ABL Account Executive, Sr.
Asset Based Lending
Phoenix,
Arizona
Glendale,
California
San Jose,
California
Walnut Creek,
California
Description
About Us:
At Columbia, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of ourassociates.
We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.
Think of us as financial partners, because at Columbia, we believe the best way forward is together. Together for people. Together for business. Together for better.
About the Role:
Responsible for managing the overall monitoring and servicing of asset-based loans, including the collateral monitoring of complex or special significance asset-based loans in accordance with the applicable policies and guidelines. Keep apprised of industry related, political, and regulatory issues to determine the impact on specific industries and clients. Works closely with the ABL Operations Team on collateral management and daily workflow. The monitoring process also involves collaborations with the Lending Unit and Credit Administrators on loan structuring, underwriting, documentation, and closing of prospect/existing borrower accounts.
Responsible for a designated portfolio of ABL clients, performing both quantitative and qualitative analysis of various assigned collateral categories.
Provide collateral risk recommendations with emphasis on collateral coverage through close monitoring of accounts. Support and collaborate with the lending units in prospect pre-screening, existing credit renewal, client visits, loan structuring, documentation review, pre-funding requirements, and loan workouts.
Develop and maintain a solid working relationship with the lenders and credit approvers to ensure timely workflow on credit requests.
Independently helps determine appropriate borrowing base structure and underwrites changes to structure as risk dictates.
Coordinate and determine the scope of field examination, and appraisal.
Ensure that vendor contracts are in place, engagements are monitored, and quality of work performed by independent contractors meets service requirements.
Responsible for the overall identification and reporting of ABL loan violations, delinquent reporting, and potential concerns on collateral and financial performance on a regular basis.
May approve/disapprove loan advances and paydowns.
Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities - knowledge may be gained through coursework and on-the-job training.??e?up to date on regulation changes.
Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations as applicable to this job description.
May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
Take personal initiative and be a positive example for others to emulate.
Embraces our vision to become the "Business Bank of Choice".."
May perform other duties as assigned.
About You:
Bachelor's degree in accounting, Finance or a related field or equivalent workexperience, required.
4-7 years' experienceof field examiner or ABL risk management, managing a complex Asset Based Lending portfolio including loan workout experience or other directly related experience.
Employ advanced knowledge as a specialist of Asset Based Lending relating to credit analysis, collateral processes, and procedures.
Understanding the importance of collateral exam and appraisal as tools for monitoring credit risk.
Advanced analytical and mathematical aptitude skills.
Excellent negotiation and communication skills, both verbal and written.
Strong organizational, accountability, and adaptability skills.
Ability to manage customer expectations and interface with internal partners to achieve business results.
Strong knowledge of Asset Based Lending policies, procedures, practices and documentation and the ability to apply ABL principles, theories, concepts, and techniques.
Strong working knowledge of Word, Excel, and other ABL software applications.
Job Location(s): Ability to work fully onsite at posted location(s).
Glendale, CA
Walnut Creek, CA
San Jose, CA
Travel Type: Occasional
Our Benefits:
We offer a competitive total rewards package including basewagesand comprehensive benefits. Thepayrange for this role is $125,000.00 -160,000.00, and the pay rate for theselected candidate isdependent upon a variety of non-discriminatory factorsincluding, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The rolemay beeligible for performance-based incentive compensation and those details will be provided during the recruitment process.
We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.
Our Commitment to Diversity :
Columbia Bank isan equal opportunityand affirmative actionemployercommitted to employing, engaging, and developinga diverse workforce.Allqualifiedapplicants will receive considerationfor employmentwithout regard to race, color,national origin,religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s),please let us know by email: [email protected] .
To Staffing and Recruiting Agencies:
Our posted job opportunities are onlyintendedfor individuals seekingemploymentat Columbia Bank.Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions.Staffing and recruiting agencies are not authorized to submit profiles, applications,or resumestothis site or toany Columbia Bank employeeand any such submissionswill be consideredunsolicitedunlessrequesteddirectlyby a member of the Talent Acquisition team.
