What are the responsibilities and job description for the Collateral Perfection Specialist position at Western State Bank?
This position is in Office and in West Fargo North Dakota.
At Western State Bank, “what” you know is important, but not as important as how you relate to teammates and customers. Our environment is based on the principles of respect, curiosity, creativity, individual empowerment, and the ability to listen effectively and communicate openly. We also believe in continual learning, bias toward action, keeping commitments, and doing our absolute best every day. We believe that our ability to deliver on our promise of being Your Hometown Bank is a result of these high standards.
The Collateral Perfection Specialist is responsible for performance of support duties related to collateral perfection for consumer, business and ag loans. These tasks include necessary processes to maintain active and perfected liens on all collateral types. This position must always stay aware of and adhere to established policies and procedures to ensure alignment with bank, state and federal guidelines and regulations.
Duties And Responsibilities
This is a full-time position with benefits.
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to provide sponsorship for visa status. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
Western State Bank is an EEO and Affirmative Action Employer. Member FDIC.
At Western State Bank, “what” you know is important, but not as important as how you relate to teammates and customers. Our environment is based on the principles of respect, curiosity, creativity, individual empowerment, and the ability to listen effectively and communicate openly. We also believe in continual learning, bias toward action, keeping commitments, and doing our absolute best every day. We believe that our ability to deliver on our promise of being Your Hometown Bank is a result of these high standards.
The Collateral Perfection Specialist is responsible for performance of support duties related to collateral perfection for consumer, business and ag loans. These tasks include necessary processes to maintain active and perfected liens on all collateral types. This position must always stay aware of and adhere to established policies and procedures to ensure alignment with bank, state and federal guidelines and regulations.
Duties And Responsibilities
- Place, work and maintain all appropriate ticklers (insurance, taxes, vesting, UCC and deposit holds, etc.)
- Responsible for reviewing and assembling loan documents required in order to file for lien perfection to secure the Bank’s collateral timely and accurately
- Maintain all collateral documents in compliance with Bank and regulatory requirements
- Process payoffs timely and accurately
- Release collateral on paid notes in accordance to state regulatory requirements.
- Demonstrate high standards for quality, quantity and a high concentration level for protecting the loan assets of the bank.
- Work with a sense of urgency; seek out and adapt to best practices; seek constant improvement motivated by personal and departmental goals.
- Other duties and responsibilities as needed or assigned.
This is a full-time position with benefits.
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to provide sponsorship for visa status. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.
Western State Bank is an EEO and Affirmative Action Employer. Member FDIC.