Collateral Management Specialist - Indirect

Who We Are

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

Position Overview

This position responsibility includes data entry; filing; scanning; processing mail; maintaining an organized loan file room; and other general clerical duties as assigned. In addition, processing collateral releases in accordance with the paid loan process, preparing payoff letters and document retention.

Essential Job Functions

• Processing outgoing mail for the department.
• Maintaining and ordering supplies for the department.
• Sorting and opening incoming mail for the department.
• Maintaining an organized loan file room.
• Preparing department document retention boxes for storage including maintaining a detailed record retention list and schedule.
• Scans and indexes incoming titles.
• Maintains organized physical files and records.
• Assisting with scanning of hard copies of records to images.
• Ensure operational integrity through compliance with all policies, procedures, and regulations.
• Generates releases of collateral on paid loans in accordance with regulation and the paid loan process.
• Assists with document collection for loan support projects and audits.
• Other duties as it is assigned as it relates to the department.
  
  
  

Minimum Requirements

• High School diploma or equivalent and one or more years’ experience in consumer documentation, or related; or equivalent combination of education and experience.
  
  
  

Competencies

• Proficient with Microsoft Office (Excel, Word and Outlook).
• Detail oriented with excellent organizational, analytical and problem-solving skills.
• Must be able to multi-task in a fast-paced environment.
• Possess excellent communication (written and verbal).
• Ability to effectively and accurately communicate with all levels within the organization.
• Proven ability to work both independently and as a team member.
  
  
  

Physical Demands

The employee must occasionally lift and/or move up to 35 pounds from floor level to waist level.

Location Details

This position requires the incumbent to work onsite on a daily basis to perform the regular responsibilities of the role.

Compensation & Benefits

Base pay: $19.50 - $23.00

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent’s knowledge, skills and experience.

Benefits: How We Support You - Old Second

Thanks for considering Old Second!