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Collateral Clerk II at INDEPENDENT BANK

Memphis, Tennessee, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Sep, 26

Salary

0.0

Posted On

06 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Vehicle Titling, Lien Perfection, Deeds Of Trust, UCC Filings, Microsoft Office, Loan Processing, Data Entry, Record Keeping, Problem Solving, Customer Service, Regulatory Compliance, Attention To Detail

Industry

Banking

Description

Description Position Summary The Bank Collateral Clerk is responsible for processing, tracking, and maintaining vehicle title documents related to indirect auto loans and auto secured direct loans. They will also file Deeds of Trust for property secured loans, as well as UCC’s for business assets or other collateral documented within the loan approval. This role ensures compliance with state regulations and protects the bank’s lien position. Key Responsibilities Process incoming vehicle titles for loans financed with the bank. Submit filings of Deeds of Trust to the appropriate county offices. Submit filings of UCC’s Verify accuracy of titles, lien recordings, and supporting documentation Submit and track title paperwork with state DMV agencies Ensure liens are properly perfected Maintain accurate electronic and physical title records Resolve title discrepancies, missing documents, and registration issues Communicate with dealerships, customers, insurance companies, and DMV offices Monitor aging reports and follow up on outstanding titles Ensure compliance with bank policies, state laws, and federal regulations Assist with audits and reporting requirements Qualifications High school diploma or GED required Knowledge of vehicle titling procedures and lien perfection processes Strong attention to detail and organizational skills Proficiency with Microsoft Office and loan processing systems Ability to manage multiple tasks and deadlines Strong written and verbal communication skills Preferred Skills Experience with automotive lending or indirect lending Previous title clerk, DMV, banking, or automotive finance experience preferred Familiarity with state DMV systems and electronic title processing Data entry accuracy and record-keeping skills Problem-solving and customer service abilities Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Responsibilities

The Collateral Clerk processes and maintains vehicle titles, Deeds of Trust, and UCC filings to protect the bank's lien position. They are responsible for coordinating with DMV agencies, dealerships, and customers to resolve title discrepancies and ensure regulatory compliance.