ABL Collateral Analyst II

Responsibilities

• Review, analyze and reconcile borrowing base certificates and supporting documentation.
• Process advances, collections and collateral updates.
• Calculate ineligible collateral and communicate with borrowers and internal operational units.
• Participate in settlements with Agents and follow up on past due items.
• Report delinquencies and participate in monitoring portfolio risk exposure.
• Prepare, maintain and update Account Servicing Guides.
• Review collateral field examinations and implement recommended changes.
• Work with Credit and Operations Manager to ensure proper documentation of loans and compliance with regulations.
• Monitor cash collateral, operating and lockbox accounts and DDA’s for suspicious or overdraft activity.
• Participate in required training sessions for compliance.

Requirements

• Bachelor’s Degree in Business preferred or two years of college plus equivalent experience of 1-4 years of commercial lending experience, preferably asset based lending, in a bank environment.
• Experience with the Stucky System or similar collateral monitoring software is a plus.
• Familiarity with commercial loan and deposit systems.
• Understanding of commercial loan documentation.
• Strong customer service skills; ability to deal with internal and external customers.
• Strong interpersonal and written and oral communication skills.
• Good organizational and multi-tasking skills with the ability to work in a past paced environment.
• Proficient in Microsoft Office programs.

Qualifications

• Bachelor’s Degree in Business preferred or equivalent experience of 1-4 years of commercial lending experience, preferably asset based lending, in a bank environment.
• Two years of college plus equivalent experience of 1-4 years of commercial lending experience, preferably asset based lending, in a bank environment.
• Experience with the Stucky System or similar collateral monitoring software.
• Familiarity with commercial loan and deposit systems.
• Understanding of commercial loan documentation.
• Strong customer service skills; ability to deal with internal and external customers.
• Strong interpersonal and written and oral communication skills.
• Good organizational and multi-tasking skills with the ability to work in a past paced environment.
• Proficient in Microsoft Office programs.

Skills

• Initiative, accountability and accuracy in all tasks.
• Utilization and review of a variety of systems and reporting tools.
• Track and review customer prepared reporting; perform required analysis including availability calculation and preparation of advance requests in accordance with ABL policies and controls.
• Prepare timely and accurate accounts receivable and ineligible calculations and comparisons.
• Reconcile Stucky loan, interest and fee calculations to Bank’s systems.
• Prepare and review monthly interest statements; process interest/fee charges for participation loans.
• Absorb and apply knowledge of commercial loan and deposit systems.
• Understand commercial loan documentation.
• Strong customer service skills; ability to deal with internal and external customers.
• Strong interpersonal and written and oral communication skills.
• Good organizational and multi-tasking skills with the ability to work in a past paced environment.
• Proficient in Microsoft Office programs.

Benefits

• Medical, dental, and vision insurance.
• 401K plan.
• Continuing education opportunities.
• Employee assistance program.
• Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

Pay

The salary range for this position is $62,300 - $122,400 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Schedule

This position does not specify a particular schedule.