Ocean Bank
ABL Operations Manager (Finance)
Location US-FL-Miami
ID 2024-2235
Category Credit
Position Classification Hybrid
Overview
The Asset Based Lending Operations Manager is primarily responsible for monitoring of the Asset Based Lending (ABL) portfolio which includes traditional ABL line of credit, equipment leasing, purchase orders, premium financing, floor plan lines of credit, tax certificates and mortgage warehousing lines of credit. Ensures that all follow established policies and procedures and adhere to contractual agreements with the Bank.
Responsibilities
This position is responsible for all monitoring efforts to assess the value, condition, and integrity of collateral assets that secure ABL loans. Reviews and approves ongoing clients' line of credit funding and payment requests in coordination with the ABL/Factoring Manager. Performs ongoing monitoring of customers' accounts and Bank relationship to determine any potential fraud related activity or non-compliance with the loan agreement.
Qualifications
Job Posting Locations
In this role you can work hybrid from Miami, Florida, United States
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