SR. ABL ACCOUNT EXECUTIVE (USA) Job Job Details
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Show me jobs like this one| Employer: | Capital One | Job Ref No: | 920096725 | Job Title: | SR. ABL ACCOUNT EXECUTIVE (USA) Job | Sector: | Other | Sub Sector: | Other | Risk Type: | Other | Expertise: | Risk Manager | Description Summary: The Senior ABL Account Executive is responsible for all aspects of a portfolio of asset based loan accounts including credit quality, collateral monitoring, day-to-day administration, financial analysis and reporting, and maintaining client relationships. Responsibilities: n Maintain collateral and loan files on assigned accounts. n Administer assigned portfolio in accordance with credit approvals and insure timely preparation of periodic credit reviews. n Review and analyze financial trends, covenant compliance, and variances to projections on assigned portfolio. Develop and implement remedial action plans for any problem accounts. n Review audit reports and ensure compliance to recommendations or appropriate rationale is maintained. Oversee ongoing collateral field examinations on assigned accounts directing specific emphasis on areas of concern. n Negotiate, review and update legal documentation as needed to ensure compliance is maintained with credit approvals. n Perform periodic customer service calls regarding needs, business plans, industry dynamics, collateral issues, and financial performance. n Maintain responsibility for complete credit, legal and insurance files and ensure that all amendments and waivers are properly authorized and executed. n Provide revenue producing events for the business unit through implementation of amendment and waiver fees and avoid losing any relationships to competitive pressures; n Participate in the conversion of new business prospects, primarily in the due-diligence phase of the initiation process and the closing of new transactions. n Oversee the collateral analyst function as it relates to portfolio controls and monitoring routines. n Develop customized financial models for use in account management. n Monitor market trends or changes in industry conditions and evaluate potential impact to portfolio. Qualifications Basic Qualifications: n Bachelor's degree in accounting, finance or business administration n 5+ years experience in commercial lending is required with knowledge of financial analysis, loan structuring, and key documentation issues. n Strong credit, writing, and analytical skills are required. Preferred Qualifications: n MBA desirable. n 7+ years experience in asset-based (ABL) commercial lending, with collateral audit background. n Experience managing workouts, problem loans, bankruptcies, and liquidation scenarios in a fully secured, ABL structure. Job: Business and Commercial Banking Primary Location: United States-New York-New York-Mid Manh-90 Park Ave Br 862 (22862) Schedule: Full-time Travel: Yes, 10 % of the Time Job Posting: Unposting Date: | Employment Type: | Full Time | Region/Country: | Americas, United States | States/Counties: | New York | City: | New York | Address: | Post Date: | 02/10/2012 |
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