Commercial Loan Collateral Associate I

Park National Corporation; Columbus (OH); On-site; USD 42,000 - 62,000; Full time

Job summary

Park National Corporation is seeking a detail-oriented collateral specialist to analyze and manage commercial collateral. The role requires ensuring perfected lien positions, maintaining data accuracy in the host system, and performing quality control on collateral documentation.

The position involves coordinating with loan teams, monitoring collateral items, and staying abreast of regulatory changes. A high school diploma and banking experience are preferred for success in this role.

Qualifications

• 2 Years of Banking or Equivalent Experience Required.
• A minimum of a high school Diploma or GED.

Responsibilities

• Analyze and complete collateral reports.
• Ensure the bank's lien position on all collateral is perfected, maintained, and released in a timely manner.
• Upload collateral loan data into host system.
• Monitor and track missing or incomplete collateral items.
• Complete collateral research and maintenance through Director Workflow.
• Quality control of collateral documentation and follow-up to correct discrepancies.
• Process and entry of loans with collateral into the host system with accuracy.
• Provide guidance and support for all collateral types.
• Stay current with bank, investor, and regulatory changes affecting commercial loans.
• Responsible for all commercial collateral files including filing and tracking.

Skills

Organizational Skills/Detail Oriented

Analytical Thinking

Multi-Tasking

Problem Analysis

Technical Expertise

Strategic Planning

Creativity

Leadership/Management

Influencing Others

Collaborative Relationships

Mentoring

Teamwork

Interpersonal/Customer Service

Written and Verbal Communication

Following Directions

Adaptability

Basic Computer Skill

Education

High School Diploma or GED

2 Years Banking Experience or Equivalent

Job description

Description

RESPONSIBILITIES

• Analyze and complete collateral reports
• Ensure the bank's lien position on all collateral is perfected, maintained, and released in a timely manner
• Accurately upload basic to moderately complex collateral loan data into host system
• Monitor and track missing or incomplete collateral items
• Complete general to basic collateral research and maintenance through Director Workflow
• Complete quality control of collateral documentation to ensure proper documents are received and adhere to established policies, procedures, and corporate standards; follow-up with loan assistants to correct discrepancies
• Ensure proper processing and entry of loans with basic to moderately complex collateral into the host system, maintaining accuracy and consistency.
• Provide general guidance and support for all types of collateral including maintenance of collateral information
• Remain current with bank, investor, and regulatory changes affecting commercial loans and assist in communicating to other collateral associates
• Responsible for all commercial collateral files, including filing and tracking any files released from the area

COMPETENCIES

• Organizational Skills/Detail Oriented
• Analytical Thinking
• Able to Multi-Task or Juggle Priorities
• Problem/Situation Analysis
• Technical Expertise
• Strategic Planning and Decision Making
• Creativity
• Leadership/Management Skills
• Ability to influence others
• Ability to build collaborative relationships
• Ability to develop or mentor others
• Ability to work as part of a team
• Interpersonal/Customer Service Skills
• Written and Verbal Communication
• Ability to understand and follow directions
• Adaptable to change
• Basic Computer Skill

RIENCE AND EDUCATION

• 2 Years of Banking or Equivalent Experience Required
• A minimum of a high school Diploma or GED

SCHEDULE

Department hours are Monday through Friday 8:00 a.m. to 5:00 p.m. This position is hourly, and full-time. A minimum of 37.5 hours is required to maintain full time status. This position typically requires 40 hours per week.

Qualifications

Education

High School (required)

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.