Covenant Compliance Review Analyst II

Origin Bank•Monroe, LA

About The Position

Your Career. Your Story. Let's Write the Next Chapter Together. At Origin Bank, a job isn't just a paycheck - it's a meaningful journey. We're committed to helping you grow both professionally and personally in an environment where people come first. We offer a competitive total rewards package, including generous benefits and compensation tailored to your skills, experience, and education. What truly sets us apart is our people-first culture. Here, you'll be supported by unique initiatives like our Dream Manager program, one-on-one guidance from a nationally certified health and wellness coach, and free access to certified financial professionals who are here to help you plan for your future. If you're looking for a career that empowers you to make meaningful connections, positively impact others, and pursue your personal and professional dreams-we'd love to meet you. Apply today and start the most rewarding chapter of your career with us. Job Description Daily management support of assigned covenant compliance tests for commercial clients and desk top monitoring of borrowing base certificates as it pertains to asset-based line monitoring; as well as imaging documents received for asset based monitoring. Word Duties and Responsibilities include the following:

Requirements

Bachelor's degree (B. A.) from four-year college or university in Finance or Accounting preferred; two to three years related experience preferred.
Working knowledge of federal/state laws related to banking/lending practices.
To perform this job successfully, an individual should have 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.
Promotes the Bank’s culture, including the support of our Brand promise and Core Values.
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.

Responsibilities

Performs and administers the loan agreement covenant compliance monitoring system by reviewing and interpreting confidential financial statements, tax returns and supporting schedules to be used for covenant tests for borrowers and/or guarantors bank-wide based on their existing business loan agreements.
Responsible for monitoring loan agreements for accuracy and deviations with regards to the approved CAS/ACAS and ensures that any deviations are properly approved / amended / modified.
Responsible for determining if covenant violations exist, and if so, immediately advises and works with the Relationship Manager to resolve the violations and to ensure credit is properly risk-rated.
Performs and monitors asset-based lines of credit to determine compliance within respective loan agreement funding definitions and ensures proper tracking of documentation.
Communicates with the Relationship Manager and borrower’s bookkeeper, CPA or outside CPA when errors are noted on the Borrowing Base Certificate and need resolution and correction.
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.
Maintains borrowing base report for exceptions meetings and adjust availability of RLOC.
Ensures bank-wide proper tracking of documentation in regard to asset-based lines of credit.
Assists Manager, as needed, with special tasks or projects such as engaging an Approved Asset-Based field auditor to perform a field audit on a pre-funding basis or a predetermined time schedule.
Recommends changes and new procedures to improve efficiency in existing processes and procedures.
Performs the tracking of policy exceptions in IBS that are identified on the approved CAS.
Assists in training and development of new relationship managers and credit analysis team members on the credit review, field audit, covenant, exception process.
Assists Covenant Compliance Department as needed to carry out objectives.