Collateral Analyst- Asset Based Lending

Overview

Opportunity to work for the industry leading customer credit department for a top 20 Bank, with advancement opportunities both in the department and other functional areas of Commercial Services, CIT, and First Citizens Bank.

Responsibilities

Job Responsibilities:

  • Accurately and timely process Clients Borrowing Base Certificates (BBC’s)
  • Process advances timely on a daily basis
  • Assist Middle Office with KYC inquiries
  • Set up and track Ticker’s on new and existing clients in the Exception and Tracking System
  • Perform month end collateral reconciliation package. Reconcile Health Care accounts
  • Understand and manage accounts consistent wit the Loan& Security Agreement
  • Analyze/Identify and alert AE & CM of fraudulent activities, problems and any other errors that may overstate availability
  • Collateral Tracking/Update Analyze month end package for reasonableness and identify issues, financial problems and deterioration o the collateral value

The base pay for this position is relative to your experience but the range is $31.25 – $36.06. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.

Qualifications

Basic Qualifications:

  • Bachelor’s in Finance, Business, or Accounting
  • Intermediate Excel skills

Other Qualifications:

  • Banking and Finance experience
  • Microsoft Office Applications
  • Good Communication Skills
  • Good Time Management Skills
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