What are the responsibilities and job description for the Collateral Analyst Asset Based Lending position at Collabera?
Job Details:
Title: Collateral Analyst Asset Based Lending
Location: Plano, TX
Duration: 12 months of contract | Onsite
Pay Range: $32/Hr. to $33/Hr.
Benefits:
The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, (paid time , paid sick and safe time , hours of paid vacation time, weeks of paid parental leave, paid holidays annually - AS Applicable)
Job Description:
Collateral Analyst responsible for Account Receivable and Inventory analysis supporting Asset Based Lending loan portfolios
Determine eligible client collateral in accordance with Credit Agreement
Review and understand client trends in relation to Accounts Receivable, Accounts Payable and Inventory collateral levels
Identify and escalate potential risk items in client loan support documentation
Effectively communicate analysis to business partners & clients
Extracting / formatting / uploading client report data for multiple lending lines of business
Review client file submissions for Completeness and assess file format for predetermined requirements
Coordinate the receipt of missing/incomplete documentation with our internal Servicing partners
Collaborate with internal Servicing Partners to insure correct data extraction
Create and update formulas within data extraction tool used to upload client files to analytical application
Salary : $32 - $33