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Specialist
CIT
Pasadena, CA, United States
Job Details - this job has expired, please see similar jobs below
Overview
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.
Responsibilities
Responsible for reviewing loan and security agreements to determine collaterals associated with a loan.
Responsible for the perfection of collateral to ensure the bank is in priority lien position. Review and perfecting title policy and UCC, trademark, copywright and stocks.
Ongoing interaction with originating business units, legal, and title offices to ensure said collateral is identified and secured ensuring the collateral is perfected and tracked for life-of-loan to protect the Bank's security interest.
Ongoing oversight and management of possessory collateral until the loan is satisfied.
Qualifications
2 + years of experience in a commercial loan servicing role.
Experience in collateral management is a must. Knowledge of commercial loan documentation preferred.
Good communications skills. Ability to multi-task and work in a fast pace environment.
Processing knowledge of LoanIQ, PCFS and/or Strategy loan systems a plus.
Basic to intermediate proficiency in MS Word and Excel.