Team Lead - Wholesale Credit Delivery - Middle Market segment

Truist • Atlanta, GA

32d

About The Position

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status. Need Help? If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response). Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Please review the following job description: Responsible for leading a team of assigned Underwriting & Portfolio Management teammates to deliver quality credit analysis and underwritings of credit transactions. Responsible for teams that manage complex debt structuring, underwriting and portfolio management for Middle Market Wholesale clients. Portfolios could entail clients with capital markets and specialized industry needs as well as specialty structural considerations. Leads the day-to-day operation of the designated team, focused on consistent execution of the credit process, related activities and behaviors. Assumes overall responsibility for all underwriting and portfolio management results within the team. Includes strategic decision making around structure of the team, hiring and recruiting, training need and development, system enhancements, etc. Responsible for executing strategic changes. Actively participates in, and may lead, action forces, projects, etc. aimed at improving efficiency and effectiveness of the portfolio management organization.

Requirements

• Bachelor’s Degree or an equivalent combination of education and experience.
• 10+ years of experience in underwriting, portfolio administration, middle market loan credit decision making and 3 years of previous management experience.
• Subject Matter Expert level understanding of complex lending structures, including leveraged loans and structured products.
• Mastery level proficiency with MS Office Desktop applications.
• Strong interpersonal skills and solid written/verbal communication are essential.

Nice To Haves

• MBA, CFA or other advanced degree.
• Graduate of industry banking school.
• Active leadership role in industry profession association.

Responsibilities

• Ensures the development and retention of engaged, industry leading teammates who are building critical skillsets to meet PM role expectations through regular 1x1 conversations, training, coaching and mentoring as well as inspection.
• Demonstrates leadership in developing and enhancing strong partnerships with key stakeholders across the organization.
• Support revenue and return growth objectives through strong partnership and communication in the identification, screening, prioritization and consistent underwriting of opportunities.
• Oversees all underwriting activity in the portfolio and influences client acquisition decision by actively participating in screen meetings.
• Brings expertise to transactions.
• Actively manages pipeline for new and renewing opportunities, workflow and issue resolution, keeping all stakeholders proactively informed to ensure expected timelines are met.
• Partner closely with Banking peers to ensure effective delivery of complex financing solutions to Middle Market clients (companies owned independently, by mid-cap Sponsors, Institutions and Family Offices) through industry specific lens; responsible for maintaining extensive level of knowledge of corporate banking, investment banking and commercial banking solutions, in addition to market trends and business drivers.
• Understands and articulates industry trends, patterns in the economy, and the implications thereof, and proactively shares information across the PM organization.
• Has an extensive and thorough knowledge of the group’s portfolio as well as industry/market and is the primary point person for providing updates and guidance on issues and trends.
• Works closely with Banking peers and Credit Risk in proactively managing the portfolio and identifying industry trends.
• Manages all internal and external portfolio reviews – Credit Review, Internal Audit, SNC, and FRB exams.
• Ensures on-time performance of portfolio management practices, such as annual reviews, financial spreads, compliance reviews.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• 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: Mid Level
• Number of Employees: 5,001-10,000 employees