U.S. Bank Collateral Release Specialist (Grade F) in PORTLAND, Oregon
Review 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. Process release requests where no collateral was taken to secure the loan. Update tracking databases. Sort any incoming mail. Order collateral files for release requests. Respond to escalation requests in a timely manner. Maintain department expectations for quality and productivity.
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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
Job: Administrative / Clerical
Primary Location: Oregon-OR-Portland
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 170033579
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.