OverviewOcean 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.
QualificationsEducation/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 ExperienceLicenses/CertificationsJob Posting LocationsIn this role you can work remote from Miami, Florida, United States
