ABL Collateral Analyst - NYC or Jericho, NY - New York, NY

Valley National Bank
$71,900.00 - $122,600.00 / yr
paid time off
United States, New York, Jericho
Oct 10, 2025
Back ABL Collateral Analyst - NYC or Jericho, NY #25-1060 Multiple Locations Apply Apply for this job now! Apply Job Description Responsibilities include but not limited to: Lead the review and analysis of loan collateral, including borrowing base certificates, A/R aging's, inventory reports, and appraisals. Processes advance requests, validates there is sufficient availability, and obtains all required advance approvals. Reviews and monitors collateral performance trends and effectively communicates analysis to colleagues and clients. Evaluate the value of assets and determine their loan eligibility with a high degree of accuracy. Monitor collateral to ensure that it remains in compliance with loan conditions and proactively identify potential issues. Verifies borrowers' incoming cash receipts and records information into loan monitoring system. Communicate with borrowers and portfolio managers to resolve any collateral issues and provide guidance on best practices. Prepare detailed reports on loan collateral and present findings to senior management and stakeholders and processes and reviews month-end closing system. Completes and reviews collateral analysis, identifies all issues and determines appropriate course of action to address and resolve reconciliation matters and other reporting issues. Performs full validation and reconciliation of borrower-reported borrowing base collateral to ensure that the borrowing base availability is accurate and in conformance with the credit agreement. Analyzes ineligibles and reserves as well as makes recommendations for changes based on thorough collateral analysis. Conducts daily reconciliations of loan balances, advances, and cash collections between the bank's core loan system and ABLSoft. Review invoices and credit memos and may perform verifications on those accounts. Ensures compliance with all credit policies and maintains accuracy in operational procedures. Seeks to proactively understand the client to spot early warning signs of increased risk. Stay up to date on industry and regulatory developments and trends related to asset-based lending and implement best practices within the organization. Requirements Required Skills: Proficient in MS Excel and other Microsoft Office applications. Analyze, interpret, and apply financial analysis, financial modeling, and statistics. Strong written and verbal communication skills with the ability to present findings to senior management. Ability to work independently and in a team environment and collaborate effectively. Strong analytical and critical thinking skills with experience leading complex evaluations. Experience with collateral field examinations. Experience using an ABL software system, preferable ABLSoft. Strong understanding of lending regulations and standards. Working knowledge of bank regulations and commercial or consumer lending businesses (preferred). Detail oriented and organized. Ability to manage multiple tasks with competing deadlines in a fast-paced environment. Must be able to maintain a high level of confidentiality and uphold strong ethical standards. Required Experience: Bachelor's Degree in Business Administration, Economics, Finance, Accounting, or a related field. Five years of experience in Asset Based Lending or related field. Full-time/Part-time Full-time FLSA Exempt Location(s). One Jericho Plaza Suite 107, Jericho , New York 11753 , United States 350 Madison Ave, New York , New York 10017 , United States Total Rewards Summary We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions. In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process. Job Details Pay Range Pay Range The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience. $71,900.00 - $122,600.00 / year Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.