ABL Director - Group Credit Leader

Truist Bank•Charlotte, NC

7d•Onsite

About The Position

The ABL Director - Group Credit Leader will manage a portfolio of Asset Based Lending (ABL) transactions, focusing on overall credit quality, collateral monitoring, financial analysis, and risk mitigation while adhering to all operational and regulatory compliance. This role involves close collaboration with Truist clients to manage ABL loans, meet client needs, and perform ongoing portfolio monitoring within Truist's risk tolerances. The position also requires active engagement with other functional groups to ensure ABL achieves its revenue, income, credit quality, and other financial objectives. Strong written and verbal communication skills are essential for this role.

Requirements

BA/BS degree
15+ years of related work experience
3-5 years of management experience
Extensive subject matter expertise including advanced understanding of industry drivers, client interaction, product positioning, underwriting, workout and risk mitigation strategies.
Demonstrated ability to collaborate and influence across functional areas to resolve complex issues.
Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
Ability to communicate clearly, concisely and insightfully.
Evidence of ability to develop and retain top talent.
English fluency (Required)

Nice To Haves

MBA degree, with a Finance focus
Diversified product structuring/underwriting/portfolio management experience

Responsibilities

Lead team of asset managers to manage/mitigate credit risk of ABL portfolio transactions.
Manage and develop a team to 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.
Attract, retain and develop a team of top credit professionals.
Drive the restructuring of problem loans and workouts and closely monitor the teams complex transactions.
Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
Communicate and oversee compliance with risk policies and procedures.
Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
Demonstrate Truist culture and values.