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Collateral Analyst
Zions Bancorporation
Los Angeles, CA, United States
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Description
CB & T-a division of Zions Bancorporation is one of the nation’s premier financial services companies, consisting of a collection of great banks with combined total assets exceeding $55 billion. Zions’ subsidiary ZB, N.A. operates banking divisions under local management teams and community identities in 11 states.
We are currently seeking a Collateral Analyst to join our LA, Hope Street office to be part of our team.
We want to talk to you!
• Performs a variety of operational services to support the Asset Based Lending function.
• Reviews, analyzes and determines the legitimacy and accuracy of customer's data.
• Obtains additional information from customers and other banking departments on incomplete or unusual terms through telephone or written communications.
• Reviews loan documentation, establishes and maintains customer accounts in an Asset Based Lending Software System.
• Compares and records Financial Statement elements to the monthly/quarterly data received from the borrower.
• Works with various software applications and provides written trend analysis comments.
• Researches and resolves inquires and operational issues.
• Processes accounts receivable and inventory collateral transactions, including loan payments and advances.
• Maintains collateral and determines collateral eligibility for advances. Reviews accounts to help detect potential fraudulent activity.
• Reconciles Demand Deposit Accounts to the collections reported by the borrower.
• Performs other duties and special projects as assigned.
Qualifications
• Requires a Bachelors degree in finance or a related field and 4+ years experience analyzing accounts receivable and inventory collateral, loan documentation, asset based lending functions or other directly related experience.
• Experience with an Asset Based Software System preferred. A combination of education and experience may meet requirements.
• Advanced working knowledge of bank operations, loan documentation and basic accounting processes and procedures.
• Broad application of asset based lending procedures, practices and systems.
• Advanced written and interpersonal communication skills along with Microsoft Word.
• Ability to examine and reconcile data to resolve issues.
• Advanced level mathematical skills including multi-step calculations using Microsoft Excel.
• Strong attention to detail and analytical skills.
• Strong customer service skills; ability to deal with internal and external customers.
• Good organizational and multi-tasking skills with the ability to work in a fast paced environment.
What’s in it for you?
• Competitive base salary.
• Annual bonus based on your performance.
• Profit sharing after one year of service.
• Backing of one of the most successful community focused banks in the western U. S