• Immediate Opportunities - Business/Financial
  • Indianapolis, IN, USA
  • Full Time
  • Full benefit package

Loan Ops – Collateral Review DT Indy

EmployIndy has partnered with the largest, locally owned national bank in the greater Indianapolis area. Since opening our doors in 1993, we have grown from 18 employees to more than 300 employees. Our strength and success in serving the local markets directly attributable to our talented staff. Our goal is to be the undisputed leader in delivering outstanding banking service in Greater Indianapolis.

With greater than 90% staff retention year after year, and with a highly competitive benefit package, our staff enjoy a sense of stability not always experienced in the general work environment. Benefits include but are not limited to: medical/dental/vision/life insurance, vacation, personal time, holidays, tuition reimbursement, 401(k), profit sharing, and wellness benefits.

Purpose of Position: The incumbent is responsible for reviewing collateral for commercial and consumer loan accounts to ensure the Bank's interests are protected, providing the highest quality of service to every customer and serving as a point of contact for questions and training.

Essential Functions:
- Provides exceptional customer service by responding to questions, providing information and assistance to ensure that accounts are serviced in an accurate and timely manner
- Ensures receipt and validity of the loan documents and performs quality check
- Identifies and monitors collateral exceptions, updating host system accordingly
- Records and releases liens
- Orders post searches and verifies proper lien position; works with title company to resolve exceptions
- Tracks flood and hazard insurance
- Monitors and reports all outstanding fees
- Prepares subordination agreements
- Reviews daily and monthly tracking reports
- Performs monthly and quarterly audits of cash collateral
- May perform and/or serve as backup for booking/servicing and/or imaging, as appropriate

- High school diploma or equivalent educational experience
- One year loan servicing or related experience required
- Proven skill in reviewing/interpreting loan documentation
- Knowledge of compliance/regulations related to collateral and loan servicing helpful
- Demonstrated familiarity with all aspects of collateral, including but not limited to lien perfection and release, title commitments, final title policies and insurance
- High level of computer proficiency and strong working knowledge of Microsoft Office products and similar applications; knowledge of the Jack Henry core system helpful
- Excellent customer service, communication and problem solving skills
- Ability to work independently under pressure to meet deadlines; ability to organize and prioritize

This position has been closed and is no longer available.


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