Collateral Analyst

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Ensure that all loans are appropriately collateralized in accordance with the collateral framework established by the credit team.

• Develop and implement processes to attain 100% accuracy in collateral management.

• Extract and analyze LexisNexis data on individuals and business entities.

• Conduct lien and title investigations to uncover existing liens and identify potential cross-collateralization.

• Assess flood zones for commercial real estate properties.

• Submit UCC liens utilizing LienSolutions.

• Allocate UCC-1 lien filings to the correct bank partner post-funding.

• Oversee portfolio filings to safeguard lien positions.

• Carry out collateral assignments of life insurance policies.

• Prepare subordination agreements using standard templates.

• Work collaboratively with closing officers and operations specialists.

• Partner with product and engineering teams to integrate collateral management features into loan origination software.

• Manage service level expectations related to collateral determinations and condition resolutions.

⛳️ Requirements

• Strong attention to detail.

• Proven leadership abilities.

• Demonstrated proficiency in computer skills.

• Established organizational capabilities.

• Effective teamwork and customer service skills.

🏝️ Benefits

• Comprehensive benefits programs that promote physical, financial, emotional, and social wellness.

• Incentive compensation plan linked to company, line of business, and/or individual performance.

• Unique compensation offerings.

• Employee and family benefits programs.