Collateral Analyst II
Posted 2hrs ago
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Job Description
ABL Collateral Analyst II analyzing collateral information and ensuring eligibility for loans at TD. Providing specialized analysis and support to credit teams for senior secured credit facilities.
Responsibilities:
- Analyze collateral information (submitted by bank clients) to determine the eligibility and integrity of collateral values as they are used in the calculation of collateral/loan availability.
- Advance funds against pre-approved lines of credit based upon the timely and accurate analysis and updating of results from the analysts independent review and analysis of collateral information/values.
- Provide highly specialized collateral analysis and monitoring support to the Commercial Bank and ABL credit teams, and to bank clients, for senior secured credit facilities.
- Serve as a subject matter expert, on current asset collateral, providing regular and ongoing collateral/availability trend analysis, root cause analysis/due diligence, and exception analysis.
- Track and gather required collateral information.
- Track and analyze collateral availability and Customer trends and prepare management reports according to established department policies and procedures and legal/regulatory guidelines.
- Recommend and implement the appropriate strategy to address collateral issues;.
- Communicate key results and highlights of the analyses, and important status relating to collateral exceptions, BBC discrepancies, and over-advance status to credit team members and Operations management.
Requirements:
- Bachelors degree with area of focus in Business, Accounting or Finance preferred
- 2+ Years of related experience involving knowledge and practical experience with accounting/financial entry practices and procedures
- Possesses and demonstrates near expert knowledge of department processes, collateral analysis, internal support and transaction support functions
- Proven proficiency in Reconcilement/ Analysis-related job functions
- Knowledge of Asset Based Lending products/services and offerings
- Experience with Asset Based Lending software including Stucky or related software
- Knowledge with bank systems, including, but not limited to Loan, DDA, LC, Treasury Management and File Management
- Proven proficiency in basic Microsoft Excel and Word use. Basic Excel, with some experience with macros/formulas is preferred
- General knowledge of credit & collateral analysis techniques
- Very strong communication skills, both verbal and written. Ability to present a concise synopsis of a situation and recommended outcome/action/esolution
- Proven ability to engage in deeper analytical thinking and utilization of problem solving skills
- Self-directed toward meeting deadlines
- Ability to maintain the confidentiality of credit and Customer information
- Very strong and positive interpersonal skills and team orientation
- Leadership qualities exhibited
Benefits:
- Health and well-being benefits
- Savings and retirement programs
- Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
- Banking benefits and discounts
- Career development
- Reward and recognition

















