Trading Operations Analyst responsible for managing daily reconciliations and settlements of transactions at Kora. Collaborating with banking partners and ensuring payment accuracy.
About the role
- Collateral Release Specialist at SouthState responsible for releasing collateral on paid-out loans. Manage documentation and compliance for various loan types with hybrid work location.
Responsibilities
- Responsible for performing the release of collateral for the Bank’s paid-out loans and requests for partial releases and substitutions of collateral.
- Manage and complete the collateral release processes of the Bank’s paid-out loan files.
- Releases are processed on Real Estate Mortgage Loans filed through the appropriate counties; loans secured by paper Titles; loans secured by electronic Titles; loans secured by UCCs’; and loans secured by other security interests/sources.
- Review and interpret collateral documents to ensure collateral being released is correct and to verify if collateral is crossed to additional loans and should be re-allocated rather than released.
- Research bank files and public records as required to find all collateral documentation that may not be available from converted banks.
- Determine if appropriate lending authority is obtained for requests for partial releases and/or substitutions of collateral.
- Report paid-out status to MERS as required.
- Maintains the integrity, organization, and accurate removal of files contained in the Support Center Collateral Vault; Pulls files as listed on the daily paid out reports.
- Responds timely to all inquiries from customers, lenders and other bank personnel.
- Follows departmental policies and procedures pertaining to problem resolution to ensure the area is in compliance with Federal and State regulations and Bank guidelines.
Requirements
- High School Diploma required
- Experience in an operations or lending role relating to consumer, commercial and/or mortgage loans is preferred.
- Knowledge of Mortgage, Commercial and Consumer collateral documents and collateral satisfactions is preferred.
- Experience with FiServ systems software is preferred.
Benefits
- Annual Compliance Training
- Fiserv training as needed to perform specific tasks
- Vendor software training
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Tech skills
Location requirements
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