ABL Monitoring Specialist

Banesco USA • Miami, FL, US, FL

1d

About The Position

The Senior ABL Monitoring Specialist reports to the VP, ABL Monitoring Manager and serves as an experienced technical resource within the Asset-Based Lending team. The role is responsible for collateral monitoring, analysis, and risk administration for an assigned portfolio of commercial relationships. Working collaboratively with the ABL team, the specialist independently conducts borrowing-base analyses, collateral reconciliations, end-of-month reporting, and advance processing within approved parameters. The specialist also assists with third-party field-examination coordination and reviews of new credit transactions, renewals, and modifications, while ensuring adherence to loan agreements, regulatory standards, and bank risk policies.

The role includes managing collateral monitoring for assigned ABL relationships; reviewing Borrowing Base Certificates, receivables and payables aging reports, inventory reports, and supporting schedules; calculating collateral eligibility, advance rates, reserves, cross-aging, concentration limits, availability, and excess availability; and completing monthly analyses and advance or paydown requests. It also covers monitoring specialized credit structures and insurance requirements, assisting with field examinations and resolution of findings, escalating material collateral and reporting risks, contributing to portfolio and KPI reporting, collaborating with internal teams and borrowers, and meeting compliance and regulatory obligations.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field, or equivalent practical experience.
• At least five years of direct Asset-Based Lending collateral monitoring, credit analysis, audit, or loan administration experience within a financial institution.
• Strong working knowledge of borrowing-base mechanics, collateral formulas, ineligibles, reserves, cross-aging, concentration limits, dilution, and commercial loan documentation.
• Advanced proficiency in Microsoft Office (Word, Excel, and PowerPoint) and G Suite.
• Bilingual proficiency in English and Spanish.
• Strong written and verbal communication skills, including the ability to interact effectively with borrowers, third-party auditors, and internal management.
• Strong analytical capabilities, attention to detail, time management, organizational skills, and a collaborative team approach.

Nice To Haves

• Experience with specialized ABL platforms such as Cync-ABL or ABLSoft.

Responsibilities

• Independently manage collateral monitoring and administration for an assigned portfolio of ABL relationships.
• Review and analyze Borrowing Base Certificates, accounts receivable and payable aging reports, inventory reports, and supporting schedules for accuracy, variances, and ineligible collateral.
• Calculate collateral eligibility, advance rates, reserves, cross-aging, concentration limits, availability, and excess availability in accordance with executed loan agreements and credit approvals.
• Complete monthly collateral analyses and process advance and paydown requests within established delegation of authority and operational deadlines.
• Monitor specialized and complex credit structures, including participations, syndicated facilities, purchase order financing, full-documentation accounts receivable financing, SBA-guaranteed facilities, credit-insured accounts, tax-certificate or deed financing, and other specialized or nontraditional collateral arrangements.
• Verify and track compliance for private credit insurance policies and Ex-Im Bank insurance requirements.
• Assist with third-party field examination engagements and coordinate information requests through completion.
• Assist in reviewing field examination reports against credit agreements and borrowing-base calculations to help identify collateral trends.
• Track field examination findings, recommended reserve or eligibility changes, and outstanding exceptions through resolution.
• Identify, quantify, and escalate material collateral deterioration, reporting deficiencies, unauthorized over-advances, and loan covenant breaches to Relationship Managers, Portfolio Managers, and Credit Management.
• Maintain and contribute to ABL monitoring and KPI reports reflecting borrowing-base availability, collateral trends, and risk indicators.
• Provide commentary on emerging risks, past-due reporting, and collateral changes affecting credit quality.
• Collaborate with the ABL team to maintain operational continuity, mutual cross-coverage, and balanced workload management.
• Assist with reviews of new credit transactions, renewals, and modifications by evaluating proposed borrowing-base formats, ineligible criteria, and collateral monitoring covenants.
• Communicate professionally with borrowers regarding reporting submissions, missing data, and documentation questions.
• Coordinate with Relationship Managers, Credit Officers, Underwriters, and Loan Operations to align funding, documentation, and reporting requirements.
• Comply with Bank Secrecy Act and Anti-Money Laundering policies, identifying and reporting unusual or suspicious account or collateral activities.
• Abide by the bank’s Enterprise Risk Management policies and credit operational guidelines.
• Complete assigned annual compliance and regulatory training programs on schedule.
• Perform other related credit and collateral functions as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior