ABL Collateral Analyst

Valley National Bank•Jericho, NY

About The Position

The ABL Collateral Analyst reviews and analyzes loan collateral, processes advance requests, validates borrowing-base availability, and ensures collateral remains compliant with loan conditions and credit agreements. The role reconciles borrower-reported collateral and loan activity, monitors collateral performance and risk indicators, communicates with borrowers and internal stakeholders, and prepares reports and recommendations for senior management. It also supports month-end closing and maintains accurate operational procedures in compliance with credit policies.

Requirements

Bachelor’s degree in Business Administration, Economics, Finance, Accounting, or a related field.
Five years of experience in asset-based lending or a related field.
Proficiency in Microsoft Excel and other Microsoft Office applications.
Ability to analyze, interpret, and apply financial analysis, financial modeling, and statistics.
Strong written and verbal communication skills, including the ability to present findings to senior management.
Ability to work independently and as part of a team and collaborate effectively.
Strong analytical and critical-thinking skills, with experience leading complex evaluations.
Experience with collateral field examinations.
Strong understanding of lending regulations and standards.
Detail-oriented and organized, with the ability to manage multiple tasks and competing deadlines in a fast-paced environment.
Ability to maintain confidentiality and uphold strong ethical standards.

Nice To Haves

Experience using an asset-based lending software system, preferably ABLSoft.
Working knowledge of bank regulations and commercial or consumer lending businesses.

Responsibilities

Lead review and analysis of loan collateral, including borrowing base certificates, accounts receivable aging reports, inventory reports, and appraisals.
Process advance requests, validate sufficient availability, and obtain required approvals.
Review and monitor collateral performance trends and communicate analysis to colleagues and clients.
Evaluate asset values and determine loan eligibility accurately.
Monitor collateral for compliance with loan conditions and proactively identify potential issues.
Verify borrowers’ incoming cash receipts and record information in the loan monitoring system.
Communicate with borrowers and portfolio managers to resolve collateral issues and provide guidance on best practices.
Prepare detailed loan collateral reports and present findings to senior management and stakeholders.
Process and review the month-end closing system.
Complete and review collateral analysis, identify issues, and determine appropriate actions to resolve reconciliation and reporting matters.
Validate and reconcile borrower-reported borrowing-base collateral to ensure availability is accurate and conforms to the credit agreement.
Analyze ineligibles and reserves and recommend changes based on collateral analysis.
Conduct daily reconciliations of loan balances, advances, and cash collections between the bank’s core loan system and ABLSoft.
Review invoices and credit memos and, when applicable, perform account verifications.
Ensure compliance with credit policies and maintain accurate operational procedures.
Develop an understanding of clients to identify early warning signs of increased risk.
Stay current on industry and regulatory developments and trends related to asset-based lending and implement best practices.