Senior Analyst, Field Examiner - Asset Based Lending (ABL) Audit

Gordon Brothers is a global organization offering customized solutions for our clients across the service areas of valuations, dispositions, financing, and investment. Headquartered in Boston, MA, we operate with more than 450 employees in over 30 offices across five continents. We are a high-performing inclusive and diverse culture that fosters creativity, honesty, respect, and transparency while encouraging accountability and innovation. We pride ourselves on the skill, talent, and character of our people, and are always looking for bright, driven professionals to join our team.

Durkin Group, a Gordon Brothers company, is a professional services firm providing financial due diligence, field examination, accounting, and auditing to lenders, investors and middle market companies. The company’s mission is to provide superior, cost-effective, value-added services to clients through a highly skilled team focused on innovative delivery of our services.

Job Summary

The Field Examiner is a key member of the collateral examination team and will participate in the execution of asset-based (ABL) field examinations.

You will be responsible for basic analytic and auditing tasks, documenting and evaluating controls and implementing test work. Candidates should have experience working on all aspects of a field exam in a variety of industries and have experience leading an exam. Strong analytical skills, verbal and written communication skills and Excel/data mining skills are important for success in this role. The examiner will lead field work, interact with the borrower and the financial institution credit team and Durkin Managers.

Job Responsibilities / Essential Job Functions

• Performs on-site engagements consisting of field examinations of prospect and existing asset-based borrower's collateral records and financial reports to determine / assess collateral values that secure loans to identify and highlights areas of collateral weakness, areas of potential exposure for the lender’s collateral, and to detect fraudulent activity.
• In addition to focusing on accounts receivable, inventory or other assets supporting the Borrowing Bases, the audits will include a review of books and records; analyses of accounts payable, bank statements, tax payments and filing status, insurance, sources, uses of cash and financial statement reviews that include other assets, other liabilities, and equity accounts.
• Effectively perform and document audit activities in accordance with professional standards and methodologies.
• Performs detail testing as defined by the field examination program to analyze and validate information.
• Evaluates accounting system controls and data integrity.
• Verifies that collateral is being reported and managed per the terms and conditions stipulated in the Loan Document.
• Documents findings/results of engagements; prepares clear and concise high level written exam reports, highlighting areas of risk and exposure, material variances, conclusions reached from testing results, and related recommendations for improvement, if necessary. Such reports are utilized to verify and/or determine the credit worthiness of the collateral securing the existing and/or prospective loans and to make informed credit decisions.
• Understand procedures, results and business impacts; and document and express such understanding in both written and verbal form.
• Contribute to and promote a positive environment and improve team effectiveness.
• Maintain a current professional development plan reflecting a commitment to self-development.
• Meets administrative reporting requirements.

Education, Experience

• Bachelor’s Degree or equivalent experience with a concentration in Accounting, Business, Audit or Finance.
• 2-3 years of prior experience in finance, public accounting, or banking required.
• ABL Experience preferred.

Knowledge, Skills, Abilities

• Demonstrated advanced proficiency with computer applications in a Microsoft Windows-based environment. Proficiency with MS Excel and Word is required. Working knowledge of MS PowerPoint is preferred.
• Excellent verbal and written communication skills are required.
• A high degree of integrity and business acumen is required.
• Highly motivated professionals who enjoy a team environment and work well independently.
• Excellent interpersonal and organizational skills.
• Strong time management skills.
• Knowledge of and ability to utilize tools, techniques and processes for research, data gathering and reporting.
• Attention to detail; ability to process information with high levels of accuracy.
• Demonstrated critical thinking and analytical capabilities.
• Strong accounting, audit, and writing skills.
• Knowledge of financial statements, including balance sheets and income statements; familiarity with GAAP principles helpful.
• Self-motivated and ability to work independently without supervision.
• Desire to learn and grown in their career.
• Ability to travel required to visit borrower locations within the U.S. roughly 30% of the year.