ABL Asset Manager I or II
About The Position
Manage a portfolio of Asset Based Lending (ABL) transaction for the overall credit quality, collateral monitoring financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage the ABL loans, meet client needs and to perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality and other financial objectives. Teammates should have strong written and verbal communication skills.
Requirements
- BA/BS degree
- 4-7 years of related work experience
- Strong technical skills including financial analysis, modeling, presentation
- Strong interpersonal skills which foster teamwork, trust and accountability
- English (Required)
Nice To Haves
- MBA degree, with Finance focus
- Prior experience as analyst in financial institution
Responsibilities
- Manage/mitigate credit risk of ABL portfolio transactions.
- Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals and maintain regulatory requirements.
- Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
- Restructure and manage problem loans with input from risk partners.
- Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
- Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
- Work closely with and develop junior talent.
- Demonstrate Truist culture and values.
Benefits
- Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
- Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
- Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Number of Employees
5,001-10,000 employees
