NY0705 NY Region Business Office
The Borrowing Base Analyst is responsible for the review and analysis of borrowing base documentation for accuracy and completeness to calculate collateral activity.
Essential Functions
• Analyze Borrowing Base Certificates (BBC) and supporting documentation, including identification and analysis of trends to ensure compliance with the Loan and Security Agreement
• Complete conformity chart trends on a monthly basis for all customers in the portfolio. Identify, analyze, and report conformity chart trends to lending and the credit team. Escalate and communicate issues regarding overadvances and reporting variances in regards to ineligible calculations
• Recalculate ineligibles to ensure the clients reported BBC is accurate and collateral availability is set properly in the loan system. Ensure overadvances, past due reports, material miscalculations on the BBC are escalated and communicated to the lending and credit team
• Recommend proper borrowing base loan structure, including appropriate advance rates and ineligibles
• Report availability to loan operations to update loan system
• Assist credit teams in reviewing borrowing base parameters in approvals and creation of BBC that is used for reporting by the customer. Review accuracy of borrowing base ineligibles and advance rates in loan agreement to match current BBC template
• Provide excellent customer service to both internal and external customers. Develop and maintain a professional working relationship with clients, lenders, and credit teams.
• Keep portfolio organized and up to date. Keep abreast on borrowing base line of credit renewals and modifications to ensure BBC templates and conformity charts have been updated
• Review field exam findings to ensure any BBC issues have been addressed
• Follow borrowing base operational procedures, update systems, maintain records, and ensure internal controls are maintained
• Assist lenders with borrowing base by participating in joint calls with customers as needed
• Review loan agreement and alignment with loan approval conditions prior to issuance to customers
• Ensure Northwest’s Credit Risk Policy is followed and report any adverse credit-related trends to upper management
Preferred Education and Work Experience
• Bachelor's Degree in Accounting or Finance
• 3-5 years experience as a borrowing base collateral analyst, field examiner, commercial lender, portfolio manager, or credit analyst
The pay range for this position is generally $30.00 - $36.25 per hour. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional benefits are also available.
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
For more than 125 years, Northwest Bank has been committed to bettering the lives of our employees, our customers and the communities we serve.
Today, we are proudly known for the award-winning customer service we offer at locations throughout Pennsylvania, New York, Indiana and Ohio.
So no matter where you are on your financial journey, Northwest Bank is here— for what’s next.
Northwest Bank
Member FDIC
Equal Housing Lender
Northwest is an Equal Employment Opportunity (EEO) employer. It is against Northwest’s policy for any employee to discriminate against an applicant for employment on the basis of race, color, and religious creed, sex (including pregnancy), age, marital status, sexual orientation, gender identity, national origin, disability, veteran status, or any other classification protected by applicable discrimination laws. Our selection process is based strictly on job-related criteria. The Company will make reasonable accommodations in appropriate cases for qualified individuals with disabilities, if it can do so without undue hardship. As a Northwest professional, you will be expected to abide by our commitment to equal employment.
People make the difference at Northwest, and we strive to implement the necessary tools and resources for all employees to perform to the best of their abilities.
