Asset Based Lending Auditor

Summary

The primary focus of the Asset Based Lending Department is to support, monitor, and audit accounts receivable and inventory lines of credit that are structured with a borrowing base formula for working capital assets. This position is responsible for performing both on-site audits and remote audits as a main component of the ABL department. All duties are performed in accordance with b1BANK’s policies and procedures.

Specific Job Functions

• Provide onsite and remote field examinations of borrowers.
• Schedule and complete field audits along with reporting findings for material variances and provide recommendations for remedies as necessary.
• Assist Lenders in servicing, analyzing, and evaluating special ABL related relationships.
• Analyze, review, and evaluate the validity and adequacy of collateral as approved by Loan Committee.
• Perform a vast array of accounting and financial procedures to analyze collateral, financial trends, record-keeping systems and overall business trends.
• Provide insightful recommendations to improve the Bank’s collateral position.
  
  
  

Minimum Job Requirements

• High school diploma or equivalent is required.
• Bachelor’s degree in finance or accounting is preferred.
• 0 – 3 years of experience in banking or Asset Based Lending Industry is required.
• Other auditing experience to be considered.
• Portfolio Management, Credit Underwriting, or Loan Review experience to be considered.
• Must be able to travel within the b1BANK markets.
• Successfully perform quality work within deadlines without supervision.
• Intermediate computer skills required – Intermediate Excel skills preferred.
• Effective organizational and time management skills.
• Exceptional oral, written, interpersonal communication skills.
  
  

Equal Opportunity Employer/Veterans/Disabled