Vice President - ABL Asset Manager II
About The Position
The position involves managing a portfolio of Asset Based Lending (ABL) transactions, focusing on credit quality, collateral monitoring, financial analysis, and risk mitigation while ensuring adherence to operational and regulatory compliance. The role requires close collaboration with Truist clients to manage ABL loans, meet client needs, and perform ongoing portfolio monitoring within established risk tolerances. The individual will work with other functional groups to achieve the company's revenue, income, credit quality, and other financial objectives. Strong written and verbal communication skills are essential for this role.
Requirements
- BA/BS degree
- 7-11 years of related work experience
- Strong technical skills, (including financial analysis, modeling,)
- Demonstrated analytical skills – ability to distill complex data into concise and relevant issues.
- Strong interpersonal skills which foster teamwork, trust and accountability
- Demonstrated ability to collaborate across functional areas to facilitate execution
- English (Required) language fluency
Nice To Haves
- MBA degree, with a Finance focus
- Diversified product structuring/underwriting/portfolio management experience
Responsibilities
- Manage/mitigate credit risk of ABL portfolio transactions.
- Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals and maintain regulatory requirements.
- Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
- Restructure and manage problem loans with input from risk partners.
- Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
- Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
- Work closely with and develop junior talent.
- Demonstrate Truist culture and values.
Benefits
- medical
- dental
- vision
- life insurance
- disability
- accidental death and dismemberment
- tax-preferred savings accounts
- 401k plan
- vacation
- sick days
- paid holidays
- defined benefit pension plan
- restricted stock units
- deferred compensation plan
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What This Job Offers
Job Type
Full-time
Career Level
Manager
