Hybrid Collateral Analyst I – Asset Based Lending

at Capital One

• Job title: Collateral Analyst I – Asset Based Lending
• Job type: Full Time
• Experience level: Junior
• Salary: $64,700 - $73,900 per year
• Degree requirement: High School Diploma
• Location requirements: Hybrid, Plano, United States

About the role

• Collateral Analyst I managing asset-based lending operations at Capital One. Analyzing client collateral and ensuring compliance with loan agreements while working virtually or in-office.

Responsibilities

• Analyze and monitor client’s collateral to ensure compliance with loan agreements and accurate ineligible calculations.
• Prepare collateral reconciliation, and balance deposit accounts on a daily basis. Work with clients and Underwriters to resolve discrepancies.
• Review and analyze clients accounts receivable performance, identify ineligible collateral following prescribed guidelines and reconciling client’s collateral balances.
• Prepares summaries of client’s accounts receivable.
• Review and analyze client’s inventory consignments and prepare reports on client’s inventory activity.
• Review reports and documentation submitted by clients on a daily basis.
• Prepare necessary documentation to process client’s daily payment and advance requests.
• Input data on client accounts into the bank’s loan accounting Advanced Commercial Banking System (ACBS) via ECC Schedule module for tracking and trending purposes.
• Leverage accounting systems to reconcile the loan balances to the collateral monitoring database and process transactions to manage dominion accounts.
• Ongoing process and control review for effectiveness, gaps, and ongoing enhancements and updates based on evolving business needs, product offerings, and industry trends.
• Prepare monthly/quarterly verification letters and perform regular follow up on any exceptions or non-responses.
• Collaborate with underwriters to deliver specialized support for products, specifically handling tasks like lender finance requirements and field examinations.
• Work directly with customers to discuss and resolve any discrepancies in their collateral reporting.
• Ensure collateral reporting and documentation is properly stored and maintained in alignment with document retention policies and procedures.
• Other typical duties as assigned and associated with ongoing improvement and strategic goals and initiatives.
• Ability to work effectively in a work from home environment.
• Proactive and self-motivated approach to work, willingness to take ownership of task.
• Assist in training incoming ABS Collateral Analyst team members.
• Excel expertise: Demonstrate proficiency in Microsoft Excel, including the use of advanced functions (e.g., XLOOKUP, INDEX/MATCH), pivot tables, and macros to analyze large datasets and create sophisticated reports.

Requirements

• High School Diploma, GED or equivalent certification
• At least 1 year of experience in financial services or asset based lending
• At least 1 year of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs)
• Bachelor’s Degree or Military experience (preferred)
• 2+ years of experience in financial services or asset based lending (preferred)
• 2+ years of experience with collateral monitoring software (ACBS, Solifi, ABLSoft) (preferred)
• 2+ years of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs) (preferred)

Benefits

• Comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being