October 14, 2016

Collateral Servicing Representative

Commerce Bank - Kansas City, MO

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  • Company
    Commerce Bank Commerce Bank
  • Location
    Kansas City, MO
  • Job Type
  • Job Classification
    Full Time
  • Company Ref #
  • AJE Ref #

Job Description

20098 Collateral Servicing Representative (Open)

Job Category:

Grade 06 ----------------------------------------------------------------------

Location: 811 Main St, Kansas City, Missouri 64105 ----------------------------------------------------------------------

Job Expectations:

How would you like to work for a great company that offers career growth and values your skills and experience? For over 150 years, Commerce Bank has built a strong reputation as a Super Community bank and is recognized as an industry leader. In today's growing and competitive financial services industry, we look for creative and innovative solutions to meet the needs of our customers. To achieve our results, we recruit the best and brightest employees who ask, listen and solve to meet our customers' needs!

Commerce Bank is seeking a motivated and customer focused individual for a Commercial Loan Servicing Representative opportunity.

As a Commercial Loan Servicing Representative you will:

*Become comfortable with legal, compliance, sales, and credit policies to monitor ongoing documentation needs.

* Log, file and monitor all collateral documents. File appropriate documents with county, state, and federal offices to post liens. Record and monitor ongoing documentation requirements.

* Manage incoming documentation proving legal compliance and execution, insurance, lien position and borrowing authority.

* Communicate with lending offices on required documentation, exception and release processing.

* Research files for Loan Review, Credit, Compliance, and Legal Departments as needed.

* Release collateral and process paid notes on instruction from lender.

* Insure 100% compliance with federal flood regulations on all real estate collateral.

Work Hours: Monday-Friday 8am-5pm.

Preferred applicants will have:

* Commercial lending or banking experience preferred.

* Knowledge of Commercial loan or legal documentation preferred

* Must work well within a team setting - experience in a cross-functional team preferred.

* A desire to work in a task oriented and deadline driven environment.

* Excellent verbal & written communication skills.

* Highly organized and self-motivated in a team environment or independently.

* Flexible, adaptable and able to handle fast-paced and changing environment.

* Identify and drive process improvements.

* Working knowledge of Microsoft Office.

Time Type:

Full time