Commercial Post Closing Review Release Specialist I

Busey Bank•Creve Coeur, MO

21h•Onsite

About The Position

The Commercial Loan Post Closing Review Release Specialist I is part of the Post Closing Team in the Commercial Bank Service Support Department. This position is primarily responsible for preparing and executing release documents. This position assists with collateral document research for audits, both internal and external.

Requirements

Knowledge of various lending regulations
Strong organizational skills
Strong oral and written communication skills
Ability to multi-task and work independently
Ability to analyze and solve problems for which there are not precedents
Ability to perform duties and make decisions under frequent time pressures
Requires High School diploma
Requires knowledge of Microsoft Office – Word, Excel, and Adobe
Other bank proprietary systems helpful

Nice To Haves

Continuing education preferred
Minimum 1-2 years experience in commercial collateral/liens or documentation preferred

Responsibilities

Responsible for completing collateral lien releases on Commercial loans for the Commercial Lending Division
Make necessary calls/ emails to obtain information needed to release the Bank’s lien or assignment
Ability to research and utilize multiple bank external programs to obtain needed information for release required
Receives recorded satisfaction documents and mails to appropriate borrowers, as required by state law
Verify all pertinent information is scanned to core system of record
Remove and update any exception items associated with releases or paid loans for covenant tracking
Comply with all federal, state, and local regulatory rules and regulations governing financial institutions, as well as company policies and procedures
Assists in special projects and other duties as assigned