Collateral Lien Specialist II

Trustmark; Pearl (MS); On-site; USD 35,000 - 50,000; Full time

Job summary

Trustmark is seeking a dedicated individual to perform duties related to collateral documentation, ensuring perfection of lien positions on consumer and commercial loans. You will process and maintain records for various loan documentation tasks while assisting co-workers as needed.

The ideal candidate will possess strong communication and organizational skills, with at least three years of relevant experience in financial institutions or legal firms. High school graduation is essential, with some college preferred.

Qualifications

• Three to four years of contractual documentation experience in financial or legal sectors.
• 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 at state/county levels.
• Prepare payments for filing fees and services rendered by attorneys and appraisers.
• Maintain log and mail documents to customers when loans pay off.
• Process automobile applications and handle requests for insurance letters.

Skills

Excellent communication skills

Customer service skills

Organizational skills

Detail oriented

Basic computer skills

Typing (Test – 35 wpm)

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.