MD, Asset Based Lending

About the role

The MD, Asset Based Lending role focuses on originating, structuring and documenting/closing Asset Based Lending opportunities throughout the organization primarily through external bank channels (Direct prospect calling, Sponsors, Advisors, Intermediaries and other referral sources).

Responsibilities

• Generate new business volume and lead a deal team of dedicated professionals on behalf of Fifth Third Bank within an assigned territory.
• Pitch, structure, and execute ABL transactions to targeted Fifth Third prospects/clients (credit facilities from $15 to +$250 million).
• Establish and develop relationships with key prospects and referral sources as well as internal partners including Investment Bankers and Capital Markets teams.
• Participate in networking functions and events, business and community organizations to maintain high visibility in the market and maintain strong working relationships with multiple groups to enhance the organization's lending relationship.
• Prepare and deliver detailed written presentations for various internal constituencies.
• Provide concise verbal presentations to internal credit committee and answer questions as required.
• Lead a team of junior ABL bankers in carrying out day-to-day origination, and transaction management responsibilities ranging from opportunity evaluation to closing/funding.
• Manage and prioritize a pipeline of financing opportunities.
• Supervise and direct the day-to-day activities of junior ABL professionals.
• Develop employees to fullest potential and provide challenging opportunities that enhance career growth.

Requirements

• 10+ years Asset-Based Lending or related financial services.
• Extensive knowledge of Asset Based Lending products and market trends, private equity, capital markets, merger and acquisition structures, and understanding / experience with credit analysis.
• Formal commercial bank/ABL credit training preferred.
• Proven track record of origination and closing complex loan transactions.
• