ABL Collateral Analyst, Senior (Hybrid)

Synovus•Atlanta, GA

1d•Hybrid

About The Position

Provides monitoring, oversight, and operational support to the Asset Based Lending group related to collateral, credit analysis and documentation. Provides customer service at the highest levels to both internal and external customers, which will include performing research with an emphasis on reconciling account/customer issues and detecting fraud. Ensures all transactions and processes comply with regulatory requirements and the bank's policies and procedures. Serves as a mentor and first-line informational point of contact for junior team members. Acts as a primary interface with portfolio management and business development by gathering and maintaining knowledge of and familiarity with both prospective and existing loans.

Requirements

Bachelor's Degree in Finance, Accounting, or related field, or an equivalent combination of education and experience
5 years job-specific experience.
Extensive knowledge of FIS, ABLSoft and other bank systems
Ability to reconcile loan and deposit accounts
General knowledge of treasury services, merchant services, card services, asset based lending functions, and securities
General knowledge of loan documentation and financial statement requirements for loans
Good analytical skills
Effective written and oral communication skills
Excellent customer service skills
Effective organizational skills
Proficiency using word processing and spreadsheet software programs

Responsibilities

Serves as the first point of contact for issues related to the commercial customer's asset-based line of credit. Works with customers to ensure timely fulfillment of all requirements related to lending relationships. May act as first point of contact for other bank-related services as well, directing clients to the appropriate channels as needed.
Monitors loans by obtaining accounts receivable, accounts payable, and inventory valuations. Uses these reports to reconcile total receivables and total ineligible receivables on at least a monthly basis. May perform month-over-month analysis for the purpose of determining if receivables have been fraudulently inflated.
Reconciles loan and deposit accounts frequently and accurately. Collects and applies various fees on a regular basis. Acts as a resource for other team members by providing support for the use of the FIS, ABLSoft and other bank systems.
Responsible for monitoring various reports for multiple customers including, but not limited to, borrowing base certificates, month-end recapitulations and dilution activity.
Promptly and accurately processes advances requests and payments on large commercial lines of credit.
Analyze sales, credit memos, and collection activity for unusual transactions or behavior. Provides timely notification to Operations manager and/or Portfolio Managers of any notable changes or trends.
May be responsible for the verification process which includes preparing audit letters and/or conducting invoice tests in an effort to detect and prevent fraud.
Handles the most complex/sensitive accounts providing proactive, high-touch customer support and assisting other team members as necessary in maintaining account relationships.
May participate in or coordinate projects and assist in the resolution of more complex and time sensitive activities.
Provides proactive monitoring of assigned Asset Based Lending (ABL) portfolio to ensure available collateral supports risk and loan outstandings. Keeps portfolio managers apprised of any material changes in trends or current borrower financial conditions that may constitute increased risk within the portfolio.
Routinely meets with portfolio managers to discuss loans within their purview. May be asked to maintain general awareness of the entire ABL loan portfolio in order to provide board operational support as necessary.
May coordinate the preparation of loan documentation via setup worksheets; reviews loan documentation to make sure it agrees with setup worksheets and then submits forms for uploading for new and renewing loans.
Actively participates in the onboarding of new customers. May be required to attend prospecting calls, gather information pertinent to new loan closings, gain understanding of potentially higher complexity levels and be prepared to educate other ABL collateral analysts on the specifics of deals.
Provides orientation and services as a first point of contact for less experienced collateral analyst team members. Assigns duties, reviews and provides temporary oversight for day-to-day duties of junior team members in the even that the Operations Manager is unavailable.
Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
Performs other related duties as required.