Quick Summary
Key Responsibilities
Lead the review and analysis of loan collateral, including borrowing base certificates, A/R aging's, inventory reports, and appraisals. Processes advance requests,
Technical Tools
Other
Responsibilities include but not limited to:
- Lead the review and analysis of loan collateral, including borrowing base certificates, A/R aging's, inventory reports, and appraisals.
- Processes advance requests, validates there is sufficient availability, and obtains all required advance approvals.
- Reviews and monitors collateral performance trends and effectively communicates analysis to colleagues and clients.
- Evaluate the value of assets and determine their loan eligibility with a high degree of accuracy.
- Monitor collateral to ensure that it remains in compliance with loan conditions and proactively identify potential issues.
- Verifies borrowers' incoming cash receipts and records information into loan monitoring system.
- Communicate with borrowers and portfolio managers to resolve any collateral issues and provide guidance on best practices.
- Prepare detailed reports on loan collateral and present findings to senior management and stakeholders and processes and reviews month-end closing system.
- Completes and reviews collateral analysis, identifies all issues and determines appropriate course of action to address and resolve reconciliation matters and other reporting issues.
- Performs full validation and reconciliation of borrower-reported borrowing base collateral to ensure that the borrowing base availability is accurate and in conformance with the credit agreement.
- Analyzes ineligibles and reserves as well as makes recommendations for changes based on thorough collateral analysis.
- Conducts daily reconciliations of loan balances, advances, and cash collections between the bank's core loan system and ABLSoft.
- Review invoices and credit memos and may perform verifications on those accounts.
- Ensures compliance with all credit policies and maintains accuracy in operational procedures.
- Seeks to proactively understand the client to spot early warning signs of increased risk.
- Stay up to date on industry and regulatory developments and trends related to asset-based lending and implement best practices within the organization.
Required Skills:
- Proficient in MS Excel and other Microsoft Office applications.
- Analyze, interpret, and apply financial analysis, financial modeling, and statistics.
- Strong written and verbal communication skills with the ability to present findings to senior management.
- Ability to work independently and in a team environment and collaborate effectively.
- Strong analytical and critical thinking skills with experience leading complex evaluations.
- Experience with collateral field examinations.
- Experience using an ABL software system, preferable ABLSoft. Strong understanding of lending regulations and standards.
- Working knowledge of bank regulations and commercial or consumer lending businesses (preferred). Detail oriented and organized.
- Ability to manage multiple tasks with competing deadlines in a fast-paced environment.
- Must be able to maintain a high level of confidentiality and uphold strong ethical standards.
Required Experience:
- Bachelor's Degree in Business Administration, Economics, Finance, Accounting, or a related field.
- Five years of experience in Asset Based Lending or related field.
Location & Eligibility
Where is the job
United States
On-site within the country
Who can apply
US
About this job
- Who can apply
- United States
- Posted
- Today
Listing Details
- First seen
- October 29, 2026
- Last seen
- October 29, 2026
Posting Health
- Days active
- 0
- Repost count
- 0
- Trust Level
- 57%
- Scored at
- October 29, 2026
Signal breakdown
freshnesssource trustcontent trustemployer trust
External application
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