U.S. Bank Collateral Release Monitoring & Escalation Specialist /Loan Documentation Spec 4 in PORTLAND, Oregon
This role is in our Collateral Release division and consists of the following duties:
Reviewing banker requests for release of collateral.
Use internal databases to track receipt of release requests.
Update collateral tracking database to show receipt of release approval.
Run reports to monitor paid loans and track the receipt of approved releases.
Review paid loans to determine the need for expedited requests and place into appropriate workflow.
Sort any incoming mail.
Order collateral files for release requests.
Compare collateral files to release requests and prepare applicable legal documents.
Documents may include state-specific real estate forms, UCC terminations, motor vehicle releases, brokerage, and life insurance documents.
Release negotiable/safekeeping collateral, ensuring compliance with internal procedures.
Update tracking databases.
Respond to escalation requests in a timely manner.
Maintain department expectations for quality and productivity.
High school diploma or equivalent
Four to five years of experience in loan/lease processing activities, or other relevant experience
Thorough knowledge of legal documents used to support applicable loan/lease processing
Ability to work with legal to solve complex documentation needs
Ability to apply critical thinking for all elements of loan documentation construction
Ability to master the bank’s documentation software
Thorough knowledge of closing policies and procedures, funding policies, underwriting requirements, governmental and agency requirements, terminology and automated processing systems
Thorough knowledge of applicable credit policies and approval processes for assigned product(s)
Ability to work effectively and accurately in a fast paced, high production, professional environment
Strong organization skills
Excellent verbal and written communication skills
Primary Location: Oregon-OR-Portland
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 180040710
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.