Commercial Loan Post-Closing Release Specialist I

Busey Bank; Leawood (KS); On-site; USD 30,000 - 36,000; Full time

Job summary

Busey Bank is seeking a Commercial Loan Post Closing Review Release Specialist I to join the Post Closing Team in the Commercial Bank Service Support Department. You will prepare and execute release documents, assist with collateral research for audits, and ensure accurate scanning into the core system of record.

The role requires attention to detail, ability to multi-task, and knowledge of lending regulations.

Qualifications

• Knowledge of various lending regulations.
• Strong organizational skills and communication.
• Ability to multi-task and work under time pressure.

Responsibilities

• Complete collateral lien releases on Commercial loans.
• Contact information needed to release Bank's lien or assignment by calls/emails.
• Research information using bank external programs for releases.
• Receive recorded satisfaction documents and mail to borrowers as required by law.
• Verify all pertinent information is scanned to core system of record.
• Remove/update exception items for releases or paid loans for covenant tracking.
• Comply with federal, state, and local regulations governing financial institutions and company policies.
• Assist in special projects and other duties as assigned.

Skills

Lending regulations

Organizational skills

Oral & written communication

Education

High School diploma; continuing education preferred

1-2 years experience in commercial collateral/liens

Tools

Microsoft Office

Adobe

Bank systems

Job description

Busey Bank is seeking a Commercial Loan Post Closing Review Release Specialist I to join the Post Closing Team in the Commercial Bank Service Support Department. You will prepare and execute release documents, assist with collateral research for audits, and ensure accurate scanning into the core system of record.

The role requires attention to detail, ability to multi-task, and knowledge of lending regulations.