Job Description

Collateral & Insurance Processor

CLASSIFICATION: Non-exempt

REPORTS TO: Collateral & Insurance Manager

JOB DESCRIPTION

Summary/Objective

The Collateral & Insurance Processor’s primary focus is the collateral securing loans in the Bank. The processor will work closely with lending staff and other necessary departments to ensure trailing loan documents and required insurance coverages are in place. 

Essential Functions
 
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Process documents received via email, USPS, workflow queue etc.
  • Maintain the document tracking system on Silverlake by verifying the accuracy and recordation of Deeds of Trusts, Final Title Opinions, Final Title Insurance Policies, hazard/flood insurance, auto/equipment insurance, titles and UCCs etc.
  • Completes Weekly insurance reporting reviews
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