Dallas Capital Bank · 3 weeks ago
Loan Collateral Doc Specialist
Dallas,TX,US
Full-time
Onsite
Mid Level
3+ years expDallas Capital Bank is committed to providing a world-class banking experience in the Dallas metroplex. They are seeking a Loan Collateral Doc Specialist responsible for reviewing loan documentation and ensuring compliance with financial and collateral tracking requirements.
BankingFinancial ServicesLendingProfessional Services
Responsibilities
Review new and renewed loan files after the funding of all loans once they have been booked into the bank's core system
Review and validate that financial and collateral ticklers are set up correctly for all new and renewed loan files to ensure the ticklers are monitored properly and promptly
Responsible for clearing all collateral and financial exceptions, which includes following up with the Client, Relationship Manager, and credit underwriting team when necessary, regarding Financials, SNDAs, Leases, etc
Monitor property insurance requirements on all real estate loans, including flood insurance on applicable loans, and take appropriate steps if the proper insurance is not in place; force the placement of insurance if required
Assist Loan Servicing by monitoring all escrowed loans to ensure third-party invoices are received and the insurance and property taxes are paid accordingly
Monitor and update the credit and collateral exception tracking system daily
Update the Bank's document Imaging platform as needed
Perform maintenance transactions on the loan system as required
Complete and/or approve loan payoff requests
Process paid loans (Paid Notes, Collateral Release, UCC, Flood terminations)
Assist with research requests regarding loan servicing, exception tracking, collateral releases, etc
Assist the management team in the preparation of support material associated with internal and external audits and/or bank exams
Qualification
Required
University degree, college diploma, or equivalent work experience required
Minimum 3 years of experience in lending or loan operations with a thorough understanding and knowledge of banking and compliance laws and regulations associated with the lending function
Ability to read and understand complex materials, including attorney prepared loan documents, with the ability to convey complex information in a way that is easy for others to understand
Must have a thorough understanding and knowledge of lending regulations and compliance issues associated with various types of loans. (Commercial, Commercial Real Estate, Consumer, Letters of Credit, Participations)
Knowledge of various types of lending contracts such as Deed of Trust, Mechanic's Lien, Promissory Note, Security Agreement, UCC recording, etc
Knowledge of the basic provisions of state and federal laws (Reg Z, HMDA, CRA) pertaining to lending, collateral, perfection of liens and valid checks
Ability to perform high volumes of work with regular interruptions under deadline pressure without losing accuracy
Ability to handle confidential information with discretion
Deadline-driven with exceptional attention to detail
Possess computer skills and be familiar with various software, such as Microsoft Office Suite (Outlook, Word, Excel, & PowerPoint)
A willingness to learn new procedures and adapt to changes in the work environment with a positive attitude, providing an example to other department employees
Knowledge of the purpose and functions of Loan Administration and how they relate to other departments such as Lending, Accounting, and Client Services Departments
Must be able to utilize standard business etiquette and work independently, adhering to policies and procedures, by utilizing judgment and discretion in problem solving
Excellent verbal, written, and interpersonal communication skills
Excellent time management, organizational, and problem-solving skills with the ability to multi-task and work in a deadline-driven environment
Must be self-motivated with strong attention to detail and a high level of accountability
Company
Dallas Capital Bank
Dallas Capital Bank focuses on treasury management, mortgage warehouse, commercial, private, and commercial real estate banking services.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Jason Matthews
President & Chief Banking Officer
Recent News
Business Journals
2023-07-06
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