Ocean Bank ยท 1 day ago
ABL Specialist
US-FL-Miami
Full-time
Onsite
Entry Level
1+ years expOcean Bank is seeking an ABL Specialist to support their Asset-Based Lending operations. The role involves monitoring customer service channels, processing funding requests, and ensuring compliance with established procedures.
BankingInsuranceVenture Capital
Responsibilities
Monitor PureCloud and the ABL customer service mailbox for funding requests and issue resolution
Conduct research and draft responses to customer inquiries
Communicate with account officers and/or customers as needed
Analyze advance requests and related documentation to determine funding eligibility
Verify collateral documentation for completeness and accuracy
Process daily advances, payments, and curtailments in accordance with approved amounts
Collaborate with management and account officers to resolve funding and payment issues
Assist with processing tax certificate line funding requests
Maintain and monitor Floor Plan Line of Credit collateral reports regularly
Support preparation of inspection reports and coordinate floorplan inspection visits
Review payments processed by team members for accuracy and ensure proper documentation
Perform administrative tasks related to all ABL product lines outside of floorplans
Audit client payments to ensure compliance with floor plan loan terms
Qualification
Required
Bachelor's Degree or equivalent in Business, Finance, or Accounting
1+ year of experience directly related to bank exposure or analytical work
Must have the capacity to handle a large volume of work and multi-task
Must be accurate and detail oriented
Must possess good analytical, organizational, interpersonal, written and verbal communication skills
Must be computer proficient in Microsoft Software including Excel, Word, and Outlook
Preferred
None
Company
Ocean Bank
Ocean Bank is independent state-chartered commercial bank.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Vanessa Lugo Anseume, CPA
SVP & Operating Chief Financial Officer
Curry Terry
EVP and Chief Operating Officer
Recent News
Morningstar.com
2025-11-01
2025-10-04
Bank Innovation
2025-09-21
Company data provided by crunchbase