Collateral Specialist - Mt Laurel, United States - Merchants Bancorp

Description

Job Type

Full-time

Description

The Collateral Specialist is an onsite position that will work with our team to receive incoming warehouse lending collateral, process note shipment requests, maintain a tidy and accurate collateral vault, and build strong relationships with the Warehouse Lending clients.

After one year as our Collateral Specialist, you will know if you were successful if you...

• Receive and log FEDEX and UPS incoming packages
• Quality Control collateral and mark accurately
• Respond to and assist clients with any questions or concerns timely
• Learn our Warehouse Lending System
• Prepare and endorse allonges
• Package Notes and place appropriately for pickup
• Reconcile the Vault weekly, to ensure information in Warehouse Lending System matches physical notes on site.
• Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures.
• Assist with other duties as assigned by the Warehouse Collateral Manager.

Requirements

What we are looking for...

• High School diploma or GED from an accredited institution.
• Basic skills in Office Suite-Word, Outlook, and Excel.
• Strong written and verbal communications skills.
• Prior mortgage experience preferred.
• Detail oriented and strong critical thinking skills.

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business, including Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing; mortgage warehouse financing; retail and correspondent residential mortgage banking; agricultural lending; and traditional community banking. Merchants Bancorp, with $17 billion in assets and $14.1 billion in deposits as of December 31, 2023, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Servicing, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.

We are very proud of being recognized both nationally as one of the top-performing public banks in the US. By S&P Global Market Intelligence and locally as a Best Place to work in Indiana for seven consecutive years. Learn more about this read more here.