Collateral Analyst

Summary of the Position:

The Collateral Analyst monitors and evaluates fluctuating loan collateral value for Private Bank and Asset Based lines of credit; and provide reporting and related support to the Credit / Portfolio Management team.

Primary Functions of the Position:

• Reviews daily brokerage system feeds to value collateral assets associated with Private Bank lines of credit
• Provides notification to private bankers and loan operations regarding advances or issues
• Reviews and verifies collateral borrowing base reports for asset-based lines of credit
• Prepares and distributes the daily collateral reports
• Verifies ineligible calculations, verifies A/R reconciliation balance, and ensures information is rolled up properly in all final Bank Collateral reports
• Provides notifications of defaults and/or updates regarding borrowing availability
• Evaluates and prepares collateral release requests daily
• Ensures line of credit availability is accurately reflected on commercial loan system
• Reviews legal and ongoing borrower provided documentation for accuracy and completeness

Education and Experience:

• Bachelor’s Degree in related field, or equivalent years of experience
• 3-5 years of banking or securities experience including previous experience in collateral analysis, credit or related function
• Experience with special asset analysis and work out solutions is preferred
• Experience with marketable securities, collateralized or asset-based lending

Essential Skills and Abilities:

• Demonstrated knowledge of accounting principles, collateral evaluation methods and general knowledge of underwriting
• Proficient in MS Office (specifically Excel and Word)
• Organized with strong attention to detail
• Professional interpersonal and communication skills
• Demonstrated ability to assist in the analysis of problem accounts
• Demonstrated strong analytical and project management competencies

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