Commercial Post Closing Review Specialist

Position Summary

The Commercial Loan Post Closing Review Specialist is part of the Post Closing Team in the Commercial Bank Service Support Department. This position is primarily responsible for preparing and executing release documents. The role assists with collateral document research for audits, both internal and external.

• Complete collateral lien releases on Commercial loans for the Commercial Lending Division.
• Make necessary calls/emails to obtain information needed to release the Bank's lien or assignment.
• Prepare and execute collateral lien release documents.
• Research and utilize multiple bank external programs to obtain needed information for release.
• Receive recorded satisfaction documents and mail to appropriate borrowers as required by state law.
• Verify all pertinent information is scanned to core system of record.
• Comply with all federal, state, and local regulatory rules and regulations governing financial institutions, as well as company policies and procedures.
• Assist in special projects and other duties as assigned.

• Knowledge of:
  • Strong oral and written communication skills
  • Federal regulations
• Ability to:
  • Multi-task and work independently
  • Analyze and solve problems for which there are no precedents
  • Perform duties and make decisions under frequent time pressures
• Education and Training:
  • Requires High School diploma; continuing education preferred.
  • Requires 2 or more years' experience in Commercial collateral or documentation.
  • Requires understanding of Commercial loan documentation and regulatory requirements to ensure integrity of banks' legal documents and lien position.
  • Requires knowledge of Microsoft Office and other bank proprietary systems.

Salary is based on job duties, qualifications, experience, and local market trends. The role may be eligible for bonuses or incentives based on company and individual performance. (
Base Pay Range: $19.50/hr - $24.00/hr
) Busey provides a competitive Total Rewards package including 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance, long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives, and an employee assistance program. Eligible associates may also take advantage of pre-tax health savings accounts and flexible spending accounts. For more information, visit Busey Total Rewards.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. Busey is an Equal Opportunity Employer regarding Disability/Vets. For more information, visit