ABL ACCOUNT EXECUTIVE (USA) Job Job Details
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Show me jobs like this one| Employer: | Capital One | Job Ref No: | 1940370945 | Job Title: | ABL ACCOUNT EXECUTIVE (USA) Job | Sector: | Other | Sub Sector: | Other | Risk Type: | Other | Expertise: | Risk Manager | Description Summary: The 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: - Maintain collateral and loan files on assigned accounts. - Administer assigned portfolio in accordance with credit approvals and insure timely preparation of periodic credit reviews. - Review and analyze financial trends, covenant compliance, and variances to projections on assigned portfolio. Develop and implement remedial action plans for any problem accounts. - 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. - Negotiate, review and update legal documentation as needed to ensure compliance is maintained with credit approvals. - Perform periodic customer service calls regarding needs, business plans, industry dynamics, - Maintain responsibility for complete credit, legal and insurance files and ensure that all amendments and waivers are properly authorized and executed. - Provide revenue producing events for the business unit through implementation of amendment and waiver fees and avoid losing any relationships to competitive pressures; - Participate in the conversion of new business prospects, primarily in the due-diligence phase of the initiation process and the closing of new transactions - Oversee the collateral analyst function as it relates to portfolio controls and monitoring routines - Develop customized financial models for use in account management - Monitor market trends or changes in industry conditions and evaluate potential impact to portfolio. Qualifications Basic Qualifications: - Bachelor's degree in accounting, finance or business administration - 3+ years experience in commercial lending is required with knowledge of financial analysis, loan structuring, and key documentation issues. - Strong credit, writing, and analytical skills are required. Preferred Qualifications: - MBA desirable. - Prior experience in asset-based (ABL) commercial lending, with collateral audit background. - Experience managing workouts, problem loans, bankruptcies, and liquidation scenarios in a fully secured, ABL structure. At this time, Capital One will not sponsor a new applicant for employment authorization for this position. No agencies please. Capital One is an equal opportunity employer committed to diversity in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions. 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, 25 % 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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