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Commercial Collateral Operations Specialist

Process and verify commercial collateral documentation accurately and efficiently
Farmington Hills, Michigan, United States
Junior
$22 – 24 USD / hour
3 days ago
Michigan Staffing

Michigan Staffing

Michigan Staffing is not associated with the domain michigan.gov, which is the official government website for the state of Michigan.

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Commercial Collateral Operations Specialist

Are you a detail-oriented multitasker with a passion for commercial banking operations? Our financial customer is seeking a Commercial Collateral Operations Specialist to support their mission of being the most attentive, knowledgeable, and high-performing bank for our clients, teammates, and shareholders. This position is hybrid where you will be required to be onsite in Farmington Hills, MI for 3 days a week and remote for 2 days.

What You'll Do:

  • Process and manage a variety of commercial collateral requests with precision and timeliness.
  • Review loan documentation and verify MAP Authority for collateral release.
  • Prepare and file UCC terminations, discharges, and other release documents.
  • Index and image supporting documents into OnBase.
  • Audit stock and bond portfolios semiannually.
  • Collaborate with internal teams and external customers to resolve escalated issues.
  • Maintain workflow logs and contribute to team meetings and strategy sessions.

Skills & Tools You'll Use:

  • Commercial loan documentation (AOR, UCC filings)
  • MAP Authority verification
  • Microsoft Outlook and Excel
  • Horizon core banking system, OnBase, Simplifile, Wolters Kluwer Solutions
  • Government entity recording platforms

What We're Looking For:

  • Minimum 2 years of experience in commercial collateral, loans, or documentation
  • Hands-on experience perfecting and releasing commercial collateral are a MUST!
  • Strong organizational and time management skills
  • Ability to adapt quickly and manage multiple priorities
  • Excellent communication and customer service skills

Preferred Qualifications:

  • 3–5 years of relevant experience with perfecting and releasing commercial collateral.
  • Advanced Excel skills and familiarity with banking systems

Pay and Benefits:

The pay range for this position is $22.00 - $24.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

  • Medical, dental & vision
  • Critical Illness, Accident, and Hospital
  • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
  • Life Insurance (Voluntary Life & AD&D for the employee and dependents)
  • Short and long-term disability
  • Health Spending Account (HSA)
  • Transportation benefits
  • Employee Assistance Program
  • Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type:

This is a hybrid position in Farmington Hills, MI.

Application Deadline:

This position is anticipated to close on Sep 2, 2025.

About TEKsystems:

We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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Commercial Collateral Operations Specialist
Farmington Hills, Michigan, United States
$22 – 24 USD / hour
Operations
About Michigan Staffing
Michigan Staffing is not associated with the domain michigan.gov, which is the official government website for the state of Michigan.