Summary of the Position:
The Collateral Analyst monitors and evaluates fluctuating loan collateral value for Private Bank and Asset Based lines of credit; and provide reporting and related support to the Credit / Portfolio Management team.
Primary Functions of the Position:
- Reviews daily brokerage system feeds to value collateral assets associated with Private Bank lines of credit
- Provides notification to private bankers and loan operations regarding advances or issues
- Reviews and verifies collateral borrowing base reports for asset-based lines of credit
- Prepares and distributes the daily collateral reports
- Verifies ineligible calculations, verifies A/R reconciliation balance, and ensures information is rolled up properly in all final Bank Collateral reports
- Provides notifications of defaults and/or updates regarding borrowing availability
- Evaluates and prepares collateral release requests daily
- Ensures line of credit availability is accurately reflected on commercial loan system
- Reviews legal and ongoing borrower provided documentation for accuracy and completeness
Education and Experience:
- Bachelor’s Degree in related field, or equivalent years of experience
- 3-5 years of banking or securities experience including previous experience in collateral analysis, credit or related function
- Experience with special asset analysis and work out solutions is preferred
- Experience with marketable securities, collateralized or asset-based lending
Essential Skills and Abilities:
- Demonstrated knowledge of accounting principles, collateral evaluation methods and general knowledge of underwriting
- Proficient in MS Office (specifically Excel and Word)
- Organized with strong attention to detail
- Professional interpersonal and communication skills
- Demonstrated ability to assist in the analysis of problem accounts
- Demonstrated strong analytical and project management competencies
Education
Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance
Work Experience
General Experience – 7 to 12 months
TriState Capital Bank provides equal employment opportunity and advance in employment to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
TriState Capital Bank is an Equal Opportunity Employer.