Asset Based Lending (ABL) Analyst I, II, or III
First Guaranty Bank, Hammond, LA, United States
Description
Great employees are essential to maintaining the confidence our customers place in us. FGB believes that our employees are our greatest asset as demonstrated in their professionalism and dedication. We encourage open communication and strive to cultivate an environment in which our employees will contribute new ideas and innovations that will help us excel. As we grow, we want YOU to join our team to help fulfill our mission of serving the banking needs in our local communities.
Job Details Our full-time employees are eligible for amazing benefits including medical, dental, vision, and basic life/AD&D insurance, prescription drug benefits, long term disability, and salary continuance (short-term disability). In addition, they get paid holidays, paid vacation and sick leave, a tuition reimbursement program, 401k, section 125 cafeteria plan, and the opportunity to earn FGB stock grants. Apply today to enjoy these benefits and more!
ABL Analyst I Position Summary The Asset Based Lending (ABL) Analyst I is responsible for assisting and performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable.
Essential Duties And Responsibilities
Test collateral for value, validity, and accuracy of reporting through the use of various industry‑standard workpapers.
Calculate borrowing availability on a monthly basis.
Analyze accounts receivable and inventory trends.
Analyze financial reports to evaluate and report material changes in operating performance and/or balance sheet status.
Assess the borrower’s overall systems and records and identify any areas of potential exposure.
Coordinate with borrowers’ senior level management routinely to perform monthly duties.
Review loan documentation and procedures for adherence to the Loan Agreement.
Prepare clear and concise audit reports highlighting areas of exposure and audit findings.
Maintain borrower Field examination ratings with supplemental data.
Prepare accounts receivable verification letters on a quarterly basis.
Provide ABL analysis for ABL loan requests to include specialized loan covenants, trend analysis, BBCs, and any other analysis considered necessary to the credit decision.
Adheres to the BSA Policy and all other Bank Policies.
Other duties and responsibilities as may be assigned by supervisor.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
Accounting proficiency or fundamental experience required.
Minimum of 1 year ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
ABL Analyst II Position Summary The Asset Based Lending (ABL) Analyst II is responsible for performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable. Resolves moderately complex credit/ABL problems but may require assistance on highly sensitive accounts. Provides assistance to Credit Officers for credit decisions.
Essential Duties And Responsibilities
Test collateral for value, validity, and accuracy of reporting through the use of various industry‑standard workpapers.
Calculate borrowing availability on a monthly basis.
Analyze accounts receivable and inventory trends.
Analyze financial reports to evaluate and report material changes in operating performance and/or balance sheet status.
Assess the borrower’s overall systems and records and identify any areas of potential exposure.
Coordinate with borrowers’ senior level management routinely to perform monthly duties.
Review loan documentation and procedures for adherence to the Loan Agreement.
Prepare clear and concise audit reports highlighting areas of exposure and audit findings.
Maintain borrower Field examination ratings with supplemental data.
Prepare accounts receivable verification letters on a quarterly basis.
Provide ABL analysis for ABL loan requests to include specialized loan covenants, trend analysis, BBCs, and any other analysis considered necessary to the credit decision.
Make recommendations for customer reporting if deemed necessary.
Assist in training of new ABL Analysts as required.
Adheres to the BSA Policy and all other Bank Policies.
Other duties and responsibilities as may be assigned by supervisor.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
Accounting proficiency or fundamental experience required.
Minimum of 3 years of ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
ABL Analyst III Position Summary The Asset Based Lending (ABL) Analyst III is responsible for performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable. Resolves highly complex credit/ABL problems and is involved with highly sensitive accounts. Ensures regular compliance of ABL loans and monitors the quality and quantity of ABL loans submitted. Provides assistance to Credit Officers for credit decisions.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
MBA/CPA designation a plus.
Accounting proficiency or fundamental experience required.
Minimum of 5 years ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
Physical Demands and Work Environment The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk and hear. The employee frequently is required to use hands or fingers, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually moderate. This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will posses the skills aptitudes and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills or abilities.
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Job Details Our full-time employees are eligible for amazing benefits including medical, dental, vision, and basic life/AD&D insurance, prescription drug benefits, long term disability, and salary continuance (short-term disability). In addition, they get paid holidays, paid vacation and sick leave, a tuition reimbursement program, 401k, section 125 cafeteria plan, and the opportunity to earn FGB stock grants. Apply today to enjoy these benefits and more!
