Capital One
Collateral Analyst I - Asset Based Lending
Capital One, Charlotte, North Carolina, United States, 28245
Collateral Analyst I – Asset Based Lending
Are you looking for a challenging role that includes the convenience of working virtually at home? Then a Capital One Commercial Ops role may be the role for you! You must be within 50 miles driving distance from our Capital One hub location in Plano, TX or Charlotte, NC. Capital One Commercial Core Operations (CCO) is looking for an experienced candidate to support the growing Commercial Lending Operations Shared Services Team. This position supports agent syndicated and bilateral loans within Corporate Banking, so solid product knowledge is a must. The role includes analytical components related to various loan accruals, manual calculations with ongoing reconciliation and remediation. Strong communication skills and product knowledge are critical to success, as well as working collaboratively with stakeholders to help facilitate ongoing change management. We are looking for an Asset Based Lending Operations professional to join a team of collateral analysts supporting the day‑to‑day operations of a diverse mix of commercial lending customers and loan types. The team’s core responsibility is centered around analyzing and monitoring client’s collateral to ensure the validity of assigned collateral in accordance with their loan agreement. The team provides support throughout the life cycle of ABL lending, including providing feedback to support credit agreement negotiations, day‑to‑day collateral monitoring and ineligible calculations, through to payoff validations. Responsibilities
Analyze and monitor client’s collateral to ensure compliance with loan agreements and accurate ineligible calculations. Prepare collateral reconciliation and balance deposit accounts on a daily basis; work with clients and underwriters to resolve discrepancies. Review and analyze client accounts receivable performance, identify ineligible collateral. Prepare summaries of client’s accounts receivable. Review and analyze client inventory consignments and prepare reports on client inventory activity. Review reports and documentation submitted by clients on a daily basis. Prepare necessary documentation to process client’s daily payment and advance requests. Input data on client accounts into the bank’s loan accounting Advanced Commercial Banking System (ACBS) via ECC Schedule module for tracking and trending purposes. Leverage accounting systems to reconcile loan balances to the collateral monitoring database and process transactions to manage dominion accounts. Conduct ongoing process and control review for effectiveness, gaps, and ongoing enhancements and updates based on evolving business needs, product offerings, and industry trends. Prepare monthly/quarterly verification letters and perform regular follow‑up on any exceptions or non‑responses. Collaborate with underwriters to deliver specialized support for products, specifically handling tasks such as lender finance requirements and field examinations. Work directly with customers to discuss and resolve any discrepancies in their collateral reporting. Ensure collateral reporting and documentation is properly stored and maintained in alignment with document retention policies and procedures. Other typical duties as assigned and associated with ongoing improvement and strategic goals and initiatives. Ability to work effectively in a work‑from‑home environment. Proactive and self‑motivated approach to work, willingness to take ownership of tasks. Assist in training incoming ABS Collateral Analyst team members. Excel expertise: demonstrate proficiency in Microsoft Excel, including the use of advanced functions (e.g., XLOOKUP, INDEX / MATCH), pivot tables, and macros to analyze large datasets and create sophisticated reports. Experience in financial services (Field Examiner, ABL Servicing, Collateral Analyst, etc.). Strong analytical and problem‑solving skills. Excellent written and verbal communication skills. Other duties as assigned. Work from Home Technology Requirements
A secure home office environment that is free from background noise and distractions. A reliable private internet connection that is not supplied via cellular data or hotspot. A private network that is password protected and where you have ownership or line of sight to every device on the network. Internet service must be provided by cable or fiber Internet Service Providers (ISP). Hotspots and satellite services are prohibited and do not meet performance criteria required for optimal agent / customer interactions. ISP download speeds on VPN must be at least 5 Mbps, with 10 + Mbps preferred. To validate ISP speeds from a Chrome browser, go to www.google.com, type Speed Test and run from the Google landing page. Both hardwire and WiFi internet connections are acceptable as long as speed and security requirements are met. Capital One reserves the right to request proof of internet provider, speed and service package from the associate. Requirements are subject to change as new systems and technology are delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice. Work from Home Living Requirements
Candidates must live within approximately 50 miles of one of the hub locations based in 75024 or 28203 and be comfortable coming in person whenever required with no less than 24 hours notice. Basic Qualifications
High School Diploma, GED or equivalent certification. At least 1 year of experience in financial services or asset based lending. At least 1 year of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs). Preferred Qualifications
Bachelor’s Degree or military experience. 2+ years of experience in financial services or asset based lending. 2+ years of experience with collateral monitoring software (ACBS, Solifi, ABLSoft). 2+ years of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs). At this time, Capital One will not sponsor a new applicant for employment authorization for this position. Salary
Charlotte, NC: $64,700 – $73,900 for ABS Collateral Analyst I Plano, TX: $64,700 – $73,900 for ABS Collateral Analyst I Additional compensation may include performance‑based incentive compensation, including cash bonus(es) and/or long‑term incentives (LTI). Incentives could be discretionary or non‑discretionary depending on the plan. Benefits
Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support your total well‑being. Learn more at the Capital One Careers website. Eligibility varies based on full‑time or part‑time status, exempt or non‑exempt status, and management level. Equal Employment Opportunity
