City National Bank
COLLATERAL ANALYST SENIOR
This colleague is responsible for a designated group of Asset Based Lending (ABL) client portfolio, performing quantitative and qualitative analyses of accounts receivable, inventory and payables. Based on analytical data, the colleague is responsible for identifying and addressing any areas of concerns that can impair the integrity of Bank's collateral position as well as any collateral default and reporting requirement, either through written or verbal communication. The colleague must have the ability to provide excellent customer service to external and internal clients. The colleague is responsible for understanding and maintaining the loan documents and records related to his/her designated portfolio, both in electronic and hard copies. Responsibilities
Identify and monitor potential risks and exposures related to the Bank’s collateral, financial impact to Borrower and loan covenants. Comprehensive understanding and knowledge of the legal terms, conditions and requirements pursuant to the loan agreement, credit approval and bank credit policy. Prepare the Collateral Instruction Sheet and Client filing system for new and existing clients. Manage the record keeping of legal documentations and various reports. Ensure the client compliance with collateral reporting requirements and continually monitor quality and timeliness of reports. Perform analyses of various client reports and compute the borrowing base pursuant to the Loan Agreement. Prepare the collateral review reports, narrative analyses and various worksheets/spreadsheets. Data posting entry of collateral information to NTABL. Review month end reconciliation between the client aging and inventory reports and NTABL information. Manage the submission of collateral reports and borrowing base certificate through the Stucky-Net Link and corresponding data posting. Conduct accounts receivable verification and follow-ups. Maintain excellent internal and external customer relations and services relating to collateral monitoring, issues, problems, system and other related functionality. Instruct and assist new ABL borrowers with ABL reporting procedures and requirements. Perform other duties as requested. Requirements
Bachelor's Degree or equivalent. Minimum of 3 years of experience with Microsoft Office, specifically Excel, Word, Asset Reader, Monarch, Stucky and AFS Software systems. Minimum of 5 years of experience with accounts receivable financing, accounting or internal auditing. What's in it for you
Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career Development through Tuition Reimbursement and other internal upskilling and training resources. Valued Time Away benefits including vacation, sick and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career Mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement. Inclusion and Equal Opportunity Employment
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
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This colleague is responsible for a designated group of Asset Based Lending (ABL) client portfolio, performing quantitative and qualitative analyses of accounts receivable, inventory and payables. Based on analytical data, the colleague is responsible for identifying and addressing any areas of concerns that can impair the integrity of Bank's collateral position as well as any collateral default and reporting requirement, either through written or verbal communication. The colleague must have the ability to provide excellent customer service to external and internal clients. The colleague is responsible for understanding and maintaining the loan documents and records related to his/her designated portfolio, both in electronic and hard copies. Responsibilities
Identify and monitor potential risks and exposures related to the Bank’s collateral, financial impact to Borrower and loan covenants. Comprehensive understanding and knowledge of the legal terms, conditions and requirements pursuant to the loan agreement, credit approval and bank credit policy. Prepare the Collateral Instruction Sheet and Client filing system for new and existing clients. Manage the record keeping of legal documentations and various reports. Ensure the client compliance with collateral reporting requirements and continually monitor quality and timeliness of reports. Perform analyses of various client reports and compute the borrowing base pursuant to the Loan Agreement. Prepare the collateral review reports, narrative analyses and various worksheets/spreadsheets. Data posting entry of collateral information to NTABL. Review month end reconciliation between the client aging and inventory reports and NTABL information. Manage the submission of collateral reports and borrowing base certificate through the Stucky-Net Link and corresponding data posting. Conduct accounts receivable verification and follow-ups. Maintain excellent internal and external customer relations and services relating to collateral monitoring, issues, problems, system and other related functionality. Instruct and assist new ABL borrowers with ABL reporting procedures and requirements. Perform other duties as requested. Requirements
Bachelor's Degree or equivalent. Minimum of 3 years of experience with Microsoft Office, specifically Excel, Word, Asset Reader, Monarch, Stucky and AFS Software systems. Minimum of 5 years of experience with accounts receivable financing, accounting or internal auditing. What's in it for you
Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career Development through Tuition Reimbursement and other internal upskilling and training resources. Valued Time Away benefits including vacation, sick and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career Mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement. Inclusion and Equal Opportunity Employment
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
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