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Collateral Analyst Senior- Marquette Business Credit at UMB Financial Corporation

Posted in Science 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Kansas City, Missouri





Job Description:

Title: Collateral Analyst Senior- Marquette Business Credit

Duties and Responsibilities


  • This position verifies the collateral that secures MBC's loans through effective credit control and monitoring of collateral performance within a portfolio of clients. It is also the primary customer contact for all matters relating to loan operations.

  • Input collateral information into the system and the analysis of such information.

  • Monitor the more complex and challenging portfolio accounts while also assisting/training the other collateral analyst(s) with their daily monitoring and operational activities.

  • Monitor collateral on accounts receivable and/or inventory loans.

  • Analyze collateral and loan reporting to identify inconsistencies or unusual trends.

  • Assist loan officers and managers in resolution of all client issues.

  • Verify signatures on the customer's borrowing base certificate.

  • Reconcile borrowing base certificates daily, weekly, and/or monthly depending on client's needs.

  • Reconcile any non-cash reductions and changes in ineligibles and bringing unusual or large changes to the attention of the loan officer.

  • Note any changes on the Borrowing Base Certificate and reconcile the Borrowing Base Certificate to the loan system, advise the borrower of any errors.

  • Reconcile and analyze month end reporting and data entry into the loan systems.

  • Post collateral information from the customer reports to the loan system.

  • Prepare advance requests and, after determining availability, processing requests in accordance with approval policies.

  • Ensure debtor notifications and verifications are performed in line with MBC requirements.

  • Seek to proactively understand the client in order to spot early warning increased risk signals.

  • Ensure compliance to all credit policies and maintain accuracy in operational procedures.

  • Communicate with Loan Officers and Collateral Analyst Supervisor on a frequent basis to resolve any collateral issues.

  • Visit clients to assist them in proper reporting procedures, as needed.

  • Other duties as assigned.

Minimum Requirements


  • High School Diploma or GED equivalent

  • 3+ years Asset Based Lending (ABL) collateral work experience

Preferred Requirements

  • Associates or Undergraduate degree experience with focus on business or financial services industry or equivalent

Minimum Knowledge and Skills


  • Demonstrates ability to make decisions and manage day-to-day issues and determine solutions that affect both company-wide asset security and client loan viability

  • Demonstrates excellent communication skills, both verbal and written

  • Demonstrates strong, professional interpersonal skills to interact professionally and effectively with executives, clients and employees

  • Demonstrates ability to independently organize, prioritize multiple tasks, track and meet deadlines

  • Demonstrates proficiency in Microsoft Outlook, Word, and Excel

  • Demonstrates strong attention to detail and work quality

  • Demonstrates ability to be dependable and accountable in all areas of responsibility

  • Demonstrates ability to work in a fast-paced, highly stressful environment

  • Demonstrates ability to maintain strict confidentiality at all times