Director, ABL Portfolio Management

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About the role

The Director, ABL Portfolio Management participates in the execution and achievement of the Fifth Third Commercial Bank’s Asset Based Lending (ABL) strategic initiatives through day-to-day relationship management of a complex portfolio of ABL customers. The Director is the primary member of the ABL coverage team, managing all aspects of the ABL transaction. Directors are expected to be intimately involved in the deal process, making recommendations on appropriate credit structures, pricing, and other key elements. They are directly accountable for managing a complex portfolio of accounts through financial statement review, collateral reporting (including borrowing base certificate analysis, appraisals of M&E and Real Estate, and third-party work such as Field Exams), proactive monitoring, and partnership with Relationship Managers.

Responsible for risk management by openly exchanging ideas and opinions, elevating concerns, and adhering to policies and procedures. Accountable for delivering a positive customer experience while operating within the Bank's risk appetite, consistently identifying, assessing, managing, monitoring, and reporting risks.

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 to ensure customer satisfaction and retention.
• Independently attends client meetings; collaborates with manager on complex clients and workouts.
• Ensures ongoing customer satisfaction by managing loan structure and customer interface with line and support functions.
• Develops and maintains internal relationships with the coverage team, including Relationship Managers and Credit Risk Officers.
• Develops and executes appropriate strategies for problem clients without supervision.
• Maintains up-to-date trend cards, portfolio review forms, credit files, and legal files.
• Captures and documents credit decisions, conditions, and modifications.
• Identifies negative trends early and strategizes solutions for the bank by preparing and presenting credit write-ups and watch asset reports.
• Consistently evaluates and updates risk rating analysis, including overall ratings, Probability of Default (PD), and Loss Given Default (LGD).
• Monitors timeliness of reporting and ensures the bank has accurate information for decision-making.
• Focuses on continuous learning to keep up with ever-changing market dynamics.
• Demonstrates understanding of the ABL legal environment, including secured transaction laws and creditor rights, with a strong interest in further developing that knowledge.
• Mentors junior team members, including Credit Analysts, Associates, and Principals.
• Performs additional job-related duties as assigned.

Supervisory Responsibilities

• Provides employees with timely, candid, and constructive performance feedback.
• Develops employees to their fullest potential and provides challenging opportunities that enhance career growth.
• Ensures the development of an appropriate talent pool for 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 of credit analysis and/or loan review experience in Commercial Banking.
• Minimum 6-7 years of experience in an Asset Based Lending environment, in underwriting, 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 strong verbal and written communication skills.
• Professional presence (client-facing).
• Experience managing an advanced commercial client portfolio with a degree of complexity.
• Ability to partner with all deal stakeholders, including clients, relationship managers, and credit teams.
• Expertise in financial and risk analysis, including financial modeling.
• Demonstrated expertise in effective problem-solving.
• Intermediate knowledge of Microsoft Word and Excel; proficiency with technology and ability to learn new applications.

Working Conditions

• Normal office environment with minimal exposure to dust, noise, temperature variations, etc.
• Extended viewing of a computer screen.
• Some travel required.

Pay

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

The base salary for this position reflects the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education, and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with payment based on company, line of business, and/or individual performance.

Benefits

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional, and social well-being. Benefits include:

• Comprehensive health and wellness programs.
• Retirement savings plans.
• Paid time off and leave options.
• Employee assistance programs.
• Additional perks and rewards.

Learn more about our benefits on the Fifth Third Careers page.

Location: Chicago, Illinois 60606