Commercial Loan Collateral Specialist I

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

Job summary

Park National Bank in Newark, OH seeks a Commercial Loan Collateral Associate I to analyze collateral reports, maintain lien positions, and input collateral data into the bank's systems. The role supports accuracy and compliance in commercial lending processes.

Responsibilities include tracking collateral items, performing collateral research, ensuring documentation quality, and liaising with loan teams to resolve discrepancies.

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
• 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

Skills

Organizational Skills/Detail Oriented

Analytical Thinking

Multi-Tasking

Problem/Situation Analysis

Technical Expertise

Leadership/Management Skills

Interpersonal/Customer Service Skills

Written and Verbal Communication

Adaptable to change

Basic Computer Skill

Education

High School diploma or GED

Job description

Park National Bank in Newark, OH seeks a Commercial Loan Collateral Associate I to analyze collateral reports, maintain lien positions, and input collateral data into the bank's systems. The role supports accuracy and compliance in commercial lending processes.

Responsibilities include tracking collateral items, performing collateral research, ensuring documentation quality, and liaising with loan teams to resolve discrepancies.