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.


Basic Qualifications

  • High school diploma or equivalent

  • Four to five years of experience in loan/lease processing activities, or other relevant experience

Preferred Skills/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

Job: Processing

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.