Sr. ABL Collateral Analyst

Valley National Bank
United States, Illinois, Chicago
Nov 10, 2026
Responsibilities include but are not limited to:: Manage the collateral monitoring requirements of more difficult and complex ABL accounts with little guidance from management. Lead the onboarding process of new ABL accounts including booking in ABLSoft and training clients on ABLSoft, the advance request process, and collateral reporting requirements. Lead the review and analysis of loan collateral, including borrowing base certificates, A/R aging's, inventory reports, and appraisals. Process advance requests, validate there is sufficient availability, and obtain all required advance approvals. Evaluate the value of assets and determine their loan eligibility with a high degree of accuracy. Verify borrowers' incoming cash receipts and records information into loan monitoring system. Communicate with borrowers and portfolio managers to resolve any collateral issues and provide guidance on best practices. Prepare detailed reports on loan collateral and present findings to senior management and stakeholders and processes and reviews month-end closing system. Complete and review collateral analysis, identify all issues and determine appropriate course of action to address and resolve reconciliation matters and other reporting issues. Performs full validation and reconciliation of borrower-reported borrowing base collateral to ensure that the borrowing base availability is accurate and in conformance with the credit agreement. Analyzes ineligibles and reserves as well as makes recommendations for changes based on thorough collateral analysis. Conducts daily reconciliations of loan balances, advances, and cash collections between the bank's core loan system and ABLSoft. Recommends system enhancements to ABLSoft and conducts user acceptance testing of system upgrades. Seeks to proactively understand the client to spot early warning signs of increased risk. Provides mentoring and training to new hires and more junior Collateral Analysts, sharing knowledge and experience. Perform all other job duties as deemed necessary by supervisor.