Loan Operations Collateral Specialist Position Available In East Baton Rouge, Louisiana
Tallo's Job Summary: Campus Federal Credit Union in Baton Rouge, LA is hiring a Loan Operations Collateral Specialist. This full-time role pays $34.9K - $48.2K a year with benefits such as dental insurance and paid sick time. Qualifications include a high school diploma or GED, Certified Notary Public, and 2 years of relevant experience.
Job Description
Loan Operations Collateral Specialist Campus Federal Credit Union – 3.3
Baton Rouge, LA Job Details Full-time Estimated:
$34.9K – $48.2K a year 16 hours ago Benefits Dental insurance Paid sick time Qualifications Mid-level High school diploma or GED Certified Notary Public 2 years Full Job Description Campus Federal has an opening for a Loan Operations Collateral Specialist. The primary purpose of this position is to assist Campus Federal in our Mission, to enhance the lives of our members and the communities we serve. Providing excellent service to members and to team members of Campus Federal accomplishes this purpose.
Duties and Responsibilities:
Real Estate Perform a quality assurance and compliance check on all real estate secured consumer/retail, and mortgage loans to adhere to CFCU policy & guidelines as well as state and federal regulations; identify errors; write exceptions; exercise authority to correct as needed. Ensure Loan Officer collected HMDA data is entered correctly in the HMDA system Process Subordination Requests; obtain approval Track & process re-inscriptions of mortgage for all real estate secured loans to ensure collateral positions are retained Quote payoff for all real estate secured loans Participate in the Collateral Valuation Program (appraisal) for retail real estate secured loans by ordering appraisal, reviewing, and accepting/denying evaluation per regulation. Process Closed Loan Report to ensure collateral is released and mortgages are canceled timely Motor Vehicle Perform a quality assurance and compliance review of all motor vehicle and/or UCC Collateralized loans to ensure loans meet CFCU’s guidelines and policies as well as adhere to all federal and state regulations; identify errors; write exceptions; exercise authority to correct errors Perfect vehicle & boat, motor, trailer collateral for direct loans Determine documentation, taxes, and fees; complete and process paperwork to obtain vehicle transfer and/or lien recordation through appropriate state Tag Agency/Secretary of State/Coast Guard/FAA/Wildlife & Fisheries as applicable; exercise authority to correct as needed; maintain follow-up for receipt of lien perfected collateral; mail license plates Ensure electronic lien & title entries are accurately completed Act as back-up for
Loan Document Specialist, Consumer Loan Processor, Motor Vehicle Loan Processor, & QA Real Estate Collateral Specialist Requirements:
High School Diploma or GED 2 years real estate loan documentation experience 2 years relevant financial institution experience with a concentration on motor vehicle experience and loan documentation Louisiana Notary preferred Benefits include: 100% paid health, dental and LTD insurance for the employee. Other benefits and dependent benefits available. Generous paid vacation and paid sick leave also available. Due to the high volume of applicants, only those most qualified will be contacted. EOE
