Collateral Analyst/Junior Auditor

The Credit Junction - New York, NY (30+ days ago)


As a Collateral Analyst/Junior Auditor at TCJ, you will be responsible for:

Reviewing borrower bank statements and verifying cash deposits, receipts and payments
Performing monthly cash reconciliations
Evaluating detailed accounts receivable aging reports on a month to month basis
Creating a dilution analysis and identifying cross-aged, past due, concentration and other ineligible accounts receivable
Analyzing inventory and identifying slow-moving and obsolete material
Evaluating other collateral including purchase orders, machinery and equipment, intellectual property
Conducting on-site collateral verification and testing including by not limited to inventory test counts, invoice testing, cycle counts and other collateral testing
Communicating directly with our clients - managing multiple accounts
Requirements

We believe an ideal candidate for a Collateral Analyst/Junior Auditor position at TCJ will be a talented, high achiever who sees the value and benefit of working with lower-middle market companies. In particular, the candidate will have:

Previous collateral analysis and banking/lending experience
Excellent analytical ability including demonstrated knowledge of financial statement analysis, audit techniques and valuation principles
Knowledge of accounting principles relating to financial statement preparation
Well-developed organizational skills and capable of responding to shifting priorities on several simultaneous projects
Strong research skills
Excellent written and verbal communication skills
High level of motivation and ability to drive results
Benefits

Competitive salary and benefits, including medical, dental, vision, and 401(k)
Flexible vacation policy
Sun-filled office in convenient location near Penn Station
Positive culture built on collaboration, excellence, empathy and growth