Collateral Analyst I - Asset Based Lending

Collateral Analyst I - Asset Based Lending

Are you looking for a challenging role that includes the convenience of working virtually at home? Then a Capital One Commercial Ops role may be the role for you! You must be within 50 miles driving distance from our Capital One hub location in Plano, TX or Charlotte, NC.

Capital One Commercial Core Operations (CCO) is looking for an experienced candidate to support the growing Commercial Lending Operations Shared Services Team. This position supports agent syndicated and bilateral loans within Corporate Banking, so solid product knowledge is a must. The role includes analytical components related to various loan accruals, manual calculations with ongoing reconciliation and remediation. Strong communication skills and product knowledge are critical to success, as well as working collaboratively with stakeholders to help facilitate ongoing change management. We are looking for an Asset Based Lending Operations professional to join a team of collateral analysts supporting the day to day operations of a diverse mix of commercial lending customers and loan types. The team's core responsibility is centered around analyzing and monitoring client's collateral to ensure the validity of assigned collateral in accordance with their loan agreement. The team provides support throughout the life cycle of ABL lending, including providing feedback to support credit agreement negotiations, day to day collateral monitoring and ineligible calculations, through to payoff validations.

Responsibilities :

Analyze and monitor client's collateral to ensure compliance with loan agreements and accurate ineligible calculations.

Prepare collateral reconciliation, and balance deposit accounts on a daily basis. Work with clients and Underwriters to resolve discrepancies.

Review and analyze clients accounts receivable performance, identify ineligible collateral following prescribed guidelines and reconciling client's collateral balances.

Prepares summaries of client's accounts receivable.

Review and analyze client's inventory consignments and prepare reports on client's inventory activity.

Review reports and documentation submitted by clients on a daily basis.

Prepare necessary documentation to process client's daily payment and advance requests.

Input data on client accounts into the bank's loan accounting Advanced Commercial Banking System (ACBS) via ECC Schedule module for tracking and trending purposes.

Leverage accounting systems to reconcile the loan balances to the collateral monitoring database and process transactions to manage dominion accounts.

Ongoing process and control review for effectiveness, gaps, and ongoing enhancements and updates based on evolving business needs, product offerings, and industry trends.

Prepare monthly / quarterly verification letters and perform regular follow up on any exceptions or non-responses.

Collaborate with underwriters to deliver specialized support for products, specifically handling tasks like lender finance requirements and field examinations.

Work directly with customers to discuss and resolve any discrepancies in their collateral reporting.

Ensure collateral reporting and documentation is properly stored and maintained in alignment with document retention policies and procedures.

Other typical duties as assigned and associated with ongoing improvement and strategic goals.

Ability to work effectively in a work from home environment.

Proactive and self-motivated approach to work, willingness to take ownership of task.

Assist in training incoming ABS Collateral Analyst team members.

Excel expertise : Demonstrate proficiency in Microsoft Excel, including the use of advanced functions (e.g., XLOOKUP, INDEX / MATCH), pivot tables, and macros to analyze large datasets and create sophisticated reports.

Experience in financial services (Field Examiner, ABL Servicing, Collateral Analyst, etc.)

Strong analytical and problem solving skills.

Excellent written and verbal communication skills.

Other duties as assigned.

Work from Home Technology Requirements :

• A secure home office environment that is free from background noise and distractions
• A reliable private internet connection that is not supplied via cellular data or hotspot
• A private network that is password protected where you have ownership or line of sight to every device on the network
• Internet service must be provided by Cable or fiber Internet Service Provides (ISP)
• Hotspots and satellite services are prohibited and do not meet performance criteria required for optimal agent / customer interactions
• ISP download speeds on VPN must be at least 5Mbps, with 10+ Mbps preferred
• To validate ISP speeds from a Chrome browser, go to www.google.com, type Speed Test and run from the Google landing page
• Both Hardwire and WiFi internet connections are acceptable as long as speed and security requirements are met

Capital One reserves the right to request proof of internet provider, speed and service package from the associate. Requirements are subject to change, as new systems and technology are delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice. Internet Service Provider specs can change by provider and location within the US. If you are experiencing consistent issues with internet stability Capital One reserves the right to ask the agent to upgrade internet service to ensure a good customer experience.

Work from Home Living Requirements :

Basic Qualifications :

Preferred Qualifications :

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Charlotte, NC : $64,700 - $73,900 for ABS Collateral Analyst I

Plano, TX : $64,700 - $73,900 for ABS Collateral Analyst I

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and / or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days. No agencies please. Capital One is an equal opportunity employer (EOE, including disability / vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@