Collateral Specialist: Loan Docs & Compliance

Prosperity Bank and Trust Co; Victoria (TX); On-site; USD 52,000 - 78,000; Full time

Job summary

Prosperity Bank seeks a Collateral Specialist in Victoria, TX to manage the documentation and safeguarding of collateral for Consumer and Commercial loans. You will record and track documents, ensure lien priority, and process releases and related correspondence with customers.

Ideal candidates have a high school diploma, familiarity with loan servicing or collateral handling, and strong attention to detail.

Qualifications

• High School Diploma or GED; consumer and business loan servicing or collateral handling preferred.
• Knowledge of bank mainframe systems; proficiency with spreadsheet and word processing software.
• Strong attention to detail and ability to multi-task in a regulatory environment.

Responsibilities

• Organize, file, and track all collateral documentation.
• Review collateral records and loan documents for accuracy.
• Process collateral documentation to maintain priority lien position.
• Safeguard original loan and collateral documents.
• Handle letters of guarantee, lien releases, and PIF letters.
• Respond to customer inquiries via phone, mail, or email regarding collateral.

Skills

Attention to detail

Multitasking

Interpersonal communication

PC skills

Microsoft Office

Typing

Organization

Education

High School Diploma or GED

Loan servicing experience preferred

Collateral handling preferred

Tools

Spreadsheet software

Word processing software

Bank mainframe systems

Excel

Word

Outlook

Job description

Prosperity Bank seeks a Collateral Specialist in Victoria, TX to manage the documentation and safeguarding of collateral for Consumer and Commercial loans. You will record and track documents, ensure lien priority, and process releases and related correspondence with customers.

Ideal candidates have a high school diploma, familiarity with loan servicing or collateral handling, and strong attention to detail.