Covenant Compliance Review Analyst I

Origin Bank•Frisco, TX

6d•Onsite

About The Position

Daily management support of marketable securities monitoring and desk top monitoring of borrowing base certificates as it pertains to asset-based line monitoring; as well as imaging documents received by performing the following duties. Word Duties and Responsibilities include the following: Performs monitoring of pledged marketable securities. Performs and monitors asset-based lines of credit to determine compliance within respective loan agreement funding definitions and ensures proper tracking of documentation. Notifies Relationship Manager of collateral shortfalls to avoid loss to the bank and monitors situation to ensure the shortfall is cured within its prescribed time frame. Notifies Loan Operations to adjust availability of RLOC. Ensures bank-wide proper tracking of documentation of asset-based lines of credit. Assists Manager in identifying potential problem credits for appropriate risk rating. Provides administrative assistance as needed for Covenant Compliance Manager and the Department.

Requirements

Bachelor's degree (B. A.) from four-year college or university in Finance or Accounting preferred.
Working knowledge of federal/state laws related to banking/lending practices.
Basic knowledge of computer applications such as the Internet, Outlook, Microsoft Word, and Excel.
Ability to use bank-specific software such as MPC, IBS, ADP, etc.
Ability to use basic office machines.
Ability and judgment to interact and communicate appropriately with other employees, customers, and supervisor.
Ability to serve customers, both internal and external, (community/public) in a manner that will reflect superior customer relations and enhance the overall marketing effort of Origin Bank.
Regularly required to sit and talk or hear.
Frequently required to walk and use hands to finger, handle, or feel.
Occasionally required to stand; reach with hands and arms and stoop, kneel, crouch, or crawl.
Must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.

Nice To Haves

Promotes the Bank’s culture, including the support of our Brand promise and Core Values.

Responsibilities

Performs monitoring of pledged marketable securities.
Performs and monitors asset-based lines of credit to determine compliance within respective loan agreement funding definitions and ensures proper tracking of documentation.
Notifies Relationship Manager of collateral shortfalls to avoid loss to the bank and monitors situation to ensure the shortfall is cured within its prescribed time frame.
Notifies Loan Operations to adjust availability of RLOC.
Ensures bank-wide proper tracking of documentation of asset-based lines of credit.
Assists Manager in identifying potential problem credits for appropriate risk rating.
Provides administrative assistance as needed for Covenant Compliance Manager and the Department.