ABL Collateral Risk Analyst

ABL Collateral Risk Analyst

Asset Based Lending

Tacoma, Washington

Description

About Us:

Umpqua Bank is headquartered in the Pacific Northwest with 5,000+ employees and offers banking services to customers throughout the nation. It's an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Role:

Analyze, evaluate, and report on asset-based borrowers to the ABL Team and Lending Teams, the primary focus is on daily deliverables and defined outputs while developing a broader knowledge base and understanding of Asset Based Lending and the context in which the work is being performed.

• Manage an assigned listing of accounts within the department portfolio, taking ownership of collateral monitoring responsibilities, which also includes tracking reports, administering delinquent correspondences with the Lending Units as needed, and maintaining all records according to ABL policy.

• Utilize an Asset Based Lending specific software to streamline and expedite daily efficiencies and production capabilities; inputting appropriate Borrowing Base parameters and monitoring client loan availability.

• Review and extract appropriate information from recent Credit Approvals and Loan Documentation relative to the Borrowing base parameters; providing updated withholdings to Lending Teams and/or Credit Administration as necessary.

• Conduct recurring analysis of Borrowing Base Certificates, Accounts Receivables Aging, Accounts Payable Aging, and Inventory Reports on a weekly, monthly, or quarterly basis as required by Credit Administration approvals; monitoring receipt, inputting financial data to evaluate monthly trends, and preparing detailed calculations of client Borrowing Base for distribution to ABL Team and Lending Teams.

• Demonstrate the ability to work independently, paying close attention to detail, with enough understanding to identify workable reports, and the capacity and drive to further develop their foundational skills and understanding of Asset Based Lending practices.

• Exercise critical thinking in Asset Based Lending, while working with supervisors and ABL Account Executives on complexities that deliver learning opportunities. Work output is thoroughly reviewed, and roles at this level will have limited contact outside the immediate work area.

• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.

• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

• May be asked to coach, mentor, or train others.

• Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.

• Takes personal initiative and is a positive example for others to emulate.

• May perform other duties as assigned.

About You:

• Bachelor's Degree in the field of business, accounting, finance, or another related field or equivalent work experience.

• Less than 2 years of related banking or similar experience, required.

• Basic knowledge of bank systems, preferred.

• Possess excellent analytical interpersonal, written, verbal and organizational skills.

• Demonstrated ability to work independently with little supervision.

• Proficient in Excel with a broad understanding of spreadsheet applications.

• Demonstrated excellent numeracy, accuracy and attention to detail skills, required.

Work Style:

Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Full Office work style which is working in office from a designated company location five days weekly.

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $24.50 - $36.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.