GGL SAFEKEEPING SPECIALIST

Job Description

Responsibilities include :

• Work with manager and team with coordination of all safekeeping / enhanced operations activities.
• Provide enhanced operations servicing to our FHN Financial clients that safe-keep SBA GICs, SBA COOFs, and USDA guaranteed loans.
• Issue, track, and maintain safekeeping receipt registry.
• Provide clients with Debit / Credit Advices in advance of payments of P&I, payoffs, redemptions, etc. Advices will identify the specific loan / security, amount, date of payment or disposition. Payments / Credits will be affected via fed wire or ACH Credit.
• Collection and disbursement of principal and interest payments in a timely manner as identified in the terms and conditions of the FHN Financial Safekeeping Agreement.
• This position requires a degree of due diligence to ensure payments are accurate and borrowers are in good standing (current status). Loans payments remitted in error must be reconciled with lenders to bring balances and paid-to-dates in synch between lenders and investors.
• Provide specific reports / statements to our FHN Financial clients on a monthly basis that will reflect all payment activity on all assets whereby payments are received by FHN Financial. Statements will reflect all holdings, activities, and balances.
• Provide servicing for products sold to FHN Financial Holder / Investors such as USDA Loans, SBA Loans, and COOF's.
• In the event of borrower payment delinquencies, this team will determine reason(s) for the delinquency and learn of plan to remedy such delinquency. All research must be properly documented on the respective FHN Financial internal platform to properly our records / files.
• Work in tandem with the SBA's Fiscal and Transfer Agent (currently Guidehouse, LLP) and individual lenders to determine loan status.
• Work on additional projects and assignments on an ongoing basis.

Customer Service responsibilities and problem-solving skills of the position :

Problem solving skills required to resolve the following issues :

Educational Level :

About Us

First Horizon Corp. (NYSE : FHN) , with $82.6 billion in assets as of September 30, 2024, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com .

Benefit Highlights

Corporate Diversity Commitment :

We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.

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