ABL Collateral Risk Management

Overview

Ocean Bank is seeking an ABL Collateral Risk Management for the Asset Based Lending Department. This role leads complex internal and outsourced field examinations, assesses collateral quality and borrowing-base integrity, and helps identify emerging risks across the portfolio. Partners with clients, internal stakeholders, and third-party examination providers; communicates meaningful findings and recommendations; guides field examiners; and helps strengthen the Bank’s collateral-risk framework through consistent oversight, quality control, and continuous improvement.
Responsibilities

- Lead and oversee internal and outsourced ABL field examinations across the portfolio, including complex, high-risk, pre-funding, initial, and escalated reviews.

- Coordinate examination schedules with clients, internal stakeholders, and third-party providers to support timely and efficient completion.

- Direct the preparation, review, and quality control of workpapers and reports, ensuring collateral exceptions, ineligibles, reserves, and borrowing-base impacts are accurately supported and documented.

- Prepare and review comprehensive examination reports that clearly communicate collateral quality, identified risks, borrowing-base implications, and well-supported recommendations.

- Evaluate third-party examination scope, testing quality, findings, and required follow-up actions using independent judgment.

- Communicate significant findings, collateral exceptions, borrowing-base impacts, and emerging risks to key stakeholders to support informed credit decisions and risk mitigation.

- Maintain productive relationships with third-party providers and promote consistent ABL methodology, collateral-testing standards, and reporting expectations.

- Develop and enhance audit programs, templates, workpapers, reporting tools, sampling methodologies, and collateral-testing procedures.

- Provide training, technical guidance, and review support to field examiners.

- Review collateral documentation, security agreements, UCC filings, liens, and control agreements; identify and monitor documentation or perfection exceptions.

- Oversee collateral monitoring activities, including insurance coverage, appraisals, lien continuations, collateral releases, loan payoff, account closure, record retention, and file-closing requirements.

- Oversee the ABL field examination budget and review, track, and reconcile examination invoices against approved scope and budget.

- Lead or support enhanced collateral reviews and due diligence for higher-risk borrowers or transactions requiring director-level loan committee approval.

- Maintain and reconcile the ABL watchlist and monitor borrower information, requirements, and risk indicators.

- Evaluate industries, business operations, performance drivers, and economic, regulatory, and technical developments that may affect collateral quality and the Bank’s risk position.

Qualifications
Education/Experience:
Requirements
- Bachelor’s degree or equivalent in a related field of study such as Accounting, Business, or Finance.
- 6+ years of experience as an ABL Field Examiner or auditor at a public accounting firm
- Audit experience in a wide range of client industries and collateral field examination programs.

Combination of education and experience will be considered.

Soft Skills
- Strong background and experience with audit methodologies and techniques.
- Excellent written and verbal skills.
- Strong time management and organizational skills.
- Must possess strong credit skills, be knowledgeable of credit policies and have working knowledge of credit and financial analysis.
- Must possess strong analytical, organizational, interpersonal, written, and verbal communication skills.
- Must possess the ability to work both autonomously and in a team environment.
- Must be computer proficient in Microsoft Software including Excel, Word, and Outlook.

Preferred Experience
- None

Licenses/Certifications
- None

Job Posting Locations
In this role you can work remote from Miami, Florida, United States
Originally posted on Himalayas