Collateral Analyst II or I

Truist • Greensboro, NC

2d • Onsite

About The Position

If located in a Truist hub city location, the work style will be: In Office (5 days/week). 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

• Bachelor’s degree in Business, Accounting or related field or equivalent combination of education and relevant work experience.
• Preferred 4+ years of experience in asset based lending or related field
• Able to work effectively independently as well as in a team environment
• Excellent attention to detail with a proven track record of accuracy
• Strong organizational skills with ability to multitask and prioritize deadlines
• Strong Proficiency with Microsoft Office Suite

Nice To Haves

• 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 moderate complexity borrowing base setups across the Working Capital portfolio.
• Review loan documentation and perform audit after loan closing.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

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