Collateral Operations Specialist — Secure Loan Docs and Compliance

Regions Bank; Hoover (AL); On-site; USD 44,000 - 53,000; Full time

Benefits offered by this job

401K match

Medical, dental and vision

Paid vacation/sick time

Life insurance

Parental leave

Job summary

Regions Bank in Hoover, Alabama, seeks an Enterprise Operations Collateral Specialist to perfect collateral and reduce loan risk. The role involves reviewing documentation, ensuring regulatory compliance, and coordinating with loan officers to secure loans. Requires two years in loan operations and a High School Diploma or GED; strong MS Office skills are needed. This is an onsite position with standard 40-hour weeks.

Qualifications

• High school diploma or GED required.
• Two years of loan operations experience.
• Ability to interpret and apply applicable rules and regulations.
• Excellent organizational and communication skills.

Responsibilities

• Review collateral documentation for perfection and ensure recording requirements are met.
• Ensure compliance with government regulations regarding collateral filings.
• Prepare detailed narratives of investigation, findings, and results in the release request system.
• Coordinate with loan officers, processors, closing agents, and field personnel to determine required documents.
• Assist in release approvals and track documents to confirm recording and filing.

Skills

Interpret regulations/compliance

Fast-paced environment

Analytical thinking

Organizational skills

Verbal communication

Written communication

Work ethic

Education

High School Diploma or GED

Tools

Microsoft Office Suite

Job description

Regions Bank in Hoover, Alabama, seeks an Enterprise Operations Collateral Specialist to perfect collateral and reduce loan risk. The role involves reviewing documentation, ensuring regulatory compliance, and coordinating with loan officers to secure loans. Requires two years in loan operations and a High School Diploma or GED; strong MS Office skills are needed. This is an onsite position with standard 40-hour weeks.