Collateral Lien Specialist II

Trustmark Bank; Pearl (MS); On-site; USD 40,000 - 55,000; Full time

Job summary

Trustmark Bank is looking for a dedicated individual to perform collateral documentation tasks to secure its lien position on consumer and commercial loans. The role encompasses processing UCC and deed of trust/mortgages at state and county levels, preparing payments, and maintaining documentation logs.

The ideal candidate has a high school diploma, some college education, and 3-4 years of experience in contractual documentation in a banking or legal environment. Strong communication and organizational skills are essential, along with basic computer proficiency.

Qualifications

• Three to four years of contractual documentation experience in banks, credit unions, or legal firms.
• General knowledge of loan collateral documentation and lien release requirements.
• Overall banking knowledge with emphasis on loan operations.

Responsibilities

• Process UCC and Deed of Trust/Mortgages to be recorded at state/county levels.
• Prepare payments for filing fees and deposits related to loans.
• Maintain log and mail documents via certified mail for paid-off loans.
• Process automobile applications at state/county levels.

Skills

Excellent communication skills

Customer service skills

Typing (35 wpm)

Basic computer skills

Organizational skills

Detail oriented

Education

High school graduate

Some college preferred

Job description

Overview

The purpose of this job is to perform duties pertaining to collateral documentation to assure perfection of Trustmark’s lien position on consumer and commercial loans.

Responsibilities

• Process UCC and Deed of Trust/Mortgages to be recorded, continued, or released at state/county levels for all applicable states. This responsibility includes maintaining a file of daily letters
• Prepare payments (type checks) for filing fees of loan documents; payments to attorneys and appraisers for services rendered. Deposit checks for fees. Order checks for the Notary/Recording Fees DDA
• Maintain log and mail documents via certified mail to customers when loans pay off secured by stock and Certificates of Deposits
• Process automobile applications and returns at state/county levels for all applicable states. This responsibility includes handling requests for insurance letter of guarantee on vehicles that are a total loss
• Rotate in the Collateral Vault to file documentation in the collateral files
• Assist co-workers with daily work as needed and assist with other duties as requested.
• Perform additional duties as assigned.

Qualifications

• High school graduate
• Some college preferred
• Three to four years of contractual documentation experience within businesses such as banks, credit unions, legal firms, insurance companies, etc.
• General knowledge of loan collateral documentation and lien release requirements
• Overall banking knowledge with emphasis on loan operations
• Excellent communication skills/customer service skills
• Typing (Test – 35 wpm)
• Basic computer skills
• Organizational skills
• Detail oriented

Physical Requirements/Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.