ABL Operations Specialist
$59,000–$77,000 year
On-siteChicago, Illinois, United States
Job Summary
Review, analyze, and reconcile borrowing base certificates and supporting documentation to confirm collateral value, while calculating ineligibles and comparing them to client calculations. Post borrower reports to the loan system and monitor ticklers to ensure compliance with collateral reporting requirements. Serve as the primary borrower contact for collateral operations, advising the Underwriting/Portfolio Manager on reporting inadequacies and working with borrowers to resolve problems. Maintain effective communication with senior management, clients, and attorneys while ensuring all client information is properly saved on the server. Adhere to Bank Compliance policies and procedures throughout daily duties.
Required Qualifications
- Associate or Bachelor's degree in accounting or related field
- 3+ years' banking or asset-based lending operations experience
- Must be detail focused and well organized with the ability to multitask
- Basic understanding of loan documentation
- Good interpersonal and customer relations skills
- Proactive and confident communication skills (both verbal and written)
- Ability to work independently and use independent judgment with minimal supervision
- Strong knowledge of Microsoft Office applications (specifically MS Excel)
- ability to pick up on new systems quickly
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