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.
• 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 up to date trend cards/portfolio review forms, credit files and legal files through our departments' resources.
• 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.
• A focus on continuous learning to keep up with ever-changing market dynamics.
• Has 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.
• Responsible for providing employees timely, candid and constructive performance feedback. Develops employees to their fullest potential and provides challenging opportunities that enhance employee 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.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• 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.

Qualifications

• Must have a bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting).
• At least 8 years of credit analysis and/or loan review experience in Commercial Banking.
• At least 6-7 years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer.
• Must have intermediate knowledge of Word and Excel spreadsheet software.
• Must be proficient with technology and able to learn new applications.

Skills

• Advanced analytical skills.
• Financial modeling.
• Secured transaction laws and creditor rights.
• Problem-solving abilities.

Benefits

Fifth Third offers a comprehensive benefits package that includes:

• Comprehensive health insurance plans.
• Retirement savings plans.
• Flexible spending accounts.
• Employee assistance programs.
• Discounts on products and services.
• Professional development opportunities.

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.