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 a complex portfolio of ABL customers, participating in portfolio meetings with senior management and developing and maintaining external relationships with assigned customers.

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.
• Should be able to independently attend client meetings with assigned clients.
• Work with manager on complex/most complex clients and workouts.
• Ensures ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts.
• Develops and maintains internal relationships with the coverage team including Relationship Managers/Credit Risk Officers.
• Maintains up to date trend cards/portfolio review forms, credit files and legal files through our departments’ resources.
• Capture and document credit decisions, conditions, and modifications.
• Note negative trends early and strategize best solutions for bank, through maintaining trend cards/portfolio review forms, preparing and presenting credit write-ups and watch asset reports.
• Consistently evaluate/update risk rating analysis including overall ratings, PD and LGD.
• Maintains a basic understanding of secured transaction laws and creditor rights and shows a strong interest in further developing that knowledge.
• Mentor to more junior team members including Credit Analysts, Associates and Principals.
• Performs additional job related duties as assigned.
• Provides timely, candid and constructive performance feedback to employees.
• Develops employees to their fullest potential and provides challenging opportunities that enhance career growth; develops the appropriate talent pool to ensure adequate bench strength and succession planning; recognizes and rewards employees for accomplishments.

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.
• 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: https://www.53.com/content/fifth-third/en/careers/benefits.html.

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.