Job Description
**Summary**
The Collateral Specialist I is responsible for the timely and accurate processing of collateral releases for commercial and consumer loans, ensuring compliance with applicable state requirements and internal policies. The position also performs limited title lien perfection activities for commercial titled collateral, ensuring lienholder information is correctly recorded with appropriate state agencies.
**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...
The Collateral Specialist I is responsible for the timely and accurate processing of collateral releases for commercial and consumer loans, ensuring compliance with applicable state requirements and internal policies. The position also performs limited title lien perfection activities for commercial titled collateral, ensuring lienholder information is correctly recorded with appropriate state agencies.
**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...