VP, ABL Field Audit & Risk Leader

0200 Ares Operations LLC; New York (NY); Hybrid; USD 140,000 - 200,000; Full time

Benefits offered by this job

Medical benefits

Dental & Vision

401(k) match

FSA/HSA programs

Life Insurance

Disability insurance

Employee assistance program

Commuter benefits

Job summary

Ares is seeking an Internal ABL Field Auditor to conduct on-site and remote collateral examinations for existing and prospective borrowers in the United States. The role supports risk management and credit decisions by evaluating collateral, internal controls, and reporting quality.

The candidate will analyze accounts receivable, inventory, and other collateral pools, prepare formal field exam reports, and collaborate with Credit, Portfolio Management, and senior leadership.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Typically 5+ years of ABL field exam, audit, or related experience.
• Strong understanding of asset-based lending, collateral valuation, and accounting systems.
• Proficiency in analyzing A/R, inventory, and general ledger data.
• Strong communication and report-writing skills.
• Ability to travel for field work.

Responsibilities

• Conduct on-site and remote pre-loan and recurring field exams to assess collateral adequacy.
• Analyze accounts receivable, inventory, and other collateral pools for validity, aging, dilution, eligibility, and liquidation value.
• Perform detailed testing of accounting systems, internal controls, and reporting quality.
• Review general ledger accounts, including reserves, reconciliations, and related financial data.
• Identify operational weaknesses, process gaps, and potential fraud indicators.
• Evaluate borrower internal controls and collateral monitoring capabilities.
• Recommend enhancements to strengthen lender collateral position.
• Escalate issues requiring management attention.
• Prepare comprehensive field exam reports summarizing collateral trends, risks, and credit implications.
• Communicate findings clearly to Credit Officers and Portfolio Managers.
• Support underwriting and portfolio monitoring through timely delivery of exam results.
• Work closely with Credit Quality Assurance, Underwriting, and Portfolio teams.
• Mentor junior employees on the Portfolio and Underwriting teams
• Participate in scoping discussions to determine exam procedures based on borrower complexity.

Skills

ABL field exam

Audit

Asset-based lending

Collateral valuation

Internal controls

Report writing

Travel

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Ares is seeking an Internal ABL Field Auditor to conduct on-site and remote collateral examinations for existing and prospective borrowers in the United States. The role supports risk management and credit decisions by evaluating collateral, internal controls, and reporting quality.

The candidate will analyze accounts receivable, inventory, and other collateral pools, prepare formal field exam reports, and collaborate with Credit, Portfolio Management, and senior leadership.