Collateral Analyst I

Truist Bank•Greensboro, NC

1d•Onsite

About The Position

Responsible for all aspects of operational and collateral compliance for Working Capital Operations such as onboarding of new clients, collateral analysis, and direct client contact. Analysis may include, but is not limited to, analyzing Borrowing Base Certificates (BBC) and supporting documentation, calculation of ineligibles, and analyzing client’s inventory and receivables.

Requirements

Associate’s degree in Business, Accounting or related field or equivalent combination of education and relevant work experience.
Able to work effectively independently as well as in a team environment
Excellent attention to detail
Proficiency with Microsoft Office Suite

Nice To Haves

Preferred 2+ years of experience in asset based lending or related field
Experience with ABLM.NET (Stucky), Asset Reader, Monarch and AFS Vision preferred
Knowledge of asset-based lending, ABL, products

Responsibilities

Responsible for review of client borrowing base collateral and related backup, and identifying customer balancing issues to ensure compliance and conformity within the portfolio. Includes accurately inputting into collateral tracking/management systems with a high degree of accuracy.
Ensure proper and consistent collateral reporting is provided across assigned portfolio. Provide thoughtful analytics that factor in key collateral trends and communicate to the appropriate stakeholders.
Onboards and provides continuous support to clients.
Coordinate/communicate with Structuring, Asset Management and Client Experience Teams to ensure an efficient and smooth closing process for both new loans and existing portfolio accounts.
Collaborate with clients and Account Officers to address collateral related inquiries, provide guidance on reporting procedures, and ensure timely submission of required information.
Serve as a single point of contact for Account Officers and other stakeholders for communication of operations and administrative issues.
Prepare detailed collateral review reports, including trend analysis and insights into the borrower's financial status.
Supports standard borrowing base setups for Working Capital portfolio.