What are the responsibilities and job description for the ABL Specialist position at Ocean Bank?
The ABL Specialist is responsible for supporting the Asset-Based Lending (ABL) operations by monitoring customer service channels, processing funding requests, and ensuring compliance with established procedures.
Responsibilities
Qualifications
Skills & Competencies
Licenses/Certifications (preferred)
In this role you can work onsite from Miami, Florida, United States
Responsibilities
- Monitor PureCloud and the ABL customer service mailbox for funding requests and issue resolution.
- Conduct research and draft responses to customer inquiries.
- Communicate with account officers and/or customers as needed.
- Analyze advance requests and related documentation to determine funding eligibility.
- Verify collateral documentation for completeness and accuracy.
- Process daily advances, payments, and curtailments in accordance with approved amounts.
- Collaborate with management and account officers to resolve funding and payment issues.
- Assist with processing tax certificate line funding requests.
- Maintain and monitor Floor Plan Line of Credit collateral reports regularly.
- Support preparation of inspection reports and coordinate floorplan inspection visits.
- Review payments processed by team members for accuracy and ensure proper documentation.
- Perform administrative tasks related to all ABL product lines outside of floorplans.
- Audit client payments to ensure compliance with floor plan loan terms.
Qualifications
- Bachelor’s Degree or equivalent in Business, Finance, or Accounting
- 1 year of experience directly related to bank exposure or analytical work.
Skills & Competencies
- Must have the capacity to handle a large volume of work and multi-task.
- Must be accurate and detail oriented.
- Must possess good analytical, organizational, interpersonal, written and verbal communication skills.
- Must be computer proficient in Microsoft Software including Excel, Word, and Outlook.
Licenses/Certifications (preferred)
- None
In this role you can work onsite from Miami, Florida, United States