Job Description

Job Description

Job Description

Description:

The Loan Title Clerk is responsible for managing all aspects of the title process for consumer and commercial loans. This includes ensuring timely and accurate lien perfection, coordinating with members, dealerships, financial institutions, and state agencies, and maintaining up-to-date records of title documentation. The Title Clerk plays a critical role in protecting the credit union’s interest in collateral by verifying that proper titling has been completed and that liens are perfected in accordance with regulatory and internal guidelines.

• Prepare and submit title applications for consumer and commercial collateral, including motor vehicles, recreational vehicles, boats, and mobile homes.
• Ensure lien perfection by submitting required documentation to appropriate state agencies or third-party processors.
• Follow up on outstanding titles and lien filings to ensure completion within required timeframes.
• Communicate with dealerships, members, and third parties to resolve title discrepancies or delays.
• Review loan documentation for accuracy and completeness prior to submitting title paperwork.
• Maintain accurate records and tracking of all title-related transactions and lien releases.
• Process lien releases and provide necessary documentation upon loan payoff or refinancing.
• Stay current on state-specific titling regulations and update internal procedures as needed.
• Respond to internal and external inquiries related to titles, liens, and registration processes.
• Support the loan servicing team with title-related tasks, including assistance with audits or documentation requests.
• Identify opportunities to streamline title processing workflows and suggest improvements.

Experience: 1-4 years in loan or financial services, or customer service clerical settings preferred.

Education: A high school education or equivalent.

Maine Savings offers an excellent compensation package as well as the opportunity to thrive in a challenging, fun, and exciting environment. Maine Savings also offers health insurance, dental and vision insurance, 401k with company match, paid holidays, a generous Paid Time Off program, employee referral program, employee discounts, continuing education and student debt relief programs, longevity bonuses and more!

Maine Savings is a growing modern financial institution offering members a full range of financial services. With over 38,000 members and over $800,000,000 in assets, Maine Savings is among Maine’s largest credit unions. With 12 branches, nearly 175 employees, and state-of-the-art technology, Maine Savings is committed to providing its members in-person service and modern conveniences. Founded in 1961 by employees of the Bangor and Aroostook Railroad Company, Maine Savings continues to serve its membership as a federally insured not-for-profit credit union.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other characteristic protected by law.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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