Asset- Lending Loan Operations Specialist

The Asset-Based Lending Loan Operations Specialist will be responsible for supporting the Tech Capital Asset-Based Lending (ABL) new business and loan portfolio management. This includes coordinating required collateral support for daily advances and initial loan funding. The incumbent will also prepare ABL specific loan reports as requested. The candidate will assist the Portfolio Manager in maintaining strong documentation management and oversight of the ABL process.

Essential Duties

• Assists Relationship Manager’s with execution of the Asset Based Lending documentation requirement process.
• Leads the daily processing of loan collections and applying collections to the loan collateral base.
• Assists Relationship Manager’s with debtor searches, collateral reconciliations and processes periodic verifications consistent with ABL policies and standards.
• Attends to issues within the scope of the job as they occur or as directed by the Operations Manager.
• Assists in the daily management of ABL policies and standards.
• Assists with the preparation of regular ABL loan reporting as requested by Technology Credit Union (Tech CU) and Tech Capital.
• Sets up e-file storage for ABL loans and maintains required legal documentation.
• Generates due diligence reports including credit reports, Uniform Commercial Code (UCC) searches, and other required reports on prospective clients, current clients and account debtors, as necessary.
• Assists with credit requirements, including assisting with the timely collection of clients’ financial, collateral and other Borrower level reporting.
• Assists Relationship Manager’s with periodic receipt of required reporting for insurance, UCC filings, suits, liens and judgements and other required reports.
• Assists with prospective and existing client audit schedule and associated documentation requirements.

Work Schedule

• Full-time; typically, 40 hours/week.
• 6:30am – 3:30pm, Pacific time, M-F.
• Occasional overtime, extended early morning or late evening hours, and weekends; typically with advance notice.

Workplace Essentials

• Supports Tech CU’s Mission and Vision and consistently demonstrates Tech CU’s Values (Accelerate, Collaborate, Innovate, & Cultivate).
• Meets with manager on a regular basis to discuss goal alignment, performance metrics, and development plans.
• Complies with Tech CU policies and procedures.
• Upholds employee Code of Conduct and Business Ethics and ensures confidentiality of the workplace.
• Complies with requirements imposed by federal, state and local regulatory agencies.
• Adheres to internal control and security measures designed to ensure regulatory compliance and mitigate losses and errors.

Education: BA/BS degree in a business or STEM discipline, or equivalent work experience.

Experience: 3+ years’ experience in related disciplines, including loan processing and documentation.

Knowledge/Skills/Abilities:

• Strong analytical and problem resolution skills.
• Solid understanding of loan documentation and operational needs.
• Strong organization, verbal and written communication skills.
• Awareness of loan processing rules, regulations, policies and procedures.
• Effective interpersonal skills.
• Ability to navigate multiple software applications; MS suite of applications, financial spreading tools.
• Ability to participate, sustain performance, and thrive on a high-energy team.

Licensing/

Certifications:

None required.

Travel: May be required to travel periodically to Tech CU locations and to client business sites. May be required to periodically attend offsite training, meetings or events, typically with advance notice. Overnight travel unlikely.

Typical

Working Conditions:

Office environment with interaction with a variety of internal and external parties. May…