Commercial Banking
Asset Based Lending / Commercial Lending
As an asset based lending specialist or collateral analyst, I served as an internal assessor, monitored and was in control of commercial business collateral and loan activity for the portfolio of accounts I managed.
Served as the primary borrower contact for all matters relating to loan operations in conjunction with the Loan officer, who had the overall responsibility for the account relationship.
Reviewed, analyzed and reconciled the borrowing base certificate and/ or sales and collection reports and supporting documentation to confirm the value of the borrower's collateral as well as the availability and the loan system.
Reviewed compliance on all assigned accounts to verify that borrower's reporting was in accordance with approval policies.
Posted activity affecting the borrower's loan to the loan system, including advances, deposits and transfers.
Prepared monthly reconciliation of accounts receivable ageing reports and final borrowing base certificate for the month.
Maintained a professional and courteous manner with all borrowers, including assisting borrowers by answering questions and resolving problems promptly.
Maintained an effective line of communication with the Loan Officer on assigned accounts, and alerting them to any unusual trends observed in performing routine job duties.
Decision making responsibilities. Determined compliance of submitted invoices and inventory borrowing bases for conformance with internal guidelines and acknowledge that all supplemental accompanying documentation was acceptable and worked closely with internal audit team.
Duties and special projects as assigned by management and banking executives.