AVP – ABL Operations Lead

This is a fully remote position, open to applicants in California.

📋 Description

• Manage the daily administration of borrowing base facilities and oversee collateral monitoring processes.

• Evaluate and validate borrowing base certificates, availability calculations, and related collateral reports.

• Supervise advance requests, repayments, cash dominion activities, and ensure compliance with reporting requirements.

• Maintain ABL systems, operational controls, procedures, and related reporting obligations.

• Create and refine operational workflows and best practices for the expanding ABL platform.

• Track borrower performance, collateral trends, covenant adherence, and overall credit quality.

• Lead the preparation and approval of annual reviews, renewals, amendments, and portfolio evaluations.

• Review field examinations, appraisals, collateral audits, and other third-party reports.

• Identify and escalate potential credit risks and portfolio issues.

• Assist in the underwriting of new ABL transactions and credit applications.

• Analyze financial statements, collateral performance, industry trends, and borrower operating patterns.

• Help structure credit facilities, set advance rates, reserves, and monitoring requirements.

• Support due diligence, closing, and onboarding processes.

• Contribute to the development of ABL policies, procedures, training materials, and technology implementation initiatives.

• Act as a subject matter expert in collateral administration and operational controls.

• Aid in mentoring and training team members as the platform grows.

⛳️ Requirements

• A bachelor's degree in Finance, Accounting, Business, or a related field is required.

• Over 5 years of experience in asset-based lending, collateral administration, portfolio management, underwriting, or related commercial lending fields.

• Solid understanding of borrowing base lending structures, collateral evaluation, and portfolio oversight.

• Experience with ABL technology platforms and reporting systems.

• Strong analytical, organizational, communication, and problem-solving abilities.

• Proficient in the Microsoft Suite and capable of learning and working with other Customers Bank applications.

• Familiar with AI and automation tools that enhance productivity, workflow efficiency, and client engagement.

• Must possess legal eligibility to work in the United States without sponsorship, either now or in the future.

🏝️ Benefits

• Personal development plans.

• Reasonable accommodations for qualified individuals with disabilities.

• Equal opportunity employment.

• A culture focused on diversity, equity, and inclusion.