Senior Collateral Specialist - Asset Based Lending

Senior Collateral Specialist - Asset Based Lending

Location : Block 23

The Senior Collateral Specialist is responsible for supporting the Asset Based Lending (ABL) team which includes effectively and efficiently monitoring the underlying collateral supporting the outstanding balances on the asset based loan facilities. You'll also mentor new collateral specialists in the expectations and duties.

Responsibilities :

• Analyzes and assess collateral information to support Relationship Managers in determining risk involved in lending to customers.
• Process client funding requests, including data uploads, reviews or backup documentation, collateral verification, debtor qualifications, and funding submission for Relationship Manager approval. Review and verify clients borrowing base reports timely. Update clients borrowing availability on system as well as notifying Relationship Managers, Credit officers and / or clients of any issues.
• Promptly informs lenders and clients of funding issues and assists in resolution. Support Relationship Managers and works with clients to manage day to day collateral routines including paydowns, cash collection activities, disbursements and collateral reporting.
• Work directly with clients to resolve compliance issues and operational inquiries. Monitor collateral status and submit management reports timely to ensure compliance with Bank regulations.

Requirements :

Benefits :

We offer all the important things you'd want like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company :

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and / or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.