Zions Bancorporation, has just opened an opportunity for an Asset Based Lending Collateral Monitoring Specialist in our Asset Based Lending group located in West Valley, UT.
Ideal candidates will have the skills and experience necessary to:
- Performs a variety of operational services to support the Asset Based Lending function.
- Reviews, analyzes and determines the legitimacy and accuracy of customer’s data.
- Obtains additional information from customers and other banking departments on incomplete or unusual terms through telephone or written communications.
- Reviews loan documentation, establishes and maintains customer accounts in an Asset Based Lending Software System.
- Compares and records Financial Statement elements to the monthly/quarterly data received from the borrower.
- Works with various software applications and provides written trend analysis comments.
- Researches and resolves inquires and operational issues.
- Processes accounts receivable and inventory collateral transactions, including loan payments and advances.
- Maintains collateral and determines collateral eligibility for advances.
- Reviews accounts to help detect potentially fraudulent activity.
- Reconciles Demand Deposit Accounts to the collections reported by the borrower.
- Performs other duties and special projects as assigned.
Knowledge:
- Knowledge of Asset Based Lending, collateral processing procedures, bank operations, loan documentation and accounting processes and procedures.
- Broad application of asset based lending procedures, practices and systems.
- Excellent written and interpersonal communication skills.
- Excellent attention to detail and analytical skills.
- Ability to examine/reconcile data and resolve complex issues.
- Advanced level mathematical skills including multi-step calculations using Microsoft Excel.
- Excellent customer service skills; ability to deal with internal and external customers.
- Excellent organizational and multi-tasking skills with the ability to work in a fast paced environment.
Qualifications:
- Requires a bachelor’s degree in finance or a related field
- 1-2 + years’ experience analyzing complex accounts receivable and inventory collateral, loan documentation, asset based lending functions or other directly related experience.
- A combination of education and experience may meet requirements.
