ABL Monitoring Specialist

Job Description

Job Description

Summary of Position

The Senior ABL Monitoring Specialist reports to the VP, ABL Monitoring Manager and serves as an experienced technical resource within the Asset-Based Lending team, responsible for collateral monitoring, analysis, and risk administration for an assigned portfolio of commercial relationships. Working collaboratively as part of the ABL team, this role independently conducts borrowing base analyses, collateral reconciliations, end-of-month reporting, and advance processing within approved parameters. The Senior Specialist also assists with third-party field-examination coordination, assists with reviews of new credit transactions, renewals, and modifications, and ensures ongoing adherence to loan agreements, regulatory standards, and bank risk policies.

Essential Functions and Duties:

Collateral Analysis & Portfolio Monitoring

• Independently manage collateral monitoring and administration for an assigned portfolio of ABL relationships.
• Review and analyze Borrowing Base Certificates (BBCs), accounts receivable and payable agings, inventory reports, and supporting schedules for accuracy, variances, and ineligible collateral.
• Calculate collateral eligibility, advance rates, reserves, cross-aging, concentration limits, availability, and excess availability in accordance with executed loan agreements and credit approvals.
• Complete monthly collateral analyses and process advance and paydown requests within established delegation of authority and operational deadlines.
• Monitor specialized and complex credit structures, including participations, syndicated facilities, purchase order financing, full-doc A/R financing, SBA-guaranteed facilities, credit-insured accounts, tax-certificate or deed financing, and other specialized or nontraditional collateral arrangements.
• Verify and track compliance for private credit insurance policies and Ex-Im Bank insurance requirements.

Field Examinations

• Assist with third-party field exam engagements and help coordinate information requests through completion.
• Assist with reviewing field exam reports against credit agreements and BBC calculations to help identify collateral trends.
• Support the team in tracking exam findings, recommended reserve or eligibility changes, and outstanding exceptions through resolution.

Risk Escalation & Management Reporting

• Promptly identify, quantify, and escalate material collateral deteriorations, reporting deficiencies, unauthorized over-advances, and loan covenant breaches to Relationship Managers, Portfolio Managers, and Credit Management.
• Maintain and contribute to ABL monitoring and KPI reports reflecting borrowing base availability, collateral trends (A/R, A/P, inventory, sales, collections), and risk indicators.
• Provide concise commentary on emerging risks, past-due reporting, and collateral changes affecting credit quality.

Team Collaboration & Cross-Functional Support

• Actively collaborate as a core member of the ABL team, maintaining operational continuity, mutual cross-coverage, and balanced workload management.
• Assist with reviews of new credit transactions, renewals, and modifications by evaluating proposed BBC formats, ineligible criteria, and collateral monitoring covenants.
• Maintain direct, professional communication with borrowers regarding reporting submissions, missing data, and documentation questions.
• Coordinate with Relationship Managers, Credit Officers, Underwriters, and Loan Operations to align funding, documentation, and reporting requirements.

Compliance & Regulatory Responsibilities

• Comply with Bank Secrecy Act / Anti-Money Laundering (BSA/AML) policies, identifying and reporting unusual or suspicious account or collateral activities.
• Abide by the bank’s Enterprise Risk Management (ERM) policies and credit operational guidelines.
• Complete all assigned annual compliance and regulatory training programs on schedule.
• Perform other related credit and collateral functions as assigned.

Qualifications Requirements

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (or equivalent practical experience).
• Experience: Minimum of five (5) years of direct Asset-Based Lending (ABL) collateral monitoring, credit analysis, audit, or loan administration experience within a financial institution.
• Technical Knowledge: Strong working knowledge of borrowing-base mechanics, collateral formulas, ineligibles, reserves, cross-aging, concentration limits, dilution, and commercial loan documentation.
• Systems Proficiency:  Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint) and G Suite. Experience with specialized ABL platforms (such as Cync-ABL or ABLSoft) is preferred.
• Language & Communication:  Must be bilingual: English and Spanish. Strong written and verbal communication skills; ability to interact effectively with borrowers, third-party auditors, and internal management.
• Core Skills: Strong analytical capabilities, attention to detail, time management, organizational skills, and a collaborative team approach.