Consumer Loan Collateral Specialist I

Job description

JOB RESPONSIBILITIES: - Accurately board collateral loan data to host system - Ensure all liens are fully secured on every collateralized consumer loan, including timely processing of liens and maintaining accurate documentation. - Ensure the bank’s lien positions on all collateral are properly perfected, maintained, and released in a timely manner - Audit and ensure proper documentation for all title processing on vehicle purchases - Perform basic research requests for lien placements and terminations, including contacting title offices in other states, under direct supervision. - Stay current with bank, investor, and regulatory changes, including out-of-state changes in title and vehicle registration processes, and assist in communicating changes to other collateral associates - Provide general guidance and support to the affiliate banks and dealers in regard to collateral maintenance - Manage the processing of titles for newly financed vehicles, ensuring timely and accurate completion and match titles to appropriate loan files when received - Apply State of Ohio and other US states’ vehicle laws, lien placement and title assignments in order to protect the Bank's security intere...