ABL Underwriting Portfolio Manager
About The Position
The ABL Underwriting Portfolio Manager is responsible for underwriting new business opportunities and managing an existing portfolio of credit relationships. This role is expected to liaunt between all parties to ensure timely and efficient analysis that meets the expectations of the Borrowers, Lenders and Administration Team. We are a high performing, collaborative, and diverse team focused on growing the business by providing excellent service to clients and partners. We hold ourselves accountable to high standards, share wins, operate ethically, and have fun. Our portfolio of clients and assets allows us to grow in our knowledge base and provides for plenty of opportunities for exposure to executive management.
Requirements
- Bachelor's degree from an accredited institution with a business, finance, economics, or accounting major (preferred)
- Minimum 3 years of Middle Market Asset-Based / Commercial Banking experience preferred; ($25MM - $250MM+ company revenue, $5MM - $50MM aggregate credit exposure)
- Thorough understanding of general credit and risk principles as it applies to asset-based lending
- Working knowledge of MS Office: Excel, Word, PowerPoint, and financial forecast models including 13-week cashflows
- Excellent oral and written communications skills
- Strong analytical, organizational and time management skills
- Proven ability to manage tasks in a timely and efficient manner
- Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment
Responsibilities
- Manage an assigned asset-based portfolio of commercial customers
- Structure and underwrite asset-based loan transactions ($5MM - $100MM aggregate credit exposure) for existing portfolio customers and new business transactions
- Coordinate the collection and review of financial statements, compliance certificates, and collateral reports to comply with customers’ reporting requirements
- Assist in review and negotiation of loan documentation in consultation with legal counsel and ensure deals are closed properly
- Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank as needed
- Comply with all bank policies and procedures as well as applicable state and federal regulations
Benefits
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long-term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance
- Competitive pay and annual discretionary bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement
- Family-friendly work hours
- Promote from within culture
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
