Collateral Analyst I (Open to York, PA, Baltimore, MD, Buffalo, NY & Boston area)

Job description

Overview: This position is 4 days a week in office Analyze, review and evaluate the validity, formula valuations, credit worthiness and collectability of accounts receivable to reduce risk of charge-offs and to correlate the findings and results with the customers eligibility to borrow. Primary Responsibilities: - Analyze, review and evaluate monthly customer accounts receivable aging’s to ascertain validity for portfolio of formula based lines of credit. Calculate ineligible figure utilizing aging information from customer. Calculate collateral availability and process line of credit requests accordingly. Work directly with customer to resolve discrepancies. Analyze and review clients financial statements, reporting discrepancies. Work directly with Loan Examiners and Loan Administration Department. Identify suspected deficiencies in field examinations, reporting deficiencies to management. Prepare collateral and loan trend reporting. Report delinquent reporting exceptions. - Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigat...