Collateral Specialist Victoria Navarro

Collateral Specialist (Full Time) – Victoria Navarro

Prosperity Bank invites applications for the Collateral Specialist (Full Time) role in Victoria, TX. External applicants should apply through the Prosperity Bank Career Center.

Responsible for ensuring the protection of all collateral, which includes accurate and timely recording of collateral documents, safekeeping of original documents, and release of collateral upon payoff of loan, all within required regulations and guidelines.

• Organize, file, maintain and track all Consumer and Commercial collateral documentation.
• Timely process collateral documentation to ensure the bank obtains priority lien position.
• Review documents for accuracy prior to recording of lien.
• Ensure the safekeeping of original loan and collateral documents in fireproof file cabinets.
• Process Letters of Guarantee for insurance companies.
• Process Dealer Draft requests.
• Maintain Excel spreadsheet and reconcile all Note Receivables against borrowing base monthly.
• Set up individual tracking for each property by item key number on large commercial loans.
• Process UCC continuations, terminations and lien releases and mail paid‑in‑full letters and titles to customers.
• Work UCC alerts timely and alert Loan Officer and management of any issues that could impact our lien position.
• Process internal and external customer requests regarding existing Real Estate, Commercial and Consumer Loans.
• Follow up on outstanding collateral exceptions and reach out to lending staff for assistance on required documents.
• File and maintain incoming titles, white slips and other collateral documentation.
• Follow all compliance policies and procedures.
• Perform other duties as assigned, tasks and special projects as required.

Education/Certification:

High School Diploma or GED. Three or more years in Mortgage, Consumer, and Business loan servicing and/or collateral handling preferred.

• Spreadsheet software and Word processing software.
• General filing systems.
• Knowledge of applicable bank mainframe systems.

• Ability to read and comprehend simple instructions, short correspondence, and memos.
• Ability to write simple correspondence.
• Ability to effectively present information in one‑on‑one and small group situations to customers, clients, and employees.
• Apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Apply common sense understanding to carry out detailed but inertial instructions.
• Must be detail oriented.
• Tact in dealing with customers and employees.
• Light typing; moderate to heavy computer input.
• Thorough knowledge of general filing systems.
• Highly organized.
• Good verbal and written skills.
• Proficient in all applicable bank mainframe systems.
• Proficient computer skills.

Monday – Friday: 8:00 AM – 5:00 PM (40 hours).

Victoria, TX