Collateral Loan Release Specialist

Republic Bancorp, Inc. Louisville, KY
POSITION PURPOSE AND OBJECTIVES:

The Collateral Loan Release Specialist is responsible for assuring releases are prepared and processed according to laws and regulations within 30 days from the paid off date. Collateral objectives include monitoring incoming recorded mortgages and assisting with the weekly collateral basket.

MINIMUM QUALIFICATIONS:

* High School Diploma or equivalent required.

* Minimum of 1 year previous experience in a collateral environment preferred.

* Demonstrated proficiency in Microsoft Office programs.

* Understanding of loan documents and loan files.

* Understanding of regulations involved with the release process.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES:

* Monitor department email and answer incoming calls from internal and external clients.

* Maintain knowledge of release laws and requirements for multiple states and collateral types.

* Communicate with loan officers as needed on loan status updates.

* Review daily new loan report for accuracy.

* Reporting duties will include assisting management in monitoring deficiencies.

* Handle daily research requests from title companies, attorneys, internal, and external clients.

* Comply with all departmental procedures and policies.

* Willingly performs all other duties and projects as assigned.

INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED:

* Excellent verbal and written communication skills.

* Must be self-motivated and also work in a team environment.

* Requires a high energy level and strong sense of urgency.

* Strong attention to detail & organizational skills.

* Excellent ability to deal with clients issues, questions and/or complaints.

PHYSICAL REQUIREMENTS:

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 25-40 pounds. Specific vision abilities required by this position include close vision, and distance vision. The associate is frequently exposed to moving parts and occasionally to toxic chemicals. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS:

* Flexible work schedule that will include some evenings, weekends and overtime work.

* Occasional out-of-town travel is required.

* Travel between Republic Banking facilities may be required.

* Stay abreast of new developments, best practices, and statutory and regulatory changes.

The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities or requirements.