Asset Based Lending Auditor
Apply NowCompany: b1BANK
Location: Dallas, TX 75217
Description:
Summary
The primary focus of the Asset Based Services Department is to support, monitor, and audit accounts receivable and inventory lines of credit that are structured with a borrowing base formula for working capital assets. This position is responsible for performing both on-site audits and remote audits as a main component of the ABS department. All duties are performed in accordance with B1Bank's policies and procedures.
Specific Job Functions
Minimum Job Requirements
Equal Opportunity Employer/Veterans/Disabled
#Asset Based Lending
#Audit
The primary focus of the Asset Based Services Department is to support, monitor, and audit accounts receivable and inventory lines of credit that are structured with a borrowing base formula for working capital assets. This position is responsible for performing both on-site audits and remote audits as a main component of the ABS department. All duties are performed in accordance with B1Bank's policies and procedures.
Specific Job Functions
- Provide onsite and remote field examinations of borrowers.
- Schedule and complete field audits along with reporting findings for material variances and provide recommendations for remedies as necessary.
- Assist Lenders in servicing, analyzing, and evaluating special ALB related relationships.
- Analyze, review, and evaluate the validity and adequacy of collateral as approved by Loan Committee.
- Perform a vast array of accounting and financial procedures to analyze collateral, financial trends, record-keeping systems and overall business trends.
- Provide insightful recommendations to improve the Bank's collateral position.
Minimum Job Requirements
- Bachelor's degree in finance or accounting required.
- 4 years of experience in Asset Based Lending industry can be used in lieu of degree.
- Four (4) to Seven (7) years of experience in Asset Based Lending industry required.
- Other auditing experience to be considered.
- Must be able to travel from time to within the Dallas/Houston markets.
- Intermediate computer skills required.
- Effective organizational and time management skills.
- Exceptional oral, written, interpersonal communication skills.
- Successfully perform quality work within deadlines without supervision.
Equal Opportunity Employer/Veterans/Disabled
#Asset Based Lending
#Audit