Specialist IV (Commercial Lien) in Brooklyn, OH at Key Bank- Corporate

Date Posted: 5/2/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4910 Tiedeman Road
    Brooklyn, OH
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    5/2/2018
  • Job ID:
    29029BR

Job Description

The Lien Filing team is centralized in Brooklyn, Ohio and consists of five Commercial and six Consumer Collateral Specialists, a Workflow Coordinator, and a Department Manager.
The primary objective of the Lien Filing team is to minimize risk and controllable loss by ensuring that collateral used to secure a loan or line is filed timely with the county or state recording jurisdiction.
The Lien Filing Specialists are responsible for all tasks associated with preparing and filing loan collateral documents in accordance with department procedures and State / County requirements, in order to perfect KeyBank's lien on the loan or line.
Essential job functions include:
  • Analyze loan or line to determine the proper documentation necessary to secure the collateral.
  • Ensure timely lien filing for various types of collateral; including real estate, titles, UCCs, and documented vessels.
  • Review and analyze trailing loan documents to ensure all documentation exceptions are appropriately resolved.
    • Diminish risk to KeyBank by ensuring regulatory and policy compliant documentation.
  • Communicate with county and state title bureaus and county recorder offices to discuss lien filing process and requirements.
  • Communicate with third party vendors and line of business partners to resolve document exception items.
To achieve our daily processing goals, after an initial six-month on-boarding period, Lien Filing Specialists are expected to achieve task specific: service level, quality, and productivity standards while adhering to KeyBank policies and department procedures.
REQUIRED QUALIFICATIONS
  • High School diploma or equivalent
  • Intermediate PC skills and ability to use MS Word
  • Experience working with mainframe and web-based applications
  • Ability to read and interpret complex legal documents
PREFERRED QUALIFICATIONS
  • Prior collateral processing or loan records experience
  • General knowledge of consumer and commercial loan products
  • Knowledge of collateral documentation
  • Experience working with the ALS, CLS, Loan IQ, and KVD applications
  • Experience working in a fast paced, back-office, banking operation
  • Training Provided: Written procedures and on the job training with a subject matter expert.


ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Technology and Operations (KTO) is Key Bank’s shared services organization for technology, operational, and servicing functions supporting business partners and clients across all lines of business. Within the overall organization, KTO provides efficient, reliable and secure technology; creates an effective variable cost technology delivery model that maximizes the return on IT spend; orchestrates the efficient use of corporate information and technology assets; and supports innovation that creates competitive distinction. KTO is effective and efficient in payment and deposit servicing, loan servicing, exception and dispute processing, investment and support services, sourcing and procurement, as well as enterprise-wide fraud prevention, investigations and operational support to human resources and the Bank’s BSA/AML program.

FLSA STATUS:Non-Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 29029BR