What are the responsibilities and job description for the ABL (Asset Based Lending) Analyst - NY - FULLTIME position at Brandon Consulting Associates, Inc.?
Job Description
- Interpret Credit Agreements, Amendments, Notes, Line Letters, etc. and extrapolate the required information to capture the deal attributes for proper maintenance within STUCKY. (i.e., Line amount, pricing, fees, etc.)
- Ensure that legal documentation and other supporting documents are received, complete and fully executed, if not, follow-up with appropriate personnel in Lending
- Process daily work in STUCKY, which includes : review of incoming faxes, email, and mail, processing advances, repricings and rate changes, and interest, fee and principal payments to loans on direct, participated or syndicated deals.
- Obtain internal approval for advances and new borrowings as required per bank policy.
- Interpret monthly aging, inventory, ineligibles and borrowing base certificates and update collateral values.
- Track monthly aging and inventory schedules.
- Timely collation of weekly ABL Overline report for distribution to Front Office and others areas of the bank.
- Review the daily postings (registers) for data input is accurate and free of errors.
- Perform Daily Proof preparation and process Interface file to Silverlake server for DDA entries.
- Perform independent processing of the EOD and Month-End procedures. Ensure the nightly batch process updates EOD files and GL entries.
- Communicate with internal lending officers and agent bank representatives on syndicated deals.
- Investigate and resolve customer inquiries and account discrepancies in timely
- Reconciliation interest and fee discrepancies.
- Ensure that all work processed meets audit and compliance requirements.
- Participate in department projects and initiatives as required.
- Assist in testing and implementation of system enhancements as required.
- Prepare and circulate departmental reports as assigned.
- Other duties as assigned.
Qualifications
