Collateral Generalist, Loan Operations
BayCoast Bank
full-time
Posted on:
Location: Massachusetts • 🇺🇸 United States
Visit company websiteSalary
💰 $37,974 - $44,305 per year
Job Level
Mid-LevelSenior
About the role
- Process payoff including discharges and paid notes.
- Ensure collateral documents are released in the required timeframe.
- Utilize Simplifile and ILien to record and release collateral electronically.
- Follow up on requests for missing discharges or UCC, including preparing and filing duplicate discharges.
- Assist in opening Salesforce cases from department emails and faxes.
- Assist with quality control review of Consumer and Residential mortgages ensuring the loans are correct on COCC.
- Scan documents and index them accordingly in Integra for Commercial, Consumer and Residential loans.
- Process incoming checks for payoffs to General Ledger accounts and open Salesforce cases for timely payoff of loans.
- Assume additional responsibilities as requested and work overtime during high volume periods.
- Refer potential new business to other Bank areas (BayCoast Insurance, Plimoth Investment Advisors, BayCoast Mortgage Company, Teamwork Funding, Priority Funding) and align with Bank mission and core values.
Requirements
- Strong business communication skills with an ability to work well in a collaborative environment including other internal departments.
- Strong attention to detail with an ability to multi-task and respond well to pressure and competing deadlines.
- Strong skills in Excel (pivot tables, vlookups, and other formulas).
- Fast learner – able to assimilate new ideas and thrive in a fast-paced environment.
- Experience with Simplifile and ILien for recording/releasing collateral electronically.
- Experience with Integra, COCC, and Salesforce case management.
- Ability to process payoffs, discharges, UCCs, and prepare/file duplicate discharges.
- Ability to scan and index documents for Commercial, Consumer and Residential loans.
- Ability to process incoming checks to General Ledger accounts.
- Physical ability to sit, talk, hear, lift to 20 lbs., and availability to work evenings and/or weekends, attend remote meetings and/or travel.