Commercial Collateral Processing Specialist - Lending Services

Commercial Collateral Processing Specialist

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.

As a Commercial Collateral Processing Specialist, you will be doing preparation of commercial collateral release requests in compliance with bank policy and procedures, regulatory guidelines and investor standards by gathering and reviewing necessary documents and information. Prepare applicable legal documents. Documents may include state-specific real estate forms, UCC terminations, motor vehicle releases, brokerage, and life insurance documents. Release negotiable / safekeeping collateral, ensuring compliance with internal procedures. Update tracking databases. Respond to escalation requests in a timely manner. Maintain department expectations for quality and productivity. Communicate with staff, customers / clients, realtors, brokers, legal counsel, title companies, etc. to respond to inquiries, resolve problems and obtain additional documents needed to complete release requests in a timely manner. This position is also responsible for more complex functions within the team including but not limited to Quality Review, Release Research, Note Sales, procedural updates, system testing, and special projects.

Schedule : Monday - Friday core hours 10am-3pm local time; as long as you complete 8 hour work shift

Location : 3 days in office (flexible) at Gresham or Tempe; 2 days remote

Basic Qualifications :

• High school diploma or equivalent
• Typically six to eight years of relevant experience

Preferred Skills / Experience :

Location Expectations : The role offers a hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

Benefits : Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range : $24.18 - $32.21