Capital One is an equal opportunity employer (EOE, including disability / veteran) committed to non‑discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug‑free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, New York laws, San Francisco laws, and other relevant statutes. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1‑800‑304‑9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and used only to the extent required to provide needed reasonable accommodations. For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com. Capital One does not provide, endorse nor guarantee and is not liable for third‑party products, services, educational tools, or other information available through this site. Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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Are you looking for a challenging role that includes the convenience of working virtually at home? Then a Capital One Commercial Ops role may be the role for you! You must be within 50 miles driving distance from our Capital One hub location in Plano, TX or Charlotte, NC. Capital One Commercial Core Operations (CCO) is looking for an experienced candidate to support the growing Commercial Lending Operations Shared Services Team. This position supports agent syndicated and bilateral loans within Corporate Banking, so solid product knowledge is a must. The role includes analytical components related to various loan accruals, manual calculations with ongoing reconciliation and remediation. Strong communication skills and product knowledge are critical to success, as well as working collaboratively with stakeholders to help facilitate ongoing change management. We are looking for an Asset Based Lending Operations professional to join a team of collateral analysts supporting the day‑to‑day operations of a diverse mix of commercial lending customers and loan types. The team’s core responsibility is centered around analyzing and monitoring client’s collateral to ensure the validity of assigned collateral in accordance with their loan agreement. The team provides support throughout the life cycle of ABL lending, including providing feedback to support credit agreement negotiations, day‑to‑day collateral monitoring and ineligible calculations, through to payoff validations. Responsibilities
Analyze and monitor client’s collateral to ensure compliance with loan agreements and accurate ineligible calculations. Prepare collateral reconciliation and balance deposit accounts on a daily basis; work with clients and underwriters to resolve discrepancies. Review and analyze client accounts receivable performance, identify ineligible collateral. Prepare summaries of client’s accounts receivable. Review and analyze client inventory consignments and prepare reports on client inventory activity. Review reports and documentation submitted by clients on a daily basis. Prepare necessary documentation to process client’s daily payment and advance requests. Input data on client accounts into the bank’s loan accounting Advanced Commercial Banking System (ACBS) via ECC Schedule module for tracking and trending purposes. Leverage accounting systems to reconcile loan balances to the collateral monitoring database and process transactions to manage dominion accounts. Conduct ongoing process and control review for effectiveness, gaps, and ongoing enhancements and updates based on evolving business needs, product offerings, and industry trends. Prepare monthly/quarterly verification letters and perform regular follow‑up on any exceptions or non‑responses. Collaborate with underwriters to deliver specialized support for products, specifically handling tasks such as lender finance requirements and field examinations. Work directly with customers to discuss and resolve any discrepancies in their collateral reporting. Ensure collateral reporting and documentation is properly stored and maintained in alignment with document retention policies and procedures. Other typical duties as assigned and associated with ongoing improvement and strategic goals and initiatives. Ability to work effectively in a work‑from‑home environment. Proactive and self‑motivated approach to work, willingness to take ownership of tasks. Assist in training incoming ABS Collateral Analyst team members. Excel expertise: demonstrate proficiency in Microsoft Excel, including the use of advanced functions (e.g., XLOOKUP, INDEX / MATCH), pivot tables, and macros to analyze large datasets and create sophisticated reports. Experience in financial services (Field Examiner, ABL Servicing, Collateral Analyst, etc.). Strong analytical and problem‑solving skills. Excellent written and verbal communication skills. Other duties as assigned. Work from Home Technology Requirements
A secure home office environment that is free from background noise and distractions. A reliable private internet connection that is not supplied via cellular data or hotspot. A private network that is password protected and where you have ownership or line of sight to every device on the network. Internet service must be provided by cable or fiber Internet Service Providers (ISP). Hotspots and satellite services are prohibited and do not meet performance criteria required for optimal agent / customer interactions. ISP download speeds on VPN must be at least 5 Mbps, with 10 + Mbps preferred. To validate ISP speeds from a Chrome browser, go to www.google.com, type Speed Test and run from the Google landing page. Both hardwire and WiFi internet connections are acceptable as long as speed and security requirements are met. Capital One reserves the right to request proof of internet provider, speed and service package from the associate. Requirements are subject to change as new systems and technology are delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice. Work from Home Living Requirements
Candidates must live within approximately 50 miles of one of the hub locations based in 75024 or 28203 and be comfortable coming in person whenever required with no less than 24 hours notice. Basic Qualifications
High School Diploma, GED or equivalent certification. At least 1 year of experience in financial services or asset based lending. At least 1 year of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs). Preferred Qualifications
Bachelor’s Degree or military experience. 2+ years of experience in financial services or asset based lending. 2+ years of experience with collateral monitoring software (ACBS, Solifi, ABLSoft). 2+ years of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs). At this time, Capital One will not sponsor a new applicant for employment authorization for this position. Salary
Charlotte, NC: $64,700 – $73,900 for ABS Collateral Analyst I Plano, TX: $64,700 – $73,900 for ABS Collateral Analyst I Additional compensation may include performance‑based incentive compensation, including cash bonus(es) and/or long‑term incentives (LTI). Incentives could be discretionary or non‑discretionary depending on the plan. Benefits
Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support your total well‑being. Learn more at the Capital One Careers website. Eligibility varies based on full‑time or part‑time status, exempt or non‑exempt status, and management level. Equal Employment Opportunity
Capital One is an equal opportunity employer (EOE, including disability / veteran) committed to non‑discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug‑free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, New York laws, San Francisco laws, and other relevant statutes. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1‑800‑304‑9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and used only to the extent required to provide needed reasonable accommodations. For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com. Capital One does not provide, endorse nor guarantee and is not liable for third‑party products, services, educational tools, or other information available through this site. Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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