Commercial Post Closing Review Collateral Specialist I

Position SummaryThe Commercial Post Closing Review Collateral Specialist is responsible for perfecting liens on various collateral types and effectively managing collateral covenants through timely resolution of all exception items assigned to the Commercial Post Closing Department.Duties & ResponsibilitiesEnsure perfection of all recordable collateral documentation and record liens on varying collateral typesManage and continue liens throughout the life of the loanGenerate and monitor weekly reports to identify upcoming collateral covenantsCommunicate with Title Companies and Third-Party Companies to resolve outstanding collateral covenantsResponsible for reviewing incoming trailing documents for accuracy and completenessRemoval and/or updating of collateral covenants accurately and timely on banks proprietary tracking systemCollaboration with Relationship Managers, Loan Coordinators, and Third Parties of any discrepancies that need to be addressedOngoing monitoring and management of loan collateral and security interest, including Life insurance, Brokerage Accounts, and UCC filingsCorresponding with insurance companies and brokerage companies to ensure that assignments of life insurance and brokerage accounts are acknowledged by the agencyeRecording mortgages and deed of trust to the proper jurisdictionAssist Relationship Managers and Loan Coordinators with retrieving documentation from the imaging system or the collateral filesBack up to Commercial Loan File Review SpecialistResponsible for on-going knowledge of bank regulations related to compliance for commercial loansAssists in special projects and other duties as assignedEducation & ExperienceKnowledge of:Various lending regulationsExcellent organizational skillsStrong oral and written communication skillsAbility to:Manage multiple deadlinesAnalyze and solve problems for which there are not precedentsPerform duties and make decisions under frequent time pressuresEducation and Training:Requires High School diploma; continuing education preferred.Previous experience in commercial collateral/liens or documentation preferred.Requires knowledge of Microsoft Office - Word, Excel, and Adobe. Other bank proprietary systems helpful.Benefits And CompensationSalary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.(Base Pay Range: $19.50hr - $24.00hr)Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.Equal OpportunityBusey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.Unsolicited Resumes