Collateral Release Specialist

Dickinson Financial Corp•Kansas City, MO

1d•Onsite

About The Position

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.

Requirements

Strong attention to detail and accuracy
Ability to manage high-volume workflows with competing deadlines
Analytical and problem-solving skills
Effective written and verbal communication
Active Notary Public designation (or ability to obtain within [2] months)
College degree or 3+ years’ banking experience, required.
2+ years of experience in loan operations, collateral management, lien releases, or post-closing functions.

Responsibilities

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.
Confirm full payoff, satisfaction conditions, or partial release approvals prior to release processing.
Review loan documents and system records to validate collateral descriptions and lien positions.
Notarize and finalize releases for recording with appropriate county, state, or federal agencies (e.g., Recorder of Deeds, Secretary of State, FAA).
Track recording status and follow up to ensure completion and receipt of recorded documents
Process lien perfection on titled collateral (e.g., vehicles, trailers, equipment requiring title) for commercial loan transactions
Ensure lienholder information is accurately reflected on certificates of title in accordance with state-specific DMV requirements
Protect all client and bank information confidentially and follow all company policies.
Complete monthly training in a timely manner to ensure knowledge of bank regulatory requirements, policies, and procedures.
Embrace RPA (Robotic Process Automation) and AI-driven tools to improve workflow efficiency.
Other specified duties as assigned.