Collateral Specialist - Warehouse Lending jobs in United States
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Merchants Bank IN · 1 month ago

Collateral Specialist - Warehouse Lending

Merchants Bank IN is a diversified bank holding company headquartered in Carmel, Indiana. The Collateral Specialist will work with the team to manage warehouse lending collateral, assist clients, and ensure compliance with regulations.

BankingFinanceFinancial Services

Responsibilities

Receive and log FEDEX and UPS incoming packages
Quality Control collateral and mark accurately
Respond to and assist clients with any questions or concerns timely
Learn our Warehouse Lending System
Prepare and endorse allonges
Package Notes and place appropriately for pickup
Reconcile the Vault weekly, to ensure information in Warehouse Lending System matches physical notes on site
Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures
Assist with other duties as assigned by the Warehouse Collateral Manager

Qualification

Warehouse Lending SystemOffice SuiteMortgage experienceCommunication skillsDetail orientedCritical thinking

Required

High School diploma or GED from an accredited institution
Basic skills in Office Suite-Word, Outlook, and Excel
Strong written and verbal communications skills
Detail oriented and strong critical thinking skills

Preferred

Prior mortgage experience preferred

Company

Merchants Bank IN

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Ranked as one of the top-performing banks in the U.S.

Funding

Current Stage
Public Company
Total Funding
$403.11M
2024-11-18Post Ipo Equity· $230M
2024-05-13Post Ipo Equity· $98.04M
2021-05-14Post Ipo Equity· $46.18M

Leadership Team

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Bill Fessel
Chief Operating Officer - Business Lending
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Robert Burtner
Senior Vice President - Chief Credit Officer
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Company data provided by crunchbase