Collateral Documentation Specialist

Prosperity Bank; Plano (TX); On-site; USD 40,000 - 55,000; Full time

Job summary

Prosperity Bank in Plano, TX seeks a Collateral Specialist to protect and manage collateral documents for Consumer and Commercial loans. This role ensures accurate recording, safekeeping, and timely release upon payoff, while maintaining compliance with regulations.

Key duties include organizing collateral files, reviewing records for accuracy, and processing lien-related documents. Strong attention to detail and proficiency in MS Office are required to support efficient operations.

Qualifications

• High school diploma or GED required.
• Proficient in spreadsheet and word processing software.
• Good attention to detail and organizational skills.
• Strong written and verbal communication abilities.

Responsibilities

• Organize, file, maintain and track all collateral documentation.
• Review system collateral records and loan documents for accuracy and completion.
• Process collateral documentation to ensure priority lien position.
• Safekeeping of original loan and collateral documents.
• Process letters of guarantee and lien releases as needed.
• Handle customer inquiries regarding collateral and loan documents.

Skills

Attention to detail

Multi-tasking

Interpersonal communication

PC skills

Education

High School Diploma or GED

Tools

Microsoft Office

Excel

Word

Outlook

Job description

Prosperity Bank in Plano, TX seeks a Collateral Specialist to protect and manage collateral documents for Consumer and Commercial loans. This role ensures accurate recording, safekeeping, and timely release upon payoff, while maintaining compliance with regulations.

Key duties include organizing collateral files, reviewing records for accuracy, and processing lien-related documents. Strong attention to detail and proficiency in MS Office are required to support efficient operations.