What are the responsibilities and job description for the Asset Based Lending Auditor position at b1BANK?
Summary
The primary focus of the Asset Based Services Department is to support, monitor, and audit accounts receivable and inventory lines of credit that are structured with a borrowing base formula for working capital assets. This position is responsible for performing both on-site audits and remote audits as a main component of the ABS department. All duties are performed in accordance with B1Bank’s policies and procedures.
Specific Job Functions
- Provide onsite and remote field examinations of borrowers.
- Schedule and complete field audits along with reporting findings for material variances and provide recommendations for remedies as necessary.
- Assist Lenders in servicing, analyzing, and evaluating special ALB related relationships.
- Analyze, review, and evaluate the validity and adequacy of collateral as approved by Loan Committee.
- Perform a vast array of accounting and financial procedures to analyze collateral, financial trends, record-keeping systems and overall business trends.
- Provide insightful recommendations to improve the Bank’s collateral position.
Minimum Job Requirements
- Bachelor’s degree in finance or accounting required.
- 4 years of experience in Asset Based Lending industry can be used in lieu of degree.
- Four (4) to Seven (7) years of experience in Asset Based Lending industry required.
- Other auditing experience to be considered.
- Must be able to travel from time to within the Dallas/Houston markets.
- Intermediate computer skills required.
- Effective organizational and time management skills.
- Exceptional oral, written, interpersonal communication skills.
- Successfully perform quality work within deadlines without supervision.
Equal Opportunity Employer/Veterans/Disabled
#Asset Based Lending
#Audit
