Collateral Specialist - Lien Perfection

Downers Grove Bank & Trust Co

Base: $42,000 - $60,000; bonus/equity: eligible fo...
Hybrid
3 years office operations experience
Consumer and commercial loan knowledge
High volume task completion within slas
Wintrust is seeking a Collateral Specialist for its Lien Perfection team, responsible for managing documentation and ensuring proper recording of collateral for loans. The position requires at least three years of experience in a banking operations environment and offers a supportive company culture with numerous benefits

Job Summary

  • The Collateral Specialist is responsible for perfecting various types of collateral including mortgage recording, UCC filing, and vehicle title liens to ensure the bank's line is properly recorded.
  • Wintrust offers a competitive pay package ranging from $42,000 to $60,000 along with eligibility for an annual bonus and comprehensive benefits including medical, dental, vision, and a 401k match.
  • The role requires reviewing original loan packages for completeness, creating collateral folders, and clearing exceptions while maintaining strict service level agreements.

Matching Summary

Match Score: 85

Wintrust is seeking a Collateral Specialist for its Lien Perfection team, responsible for managing documentation and ensuring proper recording of collateral for loans. The position requires at least three years of experience in a banking operations environment and offers a supportive company culture with numerous benefits.

Salary

Base: $42,000 - $60,000; Bonus/Equity: Eligible for annual discretionary or incentive bonus; Benefits: Medical, dental, vision, life, 401k with match, tuition reimbursement

Skills & Requirements

Must-have

  • 3 years office operations experience
  • consumer and commercial loan knowledge
  • high volume task completion within SLAs

Nice-to-have

  • IBS system experience preferred
  • entrepreneurial spirit culture
  • audit control procedures understanding

Key Requirements

  • High School diploma or equivalent
  • Minimum 3 years of banking operations experience
  • Good understanding of loan documents and processing standards

Work Rights

Not specified

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