Collateral Release Specialist

Company: FirstBank
Location: Franklin
Posted on: September 18, 2022

Job Description:

Summary: The collateral release specialist is responsible for preparing the applicable consumer and commercial loan release documents.Essential Duties and Responsibilities:

• Completes consumer and commercial loan releases by utilizing the closed loan report and assists with expedite payoff releases. requests from branches. This includes drafting lien release documents, obtaining appropriate signatures, and providing documentation for customers and dealers paying off loans.
• Works service events and answers routine internal and external inquiries related to the status of paid off loans, lien releases, duplicate release documentation, title work, and more.
• Maintains regular and reliable attendance, punctuality, and personal appearance. Adheres to all company policies and procedures, as well as all applicable banking rules, regulations, and laws (including BSA/AML).
• Perform any other related duties as required or assigned.
• Scan loan and supporting documentation into the imaging system in a timely manner.
• Perform QA inspection to ensure that the images are clear and complete and properly indexed.
• Maintain physical custody of specified loan documentation through the payoff of the loan and through the retention period. Build the files that will be maintained.
• Other duties as assigned.Qualifications:
• Ability to work efficiently as a member of a team or alone.
• Demonstrated working knowledge of loan documentation and document retention.
• Demonstrated commitment to accuracy and attention to detail. Good organizational skills.
• Proficient in Microsoft Office Suite, Outlook and other similar applications.
• Demonstrated written and verbal communication skills.Education and/or Experience:
• High School diploma or equivalent. College degree or coursework in finance or related studies is a plus.
• Past history in banking or similar field is preferredAll statements are intended to describe the general nature and levels of work assigned to the job and are not intended to be an exhaustive list of all responsibilities, duties and skills required for personnel classified.

Keywords: FirstBank, Franklin , Collateral Release Specialist, Other , Franklin, Tennessee