Vertex Energy SA
CIF-01186 · U76185CA2014PLC101186 · Transportation · Public Sector · Canada
RM: Andrew Garcia
Credit Risk Manager: Benjamin Jones
Exposure: $33.98M
CBRB: Doubtful
Internal: Doubtful
Risk Score:100 · Critical
Total Exposure
$33.98M
Prev: $33.50M1.4%
Utilization
97.5%
Prev: 92.7%4.8pp
Banking Relationships
5
Prev: 50.0
CBRB Rating
Doubtful
Prev: Doubtful
Internal Rating
Doubtful
Prev: Doubtful
Open Alerts
2
C 0
H 1
M 1
L 0
Exposure Trend Analysis · 24 Months
Funded · Non-Funded · Total
Utilization Trend · Reporting Bank vs Other Banks
Threshold 70%
Rating Migration Timeline
2024-07
OLEMStart
2025-10
SubstandardDowngrade
2025-11
DoubtfulDowngrade
Banking Relationship Trend · Number of Banks (CBRB)
Increase Decrease No Change
Alert History · 2
| Date | Alert Type | Severity | Description | Status | Assigned To | Resolved |
|---|---|---|---|---|---|---|
| 1/1/2026 | Rating Upgrade | Medium | Borrower rating improved to Doubtful. | Open | Ryan Harris | — |
| 6/2/2026 | Rating Downgrade | High | Borrower rating migrated from Doubtful to Doubtful. | Open | Benjamin Jones | — |
AI Risk Score
100
/ 100
Critical Risk
Low
0-30
0-30
Med
31-60
31-60
High
61-80
61-80
Crit
81-100
81-100
Risk Driver Analysis
CBRB Rating Migration+33
Utilization Level+24
Banking Relationship Growth+15
Industry Concentration+15
Exposure Growth Trend+5
Internal Rating Drift+5
AI Risk Commentary
AI
Customer exposure increased by 1.4% month-over-month, currently at $33.98M. Banking relationships moved from 5 to 5 banks per CBRB data. CBRB rating remained stable from Doubtful to Doubtful. Current utilization is 97.5% — above the 70% early warning threshold. Overall borrower risk is assessed as critical. Recommend escalation to Credit Committee.
Recommended Actions
Review Credit Facility Structure
HighSchedule Customer Meeting
MediumReassess Collateral Coverage
HighEscalate to Credit Committee
CriticalInitiate Monthly Monitoring
MediumRelationship Team
Relationship Manager
Andrew Garcia
andrew.garcia@bank.com
+1 555 0121
Portfolio: $2.16B
Credit Risk Manager
Benjamin Jones
benjamin.jones@bank.com
+1 555 0209
Portfolio: $2.38B
Business Head
Lucas White
lucas.white@bank.com
+1 555 0275
Portfolio: $2.27B
| Month | Funded | Non-Funded | Total | Utilization | Banks | Rating |
|---|---|---|---|---|---|---|
| 2026-06 | $19.82M | $14.16M | $33.98M | 97.5% | 5 | Doubtful |
| 2026-05 | $20.93M | $12.57M | $33.50M | 92.7% | 5 | Doubtful |
| 2026-04 | $21.16M | $13.80M | $34.96M | 90.0% | 5 | Doubtful |
| 2026-03 | $22.37M | $14.07M | $36.45M | 84.3% | 5 | Doubtful |
| 2026-02 | $22.39M | $13.55M | $35.94M | 78.4% | 5 | Doubtful |
| 2026-01 | $24.49M | $12.20M | $36.69M | 75.6% | 5 | Doubtful |
| 2025-12 | $21.12M | $13.58M | $34.70M | 75.9% | 5 | Doubtful |
| 2025-11 | $20.42M | $13.37M | $33.79M | 81.8% | 6 | Doubtful |
| 2025-10 | $21.57M | $10.63M | $32.21M | 84.4% | 7 | Substandard |
| 2025-09 | $18.52M | $12.92M | $31.44M | 81.6% | 7 | OLEM |
| 2025-08 | $17.34M | $14.69M | $32.04M | 87.5% | 7 | OLEM |
| 2025-07 | $19.36M | $12.67M | $32.03M | 85.2% | 7 | OLEM |