Ensure perfection of all recordable collateral documentation and record liens on varying collateral types.
Manage and continue liens throughout the life of the loan.
Generate and monitor weekly reports to identify upcoming collateral covenants.
Communicate with Title Companies and Third Party Companies to resolve outstanding collateral covenants.
Responsible for reviewing incoming trailing documents for accuracy and completeness.
Removal and/or updating of collateral covenants accurately and timely on banks proprietary tracking system.
Collaboration with Relationship Managers, Loan Coordinators, and Third Parties of any discrepancies that need to be addressed.
Ongoing monitoring and management of loan collateral and security interest, including Life insurance, Brokerage Accounts, and UCC filings.
Corresponding with insurance companies and brokerage companies to ensure that assignments of life insurance and brokerage accounts are acknowledged by the agency.
eRecording mortgages and deed of trust to the proper jurisdiction.
Assist Relationship Managers and Loan Coordinators with retrieving documentation from the imaging system or the collateral files.
Back up to Commercial Loan File Review Specialist.
Responsible for on-going knowledge of bank regulations related to compliance for commercial loans
Assists in special projects and other duties as assigned.
Education & Training
Requires High School diploma; continuing education preferred.
Previous experience in commercial collateral/liens or documentation preferred.
Requires knowledge of Microsoft Office - Word and Excel; Adobe. Other bank proprietary systems helpful.
Excellent organizational skills
Strong oral and written communication skills
Various lending regulations
Analyze and solve problems for which there are not precedents
Perform duties and make decisions under frequent time pressures
Manage multiple deadlines
Busey believes that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
Equal Opportunity Employment is a priority for Busey and all qualified applicants will receive consideration regardless of race, color, religion, national origin, genetic information, sex (including pregnancy), age, sexual orientation, gender (including gender identity and expression), marital status, military status, veterans status, citizenship status, disability, order of protection or any other characteristic protected by applicable law or other non-merit based factors.
Internal Number: COMME03409
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.