Why this role stands out
Advance your career with Merchants Bank of Indiana, where you will play a vital role in managing critical loan collateral while gaining invaluable expertise in the fast-paced warehouse lending sector. This position is perfect for a detail-oriented professional who thrives in an organized, collaborative environment and is eager to make a tangible impact on operational excellence. Apply today to join a reputable team and elevate your skills within the financial services industry.
Quick overview
Job description
Manage physical loan collateral for the Warehouse Lending team, including receiving, logging, quality-checking, storing, reconciling and shipping original loan documents. Assist clients with questions, maintain accurate vault records, prepare loan documents for processing, and follow applicable regulatory requirements. This is a fully onsite role in Mt. Laurel, NJ.
Responsibilities
- Receive and log incoming packages from FedEx and UPS.
- Quality-control collateral documents and mark them accurately.
- Respond to client questions and concerns in a timely manner.
- Prepare and endorse allonges and package notes for pickup.
- Reconcile physical notes in the vault with the Warehouse Lending System weekly.
- Follow financial institution regulations and company policies and procedures.
Required Skills
- Physical document custody
- Collateral quality control
- Loan document tracking
- Vault reconciliation
- Document filing and retrieval
- Discrepancy research and resolution
- Allonge preparation and endorsement
- Warehouse lending systems
- Microsoft Outlook
- Microsoft Word and Excel
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