Merchants Bank IN
Collateral Specialist - Warehouse Lending
Merchants Bank IN, Mount Laurel, New Jersey, United States
Collateral Specialist - Warehouse Lending
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Collateral Specialist - Warehouse Lending
role at
Merchants Bank IN .
The Collateral Specialist is an onsite position that will work with our team to receive incoming warehouse lending collateral, process note shipment requests, maintain a tidy and accurate collateral vault, and build strong relationships with the Warehouse Lending clients.
Responsibilities
Receive and log FEDEX and UPS incoming packages
Quality control collateral and mark accurately
Respond to and assist clients with any questions or concerns timely
Learn our Warehouse Lending System
Prepare and endorse allonges
Package notes and place appropriately for pickup
Reconcile the vault weekly to ensure information in the Warehouse Lending System matches physical notes on site
Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures
Assist with other duties as assigned by the Warehouse Collateral Manager
Requirements
High School diploma or GED from an accredited institution
Basic skills in Office Suite – Word, Outlook and Excel
Strong written and verbal communication skills
Prior mortgage experience preferred
Detail oriented and strong critical thinking skills
About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi‑family Mortgage Banking, Mortgage Warehousing and Banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500‑999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022).
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Collateral Specialist - Warehouse Lending
role at
Merchants Bank IN .
The Collateral Specialist is an onsite position that will work with our team to receive incoming warehouse lending collateral, process note shipment requests, maintain a tidy and accurate collateral vault, and build strong relationships with the Warehouse Lending clients.
Responsibilities
Receive and log FEDEX and UPS incoming packages
Quality control collateral and mark accurately
Respond to and assist clients with any questions or concerns timely
Learn our Warehouse Lending System
Prepare and endorse allonges
Package notes and place appropriately for pickup
Reconcile the vault weekly to ensure information in the Warehouse Lending System matches physical notes on site
Comply with all federal, state and local regulatory rules and regulations governing financial institutions, as well as all company policies and procedures
Assist with other duties as assigned by the Warehouse Collateral Manager
Requirements
High School diploma or GED from an accredited institution
Basic skills in Office Suite – Word, Outlook and Excel
Strong written and verbal communication skills
Prior mortgage experience preferred
Detail oriented and strong critical thinking skills
About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi‑family Mortgage Banking, Mortgage Warehousing and Banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500‑999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022).
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