Asset Based Lending Analyst

Role Overview

• Reviews and analyzes BBC and supporting documentation for accuracy and completeness; updates collateral information on collateral monitoring system and CNB Loan system; reconciles collateral, loan and unapplied cash and excess availability between the collateral monitoring system, CNB Loan system and BBC; independently identifies and resolves outstanding items.
• Monitors daily borrowing availability and processes advance requests of clients, if needed; ensures all appropriate authorizations/approvals are obtained in accordance with policies and controls.
• Analyzes accounts receivable and inventory reports of clients and calculates/verifies ineligible collateral; reviews and incorporates audit findings relevant to the assigned portfolio.
• Independently monitors, analysis and concludes ongoing portfolio risk exposure by identifying in own judgment and escalating suspicious/inconsistent activities, reporting exceptions, material variance, overdraft, over-formula issues and other matters of importance to the Bank.
• Serves as backup for other collateral Analysts; maintains up-to-date and well organized documentation and files.
• Develops and maintains solid working relationship with clients. Portfolio Managers and Relationship Managers and provides exceptional customer service; ensures operational excellence by maintaining accuracy, internal control, compliance, communication and teamwork.
• Keeps knowledge current on operational procedures, systems and controls.
• Complies with all applicable federal and state laws and regulations.

Requirements

• 5-7 years collateral analysis/loan monitoring experience.
• 2-4 years ABL monitoring and/or Mortgage Warehouse monitoring.
• Proficient with a computer and software programs such Microsoft Word and Excel and familiarity with spread programs such as Moody’s.
• Possesses knowledge in key areas of loan operations such as loan processing and loan approval and documentation.
• A high level of proficiency, accuracy and performance in all tasks is required.
• Detail oriented with strong analytical and problem-solving skills.
• Self-Motivated team player with a high level of initiative, accountability and adaptability.
• Ability to exercise prudent judgment to make decisions affecting both clients and the bank.

Benefits

• Health insurance
• 401(k) matching
• Flexible work hours
• Paid time off