ABL Structuring VP or Director

Truist Financial Corporation • Chicago, IL

39d • $175,000 - $200,000

About The Position

The ABL Structuring team structures, underwrites and closes asset-based lending transactions. Requires in depth quantitative and qualitative analysis to obtain Truist's balance sheet commitment as well as supporting distribution risk decisions.

Requirements

• BA/BS degree, or equivalent education and experience
• Licenses: Series 79 or 63
• 15+ years of related work experience
• Extensive subject matter expertise including advanced understanding of industry drivers, product positioning, structuring 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.

Nice To Haves

• MBA degree, with a Finance focus
• Capital markets or other product structuring/underwriting experience

Responsibilities

• Drive in depth qualitative and quantitative analysis culminating in structures that balance client needs with risk appetite; identify, quantify, prioritize and mitigate transaction risks.
• Individually structure, underwrite, negotiate and close ABL transactions.
• Negotiate legal documents.
• Comply with risk policies and procedures.
• Work with originations, portfolio management, legal, compliance and risk partners to facilitate seamless execution.
• Mentor, coach and develop junior talent.
• Demonstrate Truist culture and values.
• Manage and develop a team of underwriters, associates and analysts in the structuring, underwriting, negotiation and closing of ABL transactions. Closely monitor the team's complex transactions. Review underwriting memos for quality and accuracy prior to delivery to ABL Risk; ensuring investment thesis are well-articulated, risks are properly mitigated, adherence to internal policies and procedures as well as regulatory requirements.
• Communicate and oversee compliance with risk policies and procedures.
• Attract, retain and develop a team of top credit professionals.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 5,001-10,000 employees