IDB Bank

Job Details

Job Title:Asset Based Lending Account Executive Location:New York, NY
Department Name:ABL Date Posted:9/11/2013
Job Description:

Company Information

Israel Discount Bank of New York, also known by its registered service mark, "IDB Bank", is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain's New York Business as the 14th largest commercial bank in the New York area. the Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.

Job Summary

Monitor an assigned portfolio of asset based account relationships including agented and syndicated participation shares.

Job Description:

ABL monitoring of an assigned portfolio of asset based loans which also includes transactions where Bank may be an agent or a syndicated participant. Oversee client reporting and compliance to loan agreement documentation and adherence to credit approvals. Includes preparation of credit committee renewals and line extensions/requests. Required skills include the analysis of financial statements, cash flows and asset collateral performance. Good negotiating and presentation skills are also helpful.

Must have an understanding of ABL operations and be able to review and analyze field exams. Must be able to work within a team environment and communicate effectively with management and senior officers. Strong oral and written skills are essential.

Minimum Qualifications:

Minimum of 5 plus years of ABL account handling experience. BA or BS Degree in business, accounting or finance. ABL operations and field exam experience is helpful. Working knowledge of Word and Excel. Effective written and oral communicative skills are required.


The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
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