Collateral Analyst Trainee: Learn Risk & Credit Ops

Renasant Bank; New Orleans (LA); Hybrid; USD 38,000 - 45,000; Full time

Job summary

Republic Business Credit, a subsidiary of Renasant Bank, is seeking a Collateral Analyst Trainee to learn and support collateral management and account debtors in alignment with Credit Standards.

This entry‑level role focuses on developing foundational risk management and portfolio operations skills, with training across pre-funding and post-funding verification, debtor review, and collections processes within Cadence.

Qualifications

• High school diploma or equivalent required; bachelor’s degree preferred.
• No prior experience required; willingness to learn and grow within the role.
• Ability to build positive internal and external relationships.
• Strong desire to work in a fast-moving team environment.
• Must be organized and eager to learn how to prioritize and manage a high volume of verification and collection tasks.
• High-level verbal and written communication skills.
• Basic interest in or familiarity with business, finance, or accounts receivable is a plus, but not required.
• Ability to work independently while actively collaborating in a team environment.
• Strong attention to detail and ability to follow established processes.
• Ability to handle multiple priorities simultaneously.

Responsibilities

• Learn and assist with reviewing schedules and support documentation in full or on sampling basis for compliance with Credit Standards.
• Ensure supporting documentation (invoices, PODs, POs, shipping information, contract) are in place for the schedule.
• Ensure schedule is appropriately completed and signed by authorized signatory.
• Learn to undertake pre-funding verification of schedule as per Client operating conditions ensuring recorded and detailed in notes in Cadence.
• Timely save recordings on network.
• Learn to undertake post funding verification calls in line with Client operating conditions.
• Ensuring recorded and detailed in notes are maintained in Cadence. Timely save recordings on network.
• Use verification and collection queues in Cadence and learn to adhere to call back dates in Cadence.
• Work under supervision to ensure verification levels within assigned clients meet the client level and portfolio targets.
• Verify and establish relationships with new account debtors in line with Debtor Review process.
• Ensure we have confirmed by third party means contact details.
• Ensure notification letters have been sent and recorded as sent.
• Ensure details including approved debtor limits are included in Cadence system and follow Debtor review process.
• Learn to undertake ongoing contact with the account debtors regarding the payment remittance direction, verification and payment status of client accounts.
• Work closely with the client assigned Account Executive and Portfolio Manager to communicate issues and trends on the client facilities.
• Learn to proactively track collateral and identifying trends that point to a need for attention to verifications and/or collections on accounts within the assigned portfolio.
• Support cash collections allocations as required.
• Assist operations team with record keeping of daily, weekly, monthly and annual reporting.
• Performs other related duties as assigned.

Skills

Relationship building

Verbal & written communication

Organizational skills

Attention to detail

Time management

Independent yet collaborative

Multitasking

Willingness to learn

Education

High School diploma or equivalent

Bachelor’s degree preferred

Job description

Republic Business Credit, a subsidiary of Renasant Bank, is seeking a Collateral Analyst Trainee to learn and support collateral management and account debtors in alignment with Credit Standards.

This entry‑level role focuses on developing foundational risk management and portfolio operations skills, with training across pre-funding and post-funding verification, debtor review, and collections processes within Cadence.