What are the responsibilities and job description for the Seasonal - Loan Specialist I - Collateral Servicing position at ServisFirst Bank?
At ServisFirst, Our Name is Our Mission.
Duties And Responsibilities
The -Loan Specialist I – Collateral Servicing (Seasonal) is responsible for processing any or all of the following: Insurance Policies for all accounts with a balance in excess of $250,000, UCCs, Vehicle Titles, Cash Collateral, other collateral as requested, Exception Clearing and Imaging of Files.
The Incumbent Will
Note: Additional duties and responsibilities may be assigned.
Minimum Qualifications
The physical requirements and environmental conditions of this position consist primarily of:
Duties And Responsibilities
The -Loan Specialist I – Collateral Servicing (Seasonal) is responsible for processing any or all of the following: Insurance Policies for all accounts with a balance in excess of $250,000, UCCs, Vehicle Titles, Cash Collateral, other collateral as requested, Exception Clearing and Imaging of Files.
The Incumbent Will
- Review and process UCCs received daily
- Image and file all incoming documents and files
- Process UCC continuations, amendments, and terminations as needed
- Track name changes on UCCs and notify lenders when received
- Process insurance policies received daily
- Review reports weekly to ensure accounts have current insurance coverage
- Process Vehicle Titles for name transfers and liens and track for receipt
- Second review of Mortgage Releases
- Responsible for imaging UCC, Insurance documents, and loan files when needed
- Clearing collateral exceptions as needed
- Assist with special projects as needed
- Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies
Note: Additional duties and responsibilities may be assigned.
Minimum Qualifications
- High school diploma or equivalent
- Two (2) or more years of related or similar experience
- Basic knowledge of commercial and consumer loan documentation and related regulations
- Ability to complete work in a timely fashion with little to no supervision while performing duties, as demonstrated in previous experience meeting regular production goals
- Experience working with Microsoft Outlook, Word and Excel
The physical requirements and environmental conditions of this position consist primarily of:
- Sustained sitting at a desk or workstation
- Frequent use of PC, including typing or sustained attention to monitor
- Frequent typing using a keyboard and/or calculator
- Occasional lifting of basic office files or equipment up to 25 lbs
- Normal office environment with comfortable internal temperatures and low level noise
Salary : $250,000
