Operations Specialist II - Asset Based Finance

Job Responsibilities

• Collateral Monitoring and Data Management: Review, enter, and validate client-submitted collateral reports in the Stucky system, including accounts receivable, inventory, and other secured assets. Investigate anomalies and work with clients and team members to resolve discrepancies.
• Advance Preparation and Loan Processing: Prepare and process daily client advance requests by validating borrowing base data, calculating availability, and presenting recommendations to senior staff for approval. Ensure advances are properly posted and reconciled.
• Client and Stakeholder Communication: Serve as a point of contact for clients on operational matters, including loan inquiries, collateral submissions, and system access. Collaborate with portfolio managers and the Commercial Loan Operations team to ensure seamless client servicing.
• Loan Reconciliation and Calculation: Perform daily and month-end reconciliations between client-reported data, internal systems (Stucky, Commercial Loan System), and general ledger entries. Accurately calculate interest, fees, and other loan-related metrics.
• Operational Support and Risk Mitigation: Assist with reviewing internal control reports and identifying operational issues. Recommend process improvements to enhance accuracy, efficiency, and compliance.
• Performs special projects, and additional duties and responsibilities as required.

Required Qualifications

• Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
• Minimum experience required: 2+ Years of experience in ABL operations, commercial lending, loan servicing, or a financial services environment.