Collateral Analyst I

Truist; Greensboro (NC); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D

401k plan

Vacation days (≥10)

Job summary

Truist in Greensboro, NC, is seeking a detail-oriented collateral operations professional to manage onboarding, collateral analysis, and client contact for Working Capital.

You will review borrowing base collateral, generate reports with trend insights, and coordinate with Structuring, Asset Management and Client Experience teams to ensure smooth closings.

Qualifications include an associate degree and strong Excel skills; 2+ years in asset-based lending preferred.

Qualifications

• Associate's degree in Business, Accounting or related field or equivalent combination of education and relevant work experience.
• Able to work effectively independently as well as in a team environment
• Excellent attention to detail
• Proficiency with Microsoft Office Suite

Responsibilities

• Review client borrowing base collateral and related backup, ensuring compliance and accuracy in collateral tracking systems.
• Provide consistent collateral reporting across the portfolio with trend analytics for stakeholders.
• Onboard and provide continuous support to clients.
• Coordinate with Structuring, Asset Management and Client Experience teams for smooth loan closings.
• Address collateral inquiries with clients and Account Officers and ensure timely submission of information.
• Serve as a single point of contact for operations communication with Account Officers and stakeholders.
• Prepare detailed collateral review reports with insights into the borrower's financial status.
• Support standard borrowing base setups for Working Capital portfolio.

Skills

English fluency

Education

Associate's degree in Business/Accounting

Tools

Microsoft Office Suite

Job description

Regular or Temporary:

Regular

Language Fluency:

English (Required)

Work Shift:

1st shift (United States of America)

Job Description

Responsible for all aspects of operational and collateral compliance for Working Capital Operations such as onboarding of new clients, collateral analysis, and direct client contact. Analysis may include, but is not limited to, analyzing Borrowing Base Certificates (BBC) and supporting documentation, calculation of ineligibles, and analyzing client's inventory and receivables.

Essential Duties And Responsibilities

• Responsible for review of client borrowing base collateral and related backup, and identifying customer balancing issues to ensure compliance and conformity within the portfolio. Includes accurately inputting into collateral tracking/management systems with a high degree of accuracy.


• Ensure proper and consistent collateral reporting is provided across assigned portfolio. Provide thoughtful analytics that factor in key collateral trends and communicate to the appropriate stakeholders.


• Onboards and provides continuous support to clients.


• Coordinate/communicate with Structuring, Asset Management and Client Experience Teams to ensure an efficient and smooth closing process for both new loans and existing portfolio accounts.


• Collaborate with clients and Account Officers to address collateral related inquiries, provide guidance on reporting procedures, and ensure timely submission of required information.


• Serve as a single point of contact for Account Officers and other stakeholders for communication of operations and administrative issues.


• Prepare detailed collateral review reports, including trend analysis and insights into the borrower's financial status.


• Supports standard borrowing base setups for Working Capital portfolio.

Qualifications

Required Qualifications

• Associate's degree in Business, Accounting or related field or equivalent combination of education and relevant work experience.


• Able to work effectively independently as well as in a team environment


• Excellent attention to detail


• Proficiency with Microsoft Office Suite

Preferred Qualifications

• Preferred 2+ years of experience in asset based lending or related field


• Experience with ABLM.NET (Stucky), Asset Reader, Monarch and AFS Vision preferred


• Knowledge of asset-based lending, ABL, products

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.

• medical


• dental


• vision


• life insurance


• disability


• accidental death and dismemberment


• tax-preferred savings accounts


• 401k plan


• no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment


• 10 sick days (also prorated)


• paid holidays


• defined benefit pension plan


• restricted stock units


• deferred compensation plan

For more details on Truist's generous benefit plans, please visit our Benefits site.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work