Job Description Summary

Analyze credit proposals and customer characteristics to determine credit worthiness and appropriate terms for approval in accordance with policies and risk appetite.

Summary of the Position:

The Senior Collateral Analyst assists the Collateral Monitoring Group Manager in overseeing the completion and review of daily collateral monitoring reports and responsibilities while also contributing to the group’s strategy and development. In addition to these responsibilities, the Senior Collateral Analyst plays an integral role in developing new and less experienced analysts through mentorship and training.

Primary Functions of the Position:

• Assists the group manager in driving key strategy initiatives and group enhancements
• Oversees the cure management for loans that are later in the cure timeframe (Day 3+)
• Ensures the timely completion and distribution of reporting, including daily reports and QPR Documentation
• Trains and develops new and less experienced Collateral Analysts
• Reviews and updates procedures as process(es) change
• Evaluates and approves collateral releases (Tier 2 Authority) and funding requests
• Develops key risk indicator reports to mitigate various market and operational risks
• Provides executive and senior management, including Senior Loan Committee, with weekly and ad-hoc market-driven updates
• Conducts testing for new system developments prior to pushing the developments into a production environment

Education and Experience Requirements:

• Bachelor’s Degree in related field, or equivalent years of experience
• 3-5 years of banking or securities experience including previous experience in collateral analysis, credit or related function
• Experience with Life Insurance Policies is preferred
• Experience with marketable securities, collateralized or asset-based lending

Essential Skills and Abilities:

• Demonstrated knowledge of accounting principles, collateral evaluation methods and general knowledge of underwriting
• Proficient in MS Office (specifically Excel, PowerPoint and Word)
• Organized with strong attention to detail
• Professional interpersonal and communication skills
• Demonstrated ability to assist in the analysis of problem accounts
• Demonstrated strong analytical and project management competencies

Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: FinanceGeneral Experience - 3 to 6 yearsCertified Anti-Money Laundering Specialist (ACAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)

Travel

Workstyle

Resident

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.