SBDS Asset Manager Team Leader

Truist Bank • Orlando, FL

1d

About The Position

Manage and provide leadership to a team of Small Business Default Solutions (SBDS) Asset Managers. The goal is to maximize returns on a portfolio of CSBB Small Business criticized and classified loans in accordance with Bank policy, procedures, and strategic goals. The role includes managing team workload, coaching asset managers on repayment and resolution strategies, overseeing risk ratings and asset values, and supporting complex credit analysis and negotiations. It also includes personnel recommendations, forecasting certifications, coordination with other Business Lending Units, and staying current on bank policies and relevant business and economic developments. Other duties may be performed, and specific activities may change from time to time.

Requirements

• Bachelor’s degree in business, finance, or banking, or comparable education and related training.
• At least 10 years of commercial banking or equivalent experience, including at least 5 years of loan workout or problem loan resolution experience.
• At least 7 years of management experience.
• Superior negotiation, communication, interpersonal, financial analysis, and problem-solving skills.
• Demonstrated ability to handle multiple priorities under time constraints.
• Proficiency in basic computer applications, such as Microsoft Office software products.

Nice To Haves

• Master’s degree in business administration, finance, or banking.
• 15 years of experience in commercial banking, loan workout, and/or relationship management.
• Graduate Banking School.

Responsibilities

• Assign and manage SBDS Asset Managers’ workloads to maintain a balanced portfolio.
• Lead and coach SBDS Asset Managers in identifying and implementing effective repayment and resolution strategies for criticized and classified small business loans.
• Ensure risk ratings, accrual status, and asset carrying values are appropriate for the assigned area.
• Co-approve credit requests, non-accruals, and charge-offs within established authority levels.
• Develop an effective risk management culture through coaching, counseling, feedback, reinforcement, and support of the Bank’s credit culture.
• Assist Asset Managers with complex credit analysis and negotiations to prevent or mitigate Bank losses, including debt restructuring, bankruptcy, liquidation, and foreclosure matters.
• Make recommendations regarding personnel employment, training, performance ratings, salary changes, promotions, transfers, terminations, career enhancement, and staffing levels.
• Provide monthly certification of forecasts for non-performing assets, losses, and OREO transfers.
• Ensure direct reports work cooperatively with teammates from other Business Lending Units in consultative or shadowing roles when required, and raise any issues with those units to leadership.
• Stay informed about Bank policy and changing business and economic developments that affect the loan portfolio, profitability, and banking.

Benefits

• Medical, dental, and vision insurance.
• Life insurance and disability insurance.
• Accidental death and dismemberment coverage.
• Tax-preferred savings accounts.
• 401(k) plan.
• At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status.
• 10 sick days, prorated.
• Paid holidays.
• Depending on the position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager