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Fifth Third Bank · 13 hours ago

Commercial Collateral Admin Analyst

Cincinnati, OH

Full-time

Onsite

Mid Level

3+ years exp

Fifth Third Bank is a leading financial institution that connects great people to great opportunities. The Commercial Collateral Admin Analyst is responsible for the research, review, and submission of commercial collateral documents, ensuring compliance with regulations and maintaining accurate records.

BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage

Responsibilities

Perform review of commercial collateral for modification, amendment and/or termination as requested by portfolio or relationship managers. Work with commercial line of business partners to determine appropriate courses of action related to commercial collateral for renewal or cross-collateralization

Work with the construction group to review and prepare partial releases as lots are sold

Prepare and review for accuracy electronically filed documents prior to submission to jurisdictions

Maintain safekeeping of all liquid collateral. Update the system with all new deposits and withdrawals

Work with in-house counsel in the preparation of letters of intent to accompany payoff quotes when requested

Release liens for all vehicle titles held electronically and prepare paper copies of releases when needed

Collect relevant information and process paperwork to facilitate lien placement. Review all incoming real estate secured documentation from commercial post-closing prior to assisting in facilitation of filing with appropriate jurisdictions

Prepare additional releases of judgments, release of guarantors, and other documents that require a high level of initial review with SAG and other commercial partners

Review credit memos to determine appropriateness of release requests, substitutions of collateral, release of guarantors, and other collateral related issues

Monitor collateral release mailbox and CRM requests for release requests and customer service issues throughout the day

Determine appropriate individual(s) who have proper credit authority to release and make contact for approval

Update the commercial loan database to maintain its integrity regarding collateral information

Review and resolve collateral issues received from affiliate lines of business within departmental SLA

Update AFS and ACBS with collateral information as appropriate

Validates entity business status and legal name through research

Files new UCC’s, continuations, amendments and assignments as required. Reviews all necessary documentation prior to filing

Monitors the AFS tickler system to insure timely filing of continuation of UCC’s

Identifies filing requirements for unique collateral such as equine, airplane engines, agriculture, assignment of contracts, assignment of membership interest and Purchase Money Security Interest

Compiles Excel, Mobius and Access reports

Qualification

Commercial loan documentationCollateral managementAnalytical skillsWindows navigationCommunication skillsAFS systemExcel proficiencyOutlook proficiencyFilenet knowledgeMobius reportingAccess reporting

Required

High school diploma or equivalent required

Minimum of 3 years of commercial loan documentation experience required

Strong verbal and written communication skills

Strong Analytical skills

Navigation skills for Windows based products

Knowledge of PC based loan documentation systems and Bank mainframe systems (AFS, Excel, Outlook, etc.)

Preferred

Associate or undergraduate degree preferred

Proficient with the various Commercial Loan systems, AFS, ACE, Filenet, etc

Benefits

Comprehensive benefits

Differentiated compensation offerings

Company

Fifth Third Bank

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Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank.

Founded in 1858

Cincinnati, Ohio, USA

10001+ employees