Loan Ops Collateral Release Specialist - Charleston jobs in United States
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SouthState Bank · 2 months ago

Loan Ops Collateral Release Specialist - Charleston

SouthState Bank is known for its commitment to helping customers move forward and fostering community relationships. The Loan Ops Collateral Release Specialist is responsible for managing the collateral release processes for the Bank’s loans, ensuring compliance with regulations and internal policies, while also providing support for other areas within Loan Operations as needed.

BankingFinanceFinancial ServicesLendingWealth Management

Responsibilities

Manage and complete the collateral release processes of the Bank’s paid-out loan files. Releases are processed on Real Estate Mortgage Loans filed through the appropriate counties; loans secured by paper Titles; loans secured by electronic Titles; loans secured by UCCs’; and loans secured by other security interests/sources. Releases would be processed and submitted through mail and/or the applicable state and county on-line services or appropriate vendor software
Review and interpret collateral documents to ensure collateral being released is correct and to verify if collateral is crossed to additional loans and should be re-allocated rather than released
Research bank files and public records as required to find all collateral documentation that may not be available from converted banks
Determine if appropriate lending authority is obtained for requests for partial releases and/or substitutions of collateral
Report paid-out status to MERS as required
Maintains the integrity, organization, and accurate removal of files contained in the Support Center Collateral Vault; Pulls files as listed on the daily paid out reports. Responds timely to all inquiries from customers, lenders and other bank personnel
Follows departmental policies and procedures pertaining to problem resolution to ensure the area is in compliance with Federal and State regulations and Bank guidelines
Keeps up-to-date with industry trends and regulations
Perform all other related job duties and special projects as assigned
Ensures compliance with the South State Bank Code of Business Conduct and Ethics and other operating policies and procedures. Completes required compliance training, adheres to all anti-money laundering guidelines and procedures, and all regulatory requirements

Qualification

Collateral release processesMortgage collateral knowledgeFiServ systems softwareCommunication skillsAttention to detailCustomer serviceMathematical computationsResearch skillsMS Office proficiencyOrganizational skillsTime management

Required

High School Diploma required
Ability to handle confidential information (customers and employees)
Strong communication skills, written and verbal
Ability to work well independently with little to no supervision
High degree of accuracy and attention to detail
Excellent Organizational and Time Management skills
Ability to maintain accurate records
Ability to perform mathematical computations accurately
Ability to perform research through various support systems
Ability to adjust to a changing environment
Ability to work under pressure and meet deadlines
Ability to function harmoniously with management and employees of the Association
Ability to provide quality customer service to internal and external clients
Must be proficient with MS Office (Word, Excel)

Preferred

Experience in an operations or lending role relating to consumer, commercial and/or mortgage loans
Knowledge of Mortgage, Commercial and Consumer collateral documents and collateral satisfactions
Experience with FiServ systems software

Company

SouthState Bank

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The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward.

Funding

Current Stage
Public Company
Total Funding
unknown
2013-08-09IPO

Leadership Team

D
Dan Bockhorst
Executive Vice President Chief Credit Officer
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