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Sr. Collateral Analyst
Bank of the West
Los Angeles, CA, United States
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Description
What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Job Description Summary
Responsible for managing and monitoring portfolio of lines of credit and loans secured by accounts receivable or inventory assets. Accounts are generally of moderate to high complexity.
Essential Job Functions
• Responsible for daily administration of accounts receivable and inventory lines of credit. Advances credit and evaluates collateral, financial condition, and trends.
• Documents all loans to ensure perfection of the bank’s security interest in compliance with regulatory, legal and bank requirements.
• Negotiates terms and conditions of loan with applicants.
• Reviews credit checks and understands the small business scoring system.
• Reviews and carefully evaluates all receivables and inventory being assigned as collateral for credit advances, etc.
• Analyzes pertinent financial and credit data and recommends loan for approval or rejection.
• Has extensive contact with business customers and line account officers in managing and monitoring assigned portfolio.
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Qualifications
Required Experience
• Requires advanced knowledge of job area typically obtained through advanced education combined with experience.
• May have practical knowledge of project management.
• Requires 5 years minimum prior relevant experience.
Education
• Bachelor's Degree
Skills
• Analytical and research.
• Bank product and service knowledge.
• Compose letters/memos.
• Coordinate meetings.
• Perform math and analysis.
• Research information.
• Use personal computer.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.