communication skills.
• Strong organization skills and detail oriented.