Senior Collateral Analyst

Description

The Commercial Field Exam team supports the underwriting of facilities to New/Existing borrowers, Renewals, Annual Reviews, and Special Requests. The Senior Collateral Analyst will participate in on-site evaluation of an existing or prospective borrower’s books, records, and operations to ensure compliance with bank lending policies and procedures, assessing collateral adequacy and quality, by detecting changes in trends and identifying risks. The Senior Collateral Analyst will assist in preparing a detailed report of significant exam findings for distribution to the bank. The ideal candidate will be an analytical problem solver who demonstrates excellent oral and written communication skills along with the capacity to work independently and with internal/external stakeholders. 

Primary responsibilities include:

• Performs in-depth analysis of overall financial condition of various companies/industries; identifying credit risks, trends, and deteriorating situations.
• Plays a key role in verifying both collateral value and existence with the primary focus accounts receivable and inventory.
• Effectively evaluates internal reporting systems and collateral reporting submitted to the Bank.
• Prepares a comprehensive and concise written report, inclusive of an Executive Summary, highlighting key examination issues, risks and recommendations (actions related to current and future monitoring of the credit such as appropriate formula advance rates and reserves).

Qualifications:

• 2-3 years’ experience in Finance, Accounting, Audit, or Analytics.
• Excellent analytical, written, and verbal communication skills.
• Ability to interact with all levels of management internally and externally.
• Ability to identify and solve problems.
• Good interpersonal skills.
• Attention to detail.
• Ability to make sound recommendations.
• Self-motivated, well-organized individual.
• Technologically Proficient in Data Analysis, Microsoft Excel, Word, PowerPoint and Outlook.
• Knowledge of analytical software a plus.
• Familiarity commercial lending a plus.
• Flexibility to travel locally and overnight up to 50%.

Education:

• BS in Accounting, Finance, Economics, Data Analytics, Business, or a related field.
• MBA, CPA, or CFE is a plus.

Hours & Work Schedule: Hybrid in the office 1-2 days (Johnston, RI or Westwood, MA) when not traveling. Flexibility to travel locally and overnight up to 50%.

• Hours per Week: 40
• Work Schedule: Monday-Friday

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Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.