Sr. Operations Collateral Specialist

CIBC

Chicago, IL, United States
$70,000 - $85,000; incentive compensation plan may...
Fully remote
Abl collateral monitoring system
Borrowing base certificates
Validate and reconcile documentation
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 responsibilities include monitoring and inputting borrowing base certificates, validating and reconciling them to supporting documentation, and identifying collateral trends and risks.
  • CIBC offers a competitive total rewards package including salary, incentive pay, banking benefits, a benefits program, vacation offering, wellbeing support, and MomentMakers recognition program.

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

$70,000 - $85,000; Incentive compensation plan may include discretionary bonus; Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, Paid Time Off, Holidays, 401(k)

Skills & Requirements

Must-have

  • ABL collateral monitoring system
  • Borrowing base certificates
  • Validate and reconcile documentation
  • Track borrowing availability
  • Process loan advance requests
  • Financial industry knowledge

Nice-to-have

  • Relationship-oriented bank
  • Empowered at work
  • Meaningful impact
  • Team player
  • Well-developed presentation skills

Key Requirements

  • 5+ years Banking/Financial experience
  • Strong analytical skills
  • Experience with borrower base certificates
  • Experience with secured loans
  • Experience with A/R aging's, sales journals, credit memo journals, cash receipt journals, and inventory reports
  • Working knowledge of operational and credit risk policies
  • Strong PC skills (PowerPoint, Excel, Word, Outlook, Access)

Work Rights

Not specified

Tailored Resume

Cover Letter