ABL Collateral Analyst

The ABL Collateral Analyst is responsible for monitoring, analyzing, and reporting on collateral supporting asset-based lending facilities. This role ensures borrowing base accuracy, compliance with loan agreements, and early identification of collateral-related risks. The analyst works closely with Portfolio Managers, Relationship Managers, Credit Officers, Operations and borrowers to maintain the integrity of collateral positions and support sound credit decisions.

Key Responsibilities

Collateral Monitoring & Analysis

• Review and analyze borrower collateral reports, including accounts receivable, inventory, and other eligible collateral.
• Calculate borrowing bases in accordance with loan agreements and internal credit policies.
• Validate advance rates, eligibility criteria, reserves, and concentration limits.
• Identify trends, exceptions, and anomalies in collateral performance.

Reporting & Compliance

• Prepare timely borrowing base certificates and collateral monitoring reports.
• Ensure compliance with loan documentation, covenants, and reporting requirements.
• Track and follow up on reporting deficiencies, past-due items, and documentation gaps.
• Support internal and external audits, regulatory exams, and credit reviews.

Risk Identification & Escalation

• Monitor dilution, aging, inventory turnover, and other key collateral metrics.
• Identify emerging risks and escalate concerns to portfolio management and credit teams.
• Recommend reserves or collateral adjustments when warranted.

Borrower & Internal Interaction

• Communicate with borrowers regarding reporting issues, variances, and collateral questions.
• Coordinate with relationship managers and credit officers on collateral-related matters.
• Support field examiners and assist in reviewing field exam findings and action items.

Systems & Process Management

• Maintain accurate collateral records in loan systems and spreadsheets.
• Contribute to process improvements and standardization initiatives.
• Assist with special projects, portfolio reviews, and new deal onboarding.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field required.
• 1-4 years of experience in asset-based lending, collateral analysis, credit analysis, or a related banking/finance role.
• Familiarity with ABL collateral types, including accounts receivable and inventory, preferred.
• Strong analytical and quantitative skills.
• Proficiency in Microsoft Excel; experience with ABL or loan monitoring systems a plus.
• Working knowledge of UCC filings, borrowing base mechanics, and loan documentation.

Core Competencies

• High attention to detail and accuracy.
• Strong organizational and time-management skills.
• Effective written and verbal communication.
• Ability to manage multiple deadlines in a fast-paced environment.
• Sound judgment and willingness to escalate issues appropriately.

Preferred Attributes

• Exposure to middle-market or commercial banking environments.
• Experience reviewing field exams or audit reports.
• Progress toward professional certifications (e.g., CFA, CPA) is a plus.

Our goal is to offer our colleagues the most generous benefits package possible. We strive to provide colleagues with a comprehensive benefits package and an environment that supports a healthy work-life balance. Benefits include: Competitive compensation with performance incentive awards, Health Insurance, Dental Insurance, a 401K and DC Plan for your retirement, LTD & Life Insurance, Day Care Reimbursement, Tuition Assistance for graduate and undergraduate programs, an award winning Wellness program and much more!

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.