Analyze collateral information (submitted by bank clients) to determine the eligibility and integrity of collateral values as they are used in the calculation of collateral/loan availability.
Advance funds against pre-approved lines of credit based upon the timely and accurate analysis and updating of results from the analysts independent review and analysis of collateral information/values.
Provide highly specialized collateral analysis and monitoring support to the Commercial Bank and ABL credit teams, and to bank clients, for senior secured credit facilities.
Serve as a subject matter expert, on current asset collateral, providing regular and ongoing collateral/availability trend analysis, root cause analysis/due diligence, and exception analysis.
Track and gather required collateral information.
Track and analyze collateral availability and Customer trends and prepare management reports according to established department policies and procedures and legal/regulatory guidelines.
Recommend and implement the appropriate strategy to address collateral issues;.
Communicate key results and highlights of the analyses, and important status relating to collateral exceptions, BBC discrepancies, and over-advance status to credit team members and Operations management.

Bachelors degree with area of focus in Business, Accounting or Finance preferred
2+ Years of related experience involving knowledge and practical experience with accounting/financial entry practices and procedures
Possesses and demonstrates near expert knowledge of department processes, collateral analysis, internal support and transaction support functions
Proven proficiency in Reconcilement/ Analysis-related job functions
Knowledge of Asset Based Lending products/services and offerings
Experience with Asset Based Lending software including Stucky or related software
Knowledge with bank systems, including, but not limited to Loan, DDA, LC, Treasury Management and File Management
Proven proficiency in basic Microsoft Excel and Word use. Basic Excel, with some experience with macros/formulas is preferred
General knowledge of credit & collateral analysis techniques
Very strong communication skills, both verbal and written. Ability to present a concise synopsis of a situation and recommended outcome/action/esolution
Proven ability to engage in deeper analytical thinking and utilization of problem solving skills
Self-directed toward meeting deadlines
Ability to maintain the confidentiality of credit and Customer information
Very strong and positive interpersonal skills and team orientation
Leadership qualities exhibited

Collateral Analyst II

Key skills