Director, ABL Portfolio Management

About the role

The Director, ABL Portfolio Management plays a crucial role in executing and achieving Fifth Third Commercial Bank's Asset Based Lending (ABL) strategic initiatives. They manage all aspects of the ABL transactions, including financial statements, collateral reporting, and proactive monitoring. They also maintain external and internal relationships with assigned customers and partners.

Responsibilities

• Manages the ongoing credit risk of a complex portfolio of ABL relationships and participates in portfolio meetings with senior management.
• Develops and maintains external relationships with assigned customers, including regular client meetings and business development calls, ensuring customer satisfaction and retention.
• Works with manager on complex/most complex clients and workouts, ensuring ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts.
• Maintains up to date trend cards/portfolio review forms, credit files and legal files through our departments' resources.
• Captures and documents credit decisions, conditions, and modifications, noting negative trends early and strategizing best solutions for the bank.
• Evaluates and updates risk rating analysis, including overall ratings, PD and LGD.
• Maintains and monitors timeliness of reporting, tickler information, and ensures the bank has accurate information to make decisions and stay expert on the accounts and their credit files.
• Manages the credit risk of a complex portfolio of ABL relationships and participates in portfolio meetings with senior management.
• Ensures ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts.
• Develops and executes appropriate strategies for problem clients without supervision.
• Maintains up to date trend cards/portfolio review forms, credit files and legal files through our departments' resources.
• Captures and documents credit decisions, conditions, and modifications, noting negative trends early and strategizing best solutions for the bank.
• Evaluates and updates risk rating analysis, including overall ratings, PD and LGD.
• Maintains and monitors timeliness of reporting, tickler information, and ensures the bank has accurate information to make decisions and stay expert on the accounts and their credit files.

Requirements

• Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting).
• 8 years credit analysis and/or loan review experience in Commercial Banking.
• Minimum 6-7 years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer; or equivalent combination of education and experience.

Skills

• Advanced analytical skills, critical thinking and verbal and written communication skills.
• Professional presence (client-facing).
• Expertise in financial and risk analysis, including financial modeling.
• Demonstrated expertise in using effective problem solving.
• Intermediate knowledge of Word and Excel spreadsheet software.
• Proficient with technology and ability to learn new applications.

Benefits

At Fifth Third, we offer comprehensive benefits and differentiated compensation offerings to support the individual needs of our employees and their families, encompassing physical, financial, emotional, and social well-being. For more information, visit our careers page at: 53.com/Careers.

Pay

Total Base Pay Range: $96,500.00 - $207,500.00 USD Annually

Schedule

Normal office environment with little exposure to dust, noise, temperature and the like. Some travel required.