ABL Collateral Monitoring Manager

Rockland Trust is  seeking an experienced ABL Collateral Monitoring Manager to lead collateral oversight for a dynamic asset-based lending portfolio while serving as a trusted risk partner to Credit, Relationship Management, and Operations..

The ABL Collateral Monitoring Manager  is responsible for overseeing collateral monitoring activities for asset-based lending (ABL) relationships, ensuring collateral integrity, borrowing base compliance, and adherence to credit policy and regulatory standards.

This role leads a team of collateral analysts and partners closely with Relationship Managers, Credit, and Operations, and serves as a subject matter expert on collateral-related risk. 

Key Responsibilities

Collateral Oversight & Risk Management


* Manage ongoing collateral monitoring for ABL portfolios, including receivables, inventory, equipment, and other eligible assets.


* Review and approve borrowing base certificates, collateral reports, and ineligibility calculations.


* Identify collateral trends, risks, and exceptions; escalate issues and recommend risk mitigation strategies.


* Ensure compliance with credit agreements, loan covenants, and internal policies.

Team Leadership & Development


* Lead, coach, and develop collateral analysts and senior analysts.


* Assign workloads, review analyst work, and ensure timely and accurate monitoring deliverables.


* Provide training on collateral analysis, borrowing base structures, and best practices.

Audit, Field Exams & Reporting


* Coordinate and review field exam results and third-party collateral audits.


* Track and resolve exam findings and follow-up items.


* Prepare portfolio-level collateral reporting for senior management and credit committees.

Cross-Functional Collaboration


* Partner with Relationship Managers and Credit Officers to support new deal underwriting, renewals, and amendments.


* Provide collateral expertise for complex transactions and stressed credits.


* Communicate clearly with internal stakeholders regarding collateral performance and concerns.

Process Improvement & Governance


* Enhance collateral monitoring processes, controls, and documentation standards.


* Support regulatory exams, internal audits, and policy updates.


* Ensure consistent application of eligibility standards and advance rates across the portfolio.       

Qualifications

Education & Experience


* Bachelor’s degree in Finance, Accounting, Business, or a related field.


* 7+ years of experience in asset-based lending, collateral monitoring, or commercial credit.


* Prior management or senior-level oversight experience preferred.

Technical & Professional Skills


* Strong knowledge of ABL structures, borrowing bases, and collateral eligibility.


* Experience analyzing A/R agings, inventory reports, and field exam findings.


* Familiarity with loan systems and collateral monitoring platforms.


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