Director, ABL Portfolio Management
About the role
The Director, ABL Portfolio Management at Fifth Third Bank is responsible for executing and achieving the bank's Asset Based Lending (ABL) strategic initiatives. This role involves day-to-day relationship management of a complex portfolio of ABL customers, participating in portfolio meetings with senior management, and managing all aspects of ABL transactions.
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.
- 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, notes negative trends early and strategizes best solutions for the bank.
- Monitors timeliness of reporting, tickler information and ensures bank has accurate information to make decisions and be expert on the accounts and their credit files.
- Affordability and risk management, including financial modeling, and expertise in secured transaction laws and creditor rights.
- 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 them to their fullest potential, and provides challenging opportunities for career growth.
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. Details can be found on our careers page.
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. Extended viewing of a CRT screen. Some travel required.