Asset Based Lending Analyst

Hello there! Are you a numbers-driven, detail-oriented individual with a passion for finance? First Horizon is seeking an Asset Based Lending Analyst to join our team. In this role, you will have the opportunity to utilize your analytical skills to evaluate potential lending opportunities and assess the creditworthiness of borrowers. As an integral member of our team, you will play a crucial role in the decision-making process for providing asset-based loans to our clients. We are looking for someone who is able to thrive in a fast-paced and dynamic environment, has excellent communication skills, and is able to work collaboratively with cross-functional teams. If this sounds like you, please read on for more details about this exciting opportunity!

1. Conduct financial analysis: Perform detailed financial analysis to evaluate potential lending opportunities and determine the creditworthiness of borrowers.
2. Collaborate with cross-functional teams: Work closely with various departments, such as sales, underwriting, and credit, to gather information, share insights, and make informed decisions.
3. Evaluate risk: Assess the risk associated with potential lending opportunities and make recommendations to mitigate risks.
4. Monitor loan portfolio: Regularly review and monitor the performance of existing loans to ensure compliance with loan terms and identify any potential risks.
5. Create loan proposals: Prepare and present comprehensive loan proposals to management for approval.
6. Maintain documentation: Keep accurate and up-to-date records of all loan documents, financial statements, and other relevant information.
7. Follow regulations and policies: Adhere to all company policies and procedures, as well as state and federal regulations, to ensure compliance and mitigate any potential risks.
8. Communicate with clients: Communicate with clients to gather necessary information, answer questions, and provide updates on loan status.
9. Stay updated on industry trends: Keep up-to-date with industry trends and changes in the market to make informed lending decisions.
10. Drive efficiency and process improvement: Continuously evaluate and improve processes to increase efficiency and effectiveness in the lending process.

According to JobzMall, the average salary range for a Asset Based Lending Analyst in Memphis, TN, USA is $50,000-$80,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry the analyst is working in. Some individuals in this role may earn more or less than the average salary range.

First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee.