Commercial Post Closing Review Release Specialist I
Busey
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- Pay
- $22 to $26
- an hour
- Location
- Tomahawk, United States
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 28
- 2 days ago
Career path
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About the company
Busey
Banking · 1,001 to 5,000 employees
What you'll do
- Complete collateral lien releases on Commercial loans
- Make calls and emails to obtain information needed to release the Bank’s lien or assignment
- Receive recorded satisfaction documents and mail them to appropriate borrowers
- Verify pertinent information is scanned to the core system of record
- Remove and update exception items associated with releases or paid loans for covenant tracking
- Assist with collateral document research for audits
- Assist in special projects and other duties as assigned
What you need
- High School diploma
- Knowledge of Microsoft Office, Word, Excel, and Adobe
- Continuing education (preferred)
- 1-2 years experience in commercial collateral/liens or documentation (preferred)
- Knowledge of various lending regulations
- Strong organizational skills
- Strong oral and written communication skills
- Ability to multi-task, work independently, and analyze and solve problems
Key skills
Commercial collateral/liensDocumentationMicrosoft OfficeWordExcelAdobeOrganizational skillsOral and written communicationAnalyze and solve problemsMulti-taskWork independentlyVarious lending regulations
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Perks
- 401(k) match
- Profit sharing
- Employee stock purchase plan
- Paid time off
- Medical
- Dental
- Vision
- Wellness incentives
See full description on company page, apply now
Read the full posting here
Position Summary
The Commercial Loan Post Closing Review Release Specialist I is part of the Post Closing Team in the Commercial Bank Service Support Department. This position is primarily responsible for preparing and executing release documents. This position assists with collateral document research for audits, both internal and external
Duties & Responsibilities
Responsible for completing collateral lien releases on Commercial loans for the Commercial Lending Division
Make necessary calls/ emails to obtain information needed to release the Bank’s lien or assignment
Ability to research and utilize multiple bank external programs to obtain needed information for release required
Receives recorded satisfaction documents and mails to appropriate borrowers, as required by state law
Verify all pertinent information is scanned to core system of record
Remove and update any exception items associated with releases or paid loans for covenant tracking
Comply with all federal, state, and local regulatory rules and regulations governing financial institutions, as well as company policies and procedures
Assists in special projects and other duties as assigned
Education & Experience
Knowledge of:
Various lending regulations
Strong organizational skills
Strong oral and written communication skills
Ability to:
Multi-task and work independently
Analyze and solve problems for which there are not precedents
Perform duties and make decisions under frequent time pressures
Education and Training:
Requires High School diploma; continuing education preferred.
Minimum 1-2 years experience in commercial collateral/liens or documentation preferred.
Requires knowledge of Microsoft Office – Word, Excel, and Adobe. Other bank proprietary systems helpful.
Compensation and Benefits
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $22.00-$26.00/hour)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails .