What are the responsibilities and job description for the Collateral Specialist position at Horizon Bank?
POSITION SUMMARY
We’re looking for a Collateral Specialist who’s meticulous, curious, and thrives on getting the details right. In this role, you’ll help ensure our loans are properly secured across all collateral types — playing a key part in protecting the bank and supporting great customer outcomes. If you love structure, problem-solving, and being the go-to expert for all things collateral, we’d love to meet you.
This in-person position, based in our North Austin office (12007 Technology Blvd), where collaboration is core to how we work. You’ll be part of a tight-knit team that values knowledge sharing, partnership across departments, and showing up for each other every day.
WHY HORIZON?
We’re not just your ordinary bank - we have something special here at Horizon. Our charter dates back to 1905, giving us over a century of experience serving Central Texas. We pride ourselves on creating lifelong customer relationships and business partnerships and have a reputation for an unwavering commitment to our teams, our communities, and our customers.
Thanks to our diverse, energetic team, Horizon continues to grow and succeed:
- #1 locally owned bank according to Austin Business Journal 2020 Power Rankings.
- Top 40 community banks nationwide by S&P Global Market Intelligence.
- 2024 top 10 community bank according to American Bankers Association.
- 2020 & 2021 Thriving Together recipient for outstanding company Wellness Program. Learn more about our benefit package below!
We’re proud of where our teams have gotten us and can’t wait to see where you will take us next!
WHAT WILL I DO?
Key highlights:
- Review all collateral types to ensure loans are properly secured and meet compliance and financial requirements. File and review UCC’s, tracking of collateral items, i.e., titles, insurance, flood etc.
- Coordinate with supporting team to discuss any outstanding findings/disputes. Will also conduct Lien perfection, collateral releasing, and ongoing collateral monitoring
- Perform collateral searches and ensure physical security of all collateral documents
- Assist Loan Operations department in preparation and review of loan documentation consistent with the approved credit memo
- Develop and maintain workflows for all stages of loan documentation relating to collateral management
- Maintain and demonstrate proficiency with loan and collateral software application (CSI NuPoint, Center Doc)
- Prepare and assist with reports on collateral status.
- Other duties as assigned and/or taken on.
AM I THE RIGHT FIT?
We are searching for professionals who have had proven success in their past careers, are self-motivated, and have a great attitude to join our team.
Specific requirements include:
- Minimum: BA/BS and 2 years of banking experience; or the equivalent combination of education and experience, which demonstrates the knowledge, skills, and abilities to perform the job duties of this position.
- Basic to good knowledge of finance or basic accounting
- Excellent computer skills in Microsoft Office including Excel and Word, PowerPoint, Access, and reporting experience
- Excellent oral and written communications skills
- Strong familiarity with commercial, retail, mortgage and real estate documentation
- Related experience in, at least, one or more of the following areas: Commercial Real Estate, Retail, SBA, and Participations
- Optimistic, internally motivated, team-oriented personality; and,
- Ability to make decisions, create change, and help grow a company – while growing yourself.
Desired qualifications:
- Accuracy in this role is critical – ideal candidate must be detail oriented
- Strong organization skills, handle multiple priorities and produce results, flexibility to reprioritize workload and respond to swiftly changing priorities in a multi-task environment
- Excellent spreadsheet capabilities
- Ability to work under high pressure, fast-paced environment, and meet established deadlines and turnaround times
- Ability to work independently as well as in a team environment
- Excellent communication skills (oral, written, listening)
- Highly dependable and ensure that high quality service is the highest priority
- Understanding of all aspects of due diligence
WHAT DOES IT MEAN TO BE ON THE HORIZON TEAM?
Our commitment to our employees goes beyond base pay—it includes the tangible things like salary, benefits, and special employee programs such as training & development, wellness, and flexible sick time. Equally important are the intangible factors like challenging work, a community focused mindset, and the opportunity to grow professionally. We do not hire resources; we invest in people.
Benefits available to you include:
- Health coverage options including Medical, Dental, and Vision
- Wellness Program that incentivizes you with premium cost savings
- Employee Assistance Program to help you with life’s challenges
- Basic Group term Life and AD&D to protect you and your family
- The opportunity to become a shareholder of the Bank through our 401k Retirement Plan
- Discounts on Pet Insurance
- Time off policies meant to support your work-life balance
INTERESTED?
This is a great opportunity to join a successful and growing organization. If you think that you could be the perfect fit, please apply now. Submit your resume and contact information for consideration.
Good luck and we look forward to hearing from you!
At Horizon Bank, we recognize that diverse perspectives and experiences drive innovation and success. We operate within a merit-based framework that fosters inclusivity and belonging, ensuring all individuals have the opportunity to contribute, develop, and thrive. We seek talented, qualified individuals for all career opportunities, without regard to any status protected under federal, state, or local law. Horizon Bank is proud to be an Equal Employment Opportunity Employer.
