Job Description

About the Role:

Responsible for managing the overall monitoring and servicing of asset-based loans, including the collateral monitoring of more complex or special significance asset-based loans in accordance with the applicable policies and guidelines. Keep apprised of industry related, political and regulatory issues to determine the impact on specific industries and clients. Works closely with the ABL Operations Team on collateral management and daily workflow. The monitoring process also involves collaborations with the Lending Unit and Credit Administrators on loan structuring, underwriting, documentation, and closing of prospect/existing borrower account.

• Responsible for a designated portfolio of the more complex and higher risk ABL clients, performing both quantitative and qualitative analysis of various assigned collateral categories.
• Provide collateral risk recommendations with emphasis on collateral coverage through close monitoring of accounts. Support and collaborate with the lending units including prospect pre-screening, existing credit renewal, client visits, loan structuring, documentation review, pre-funding requirements and loan workouts.
• Develop and maintain a solid working relationship with the lenders and credit approvers to ensure timely workflow on credit requests.
• Independently helps determine appropriate borrowing base structure and underwrites changes to structure as risk dictates.
• Coordinate and determine the scope of field examination and appraisal.
• Ensures that vendor contracts are in place, engagements are monitored, and quality of work performed by independent contractors meets service requirements.
• Responsible for the overall identification and reporting of ABL loan violations, and potential concerns on collateral and financial performance on a regular basis.
• May approve/disapprove loan advances and paydowns.
• Makes decisions on complexity of loan to determine distribution and special handling requirements. May direct the work of other associates within ABLD.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice”
• May perform other duties as assigned.

About You:

Education
Experience

• 7-10 years — of field examiner or ABL risk management, managing a complex Asset Based Lending portfolio including loan workout, liquidations and/or other directly related experience. (Required)

Skills

• Employ expert knowledge as a specialist of Asset Based Lending relating to credit analysis, collateral processes and procedures.
• Extensive knowledge of financial statement analysis.
• Expert knowledge of asset-based collateral exams; understanding the importance of collateral exam and appraisal as tools for monitoring credit risk.
• Advanced analysis and mathematical aptitude skills.
• Excellent negotiation and communication skills, both verbal and written.
• Proven experience with reviewing and directing the work of others.
• Strong organizational, accountability and adaptability skills.
• Excellent customer relations and leadership skills.
• Expert knowledge of Asset Based Lending policies, procedures, practices and documentation and the ability to apply ABL principles, theories, concepts, and techniques.
• Strong working knowledge of Word, Excel, and other ABL software applications.

Travel Requirements

• Occasional

The pay range for this role is $145,000 to $180,000.

The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Primary Location: Ability to work fully onsite at posted location(s).

700 N Central Avenue Suite 150 Glendale CA 91203

Our Benefits:

We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: careers@columbiabank.com

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.