This is an entry level position for the NCF ABL portfolio.  The ABL AM will work closely with the VP Operations as well as the ABL Account Executive to oversee all portfolio management and collateral control aspects associated with a portfolio of revolving asset based and technology channel finance loans.  Involves frequent interaction with borrowers, field examiners, credit and underwriting personnel and legal teams.  The ABL AM will also be involved in underwriting loan modifications, covenant waivers and revisions as well as annual reviews of assigned accounts.

Essential Duties and Responsibilities include the following.  Other duties may be assigned.

  • Customer Service – Provide prompt, professional and proficient assistance to borrower customers. Includes, but not limited to, reviewing borrowing base certificates and all back up material for accuracy and completeness.  Reviews and provides approval for all borrower cash advances, works with outside cash management systems to verify and apply cash applications to borrower outstanding balances.  Works with borrower to ensure that NCF loan is collateralized appropriately.  Provides entries to accurately account for loan and collateral balances within the ABL portfolio management system.
  • Risk Mitigation – responsible for the in-depth analysis of borrower collateral levels and trends. Interprets borrower financial statements and financial reporting packages with covenant compliance certificates.  Composes, interprets and leads discussion on borrower trend cards.  Ensures that TECH channel finance SPP payments are collected as scheduled.
  • Pending Orders and Advances – Monitor pending TECH channel finance orders and ensure they are processed timely and appropriately. Ensures that borrower ABL advances are completed within required timeframes for borrower cash management purposes.
  • Interprets and may occasionally participate in on-site borrower field exams, focusing on potential risk aspects and corrective actions, some overnight travel may be required.
  • Administrative Duties – Will become proficient in borrower loan documentation, financial and collateral reporting. Works frequently with legal teams to ensure all affirmative and negative covenants are in compliance.  Participate in annual credit reviews, processes approval memorandums to modify existing loan terms or conditions.  Special projects as assigned.

Qualifications:  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.