New

Collateral Documentation Specialist

TEKsystems
$29.00 - $32.00 / hr
life insurance, sick time, 401(k), retirement plan

Jan 17, 2025
Description Essential Duties and Responsibilities: 1. Assists in drafting and review of basic legal, loan and collateral documentation, correspondence and opinions. 2. Perfects collateral according to state statutes and maintains perfection of collateral to include extensions, amendments, and continuations as needed. 3. Creates and maintains UCC lien on loan collateral with the Secretary of State or through approved vendor. 4. Reviews lien search reports performed on loan collateral. 5. Performs post-closing review, monitoring and safekeeping of collateral documents including promissory notes, security agreements, mortgage, and deeds of trust; lien positioning; county or state lien filings. 6. Identifies and creates exception-tracking items in collateral tracking system for collateral reporting deficiencies and discrepancies. 7. Reviews, monitors, and tracks collateral documents including Guarantee Agreements, Pledge Agreements, Stocks, vehicle titles, and warehouse receipts. 8. Assists business line staff with exception questions and resolving outstanding exception items. 9. Assists in performing legal audits. 10. Maintains and organizes legal files and legal electronic database, legal training materials and manuals. 11. Assists in research mortgage law to keep mortgage review binders current. 12. Assists in drafting procedures and guidance. 13. Responds to customer requests related to status updates and details of the transaction after consulting with an attorney. Internal and external customers include but are not limited to relationship managers, credit analysts, attorneys, and outside counsel. 14. Performs custodial duties and audits for the note files and other specific types of personal property files held in records. 15. Inputs and maintains tracking of collateral and insurance. 16. Ensures compliance with applicable laws and regulations. Qualifications MUST HAVE * 2 years of experience in a commercial lending environment preparing or reviewing loan documentation or perfecting and maintaining commercial collateral; or a combination of experience and education. * High School Diploma required, Bachelor preferred * Proficiency in Salesforce a plus * Proficiency in Excel required, must be able to manage large spreadsheets Pay and Benefits The pay range for this position is $29.00 - $32.00 Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a hybrid position in Greenwood Village,CO. Application Deadline This position will be accepting applications until Jan 23, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.