Borrowing Base Analyst

Job description

NY0705 NY Region Business Office Job Description: The Borrowing Base Analyst is responsible for the review and analysis of borrowing base documentation for accuracy and completeness to calculate collateral activity. Essential Functions: - Analyze Borrowing Base Certificates (BBC) and supporting documentation, including identification and analysis of trends to ensure compliance with the Loan and Security Agreement - Complete conformity chart trends on a monthly basis for all customers in the portfolio. Identify, analyze, and report conformity chart trends to lending and the credit team. Escalate and communicate issues regarding overadvances and reporting variances in regards to ineligible calculations - Recalculate ineligibles to ensure the clients reported BBC is accurate and collateral availability is set properly in the loan system. Ensure overadvances, past due reports, material miscalculations on the BBC are escalated and communicated to the lending and credit team - Recommend proper borrowing base loan structure, including appropriate advance rates and ineligibles - Report availability to loan operations to update loan system - Assist credit teams in reviewing borrowing base p...