Pittsburgh, PA, 15222, USA
13 hours ago
Collateral Analyst
**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
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