ABL Analyst I Position Summary The Asset Based Lending (ABL) Analyst I is responsible for assisting and performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable.
Essential Duties And Responsibilities
Test collateral for value, validity, and accuracy of reporting through the use of various industry‑standard workpapers.
Calculate borrowing availability on a monthly basis.
Analyze accounts receivable and inventory trends.
Analyze financial reports to evaluate and report material changes in operating performance and/or balance sheet status.
Assess the borrower’s overall systems and records and identify any areas of potential exposure.
Coordinate with borrowers’ senior level management routinely to perform monthly duties.
Review loan documentation and procedures for adherence to the Loan Agreement.
Prepare clear and concise audit reports highlighting areas of exposure and audit findings.
Maintain borrower Field examination ratings with supplemental data.
Prepare accounts receivable verification letters on a quarterly basis.
Provide ABL analysis for ABL loan requests to include specialized loan covenants, trend analysis, BBCs, and any other analysis considered necessary to the credit decision.
Adheres to the BSA Policy and all other Bank Policies.
Other duties and responsibilities as may be assigned by supervisor.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
Accounting proficiency or fundamental experience required.
Minimum of 1 year ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
ABL Analyst II Position Summary The Asset Based Lending (ABL) Analyst II is responsible for performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable. Resolves moderately complex credit/ABL problems but may require assistance on highly sensitive accounts. Provides assistance to Credit Officers for credit decisions.
Essential Duties And Responsibilities
Test collateral for value, validity, and accuracy of reporting through the use of various industry‑standard workpapers.
Calculate borrowing availability on a monthly basis.
Analyze accounts receivable and inventory trends.
Analyze financial reports to evaluate and report material changes in operating performance and/or balance sheet status.
Assess the borrower’s overall systems and records and identify any areas of potential exposure.
Coordinate with borrowers’ senior level management routinely to perform monthly duties.
Review loan documentation and procedures for adherence to the Loan Agreement.
Prepare clear and concise audit reports highlighting areas of exposure and audit findings.
Maintain borrower Field examination ratings with supplemental data.
Prepare accounts receivable verification letters on a quarterly basis.
Provide ABL analysis for ABL loan requests to include specialized loan covenants, trend analysis, BBCs, and any other analysis considered necessary to the credit decision.
Make recommendations for customer reporting if deemed necessary.
Assist in training of new ABL Analysts as required.
Adheres to the BSA Policy and all other Bank Policies.
Other duties and responsibilities as may be assigned by supervisor.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
Accounting proficiency or fundamental experience required.
Minimum of 3 years of ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
ABL Analyst III Position Summary The Asset Based Lending (ABL) Analyst III is responsible for performing pre‑loan as well as recurring on‑site collateral and due diligence analysis, consisting of field examinations of the books and records of commercial borrowers, verifying and validating relevant information, documenting the findings in written form through detailed reports and orally with lenders and management. This includes the testing of accounts receivable, inventory, cash, accounts payable, notes payable and taxes payable. Resolves highly complex credit/ABL problems and is involved with highly sensitive accounts. Ensures regular compliance of ABL loans and monitors the quality and quantity of ABL loans submitted. Provides assistance to Credit Officers for credit decisions.
Minimum Qualifications (Education, Experience, Skills)
Bachelor’s degree required (accounting, finance, or related field preferred).
MBA/CPA designation a plus.
Accounting proficiency or fundamental experience required.
Minimum of 5 years ABL experience or similar training or ABL credit experience.
Proficient in the use of Microsoft Excel and Microsoft Word.
First‑class communication, writing and organizational skills.
The ability to spot flaws in logic and irregular patterns.
The ability to work independently.
The ability to work under stress and meet stringent deadlines.
The ability to communicate effectively with borrowers’ senior management.
Strong organization skills.
Keen attention to detail.
Travel required (50%).
Physical Demands and Work Environment The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is regularly required to talk and hear. The employee frequently is required to use hands or fingers, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus. The noise level in the work environment is usually moderate. This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job‑related instructions and to perform any other job‑related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will posses the skills aptitudes and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills or abilities.
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