Portfolio Manager-Asset Based Lending
About The Position
The ABL Portfolio Manager partners closely with Relationship Managers and Business Development Officers to manage a portfolio of asset-based lending (ABL) credit relationships. The role supports revenue growth by deepening existing customer relationships and collaborating with Underwriting to close new business opportunities. The Portfolio Manager monitors credit risk, ensures compliance, supports customer credit needs through underwriting and transaction execution, and coordinates with internal teams. The role also builds customer relationships, escalates risk concerns, and contributes to team development through mentoring and training. The position offers a hybrid/flexible schedule, with an expectation to work in the office at least three days per week and flexibility to work outside the office location on other days.
Requirements
- Bachelor's degree or equivalent work experience.
- Eight or more years of relevant experience.
- Three or more years of ABL portfolio management experience.
Nice To Haves
- Extensive knowledge of ABL commercial/corporate lending and credit standards, policies, procedures, and products, including financial statements, field exams, appraisals, and borrowing bases.
- Strong relationship management and business development skills.
- Strong analytical and problem-solving skills.
- Excellent presentation, verbal, and written communication skills.
- Ability to work effectively in a fast-paced, team-oriented environment.
Responsibilities
- Manage an assigned portfolio of ABL credits, including direct and agented facilities and purchased participations.
- Monitor and manage credit risk across assigned customer relationships.
- Ensure adherence to bank policies and procedures, regulatory requirements, and compliance standards.
- Respond promptly to customer credit requests.
- Underwrite ancillary credit exposure to support customer needs.
- Assist the Underwriting team with new business transactions as needed.
- Conduct regular customer meetings to deepen relationships and identify cross-selling or expansion opportunities.
- Serve as a key point of contact for credit-related discussions and problem resolution.
- Escalate credit concerns clearly and efficiently to senior management.
- Review, negotiate, and coordinate legal documentation with customers, counsel, and internal partners.
- Partner with operations, field examination, appraisal, and compliance teams to support accurate reporting and loan monitoring.
- Mentor junior team members and provide training support to contribute to the broader ABL team’s development.
Benefits
- Healthcare, including medical, dental, and vision coverage.
- Basic term and optional term life insurance.
- Short-term and long-term disability insurance.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation, from two to five weeks depending on salary grade and tenure.
- Up to 11 paid holiday opportunities.
- Adoption assistance.
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
- Pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
