Loan Operations Collateral Specialist

BayFirst National Bank is a full-service community bank as well as a national SBA Lender dedicated to providing a wide range of high-quality banking services delivered in a personalized, friendly manner. Founded in 1999 and headquartered in St. Petersburg, Florida, we are a true community bank with the goal of becoming a one-stop shop and trusted financial resource for the communities that we serve.

Understanding that our employees are our most valuable resource, we are committed to providing career development opportunities, competitive compensation, and generous benefits to our entire workforce. As an organization, we encourage open communication in an environment of mutual respect, where hard work is rewarded, and a professional but informal atmosphere is valued within the workplace.

Position Summary:

The Loan Operations Collateral Specialist monitors the timely and accurate completion of servicing responsibilities in accordance with loan guidelines and legal requirements. This includes but is not limited to; working with other departments to ensure collateral requests are completed timely and accurately, identifying, and updating collateral ticklers on core systems, imaging documents into Synergy, routing of collateral related checks, printing official documents for signature and notary, preparing outgoing mail, and fed ex. This role will also assist the Insurance Administrator with insurance related tasks, as well as assist the collateral team with projects and additional tasks as needed.

Responsibilities include but are not limited to:

1. Reviewing and updating core system with consumer, commercial, and life insurance policies. Imaging to Synergy,

2. Opening and scanning insurance policies received by mail. Log original titles received.

3. Mail paid in full packages to borrowers. Prepare official docs for signatures and mailing.

4. Return call and emails to borrowers regarding collateral and insurance.

Requirements include but are not limited to:

• High school diploma or GED equivalent required.
• Minimum of three (5) years of technical experience in Loan Operations
• Experience with Jack Henry solutions
• Ability to communicate effectively with all internal business partners and external customers.
• Strong organizational and time management skills and the ability to perform independently in setting objectives and determining how to proceed.
• Must be detail-oriented, and able to multi-task handling several different tasks and issues at the same time
• Basic understanding of commercial and consumer loan structures.
• Ability to create, modify and implement team procedures.
• Ability to research moderately complex issues.
• Working knowledge of federal, state and SBA compliance laws and regulations including a proven ability to apply these requirements to business practices and systems.
• Intermediate understanding of insurance related documents and policies

BayFirst National Bank believes that diversity and inclusivity are essential to positive long-term success and achieving our strategic business goals. We are proud to be an Equal Opportunity Employer, and we encourage diverse and talented applicants to apply. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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