This position is responsible for reviewing notes and related loan documents to be able to accurately represent terms in payoff statements and demand letters and real estate reconveyance at loan payoff. Also reviewing all collateral items to ensure adherence to established Bank and department policies. Responsibilities include reviewing, investigating and clearing items on the collateral exception reports, ensuring proper control and maintenance of collateral entries to the loan collateral system, investigating and researching unresolved collateral discrepancies and processing paid loan paperwork for units assigned. investigating and clearing items on the paid collateral exception reports. WHAT WILL YOU DO? Reviews loan note and related loan documents prepares payoff statements and demands for title and escrow companies as well as borrower. Interprets terms of notes relating to prepayment penalties and accurately calculates and represents same in payoff statements. Releases collateral upon satisfaction of debt or receipt of appropriate levels of loan authority. Prepares and submits reconveyance documents for filing within regulation time period. Researches and follows up on exception items relating to paid loans. Ensures that lenders and various related departments are notified of pending items and follows up to clear up exceptions. Ensures proper control and maintenance of collateral files as required by Bank policy to facilitate examination by Bank Auditors, National Bank Examiners and Loan Review personnel. Investigates and researches unresolved collateral discrepancies. Consulting with department supervisors and manager to resolve problems or errors relating to collateral such as improper securities provided as collateral, incomplete collateral provided, etc. May contact other departments such as Securities Custody, New Accounts, etc. to resolve pending problems or errors. Processes paid loans, reviews files, forwards appropriate documents to borrower as paid and archives the file. Maintains a proactive commitment to established bank programs, such as Community Reinvestment Act (CRA) and Affirmative Action. Complies fully with all Bank Operational and Credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.). WHAT DO YOU NEED TO SUCCEED? Required Qualifications - Minimum of two years working with all types of collateral on commercial loans. Minimum of two years working with commercial loan documentation. Minimum of two years of experience in identifying and handling brokerage account statements with stocks, cash and bonds held as collateral Additional Qualifications. Knowledge of commercial loan documentation required. Experience in identifying and handling brokerage account statements with stocks, cash and bonds held as collateral as required. Knowledge of Depositary Transfer Company operations helpful. Working knowledge of Microsoft Word/ Excel would be required. Ability to interact effectively with all levels of Bank personnel, departments and customers. Proficient P. C. skills. Excellent verbal/written communication skills required. WHAT'S IN IT FOR YOU? Compensation.