The Senior Operations Collateral Specialist is responsible for monitoring and servicing a portfolio of clients while ensuring the successful delivery of a high standard of service
Job Summary
The Senior Operations Collateral Specialist is responsible for monitoring and servicing a portfolio of clients while ensuring the successful delivery of a high standard of service.
Key duties include validating borrowing base certificates against supporting documentation such as A/R aging's, sales journals, and inventory reports.
CIBC offers a competitive total rewards package including medical, dental, vision, life insurance, disability, and a discretionary bonus component.
Matching Summary
The Senior Operations Collateral Specialist is responsible for monitoring and servicing a portfolio of clients while ensuring the successful delivery of a high standard of service.
Salary
Base: $70,000 - $85,000; Bonus/Equity: Eligible for incentive compensation plan with discretionary bonus; Benefits: Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, Paid Time Off, 401(k)
Skills & Requirements
Must-have
5+ years banking financial experience
Asset Based Lending ABL portfolio management
Borrowing base certificate validation
A/R aging sales journal analysis
Inventory report reconciliation
Credit line limit calculations
Nice-to-have
Strong problem solving decision making ability
Influencing skills to resolve issues
Team player with relationship building skills
Ability to learn new proprietary systems
Presentation interactive skills for stakeholders
Key Requirements
Minimum 5+ years Banking/Financial experience
Working knowledge of operational and credit risk policies
Legal eligibility to work in specified location
Work Rights
Must be legally eligible to work at the location(s) specified