Collateral Perfection Specialist

WESTERN STATE BANKWest Fargo, ND
Onsite

About The Position

This position is responsible for performing support duties related to collateral perfection for consumer, business, and ag loans. These tasks include the 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.

Requirements

  • High School diploma
  • Minimum of two years related experience required
  • Eligible to work in the United States

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.

Benefits

  • Benefits
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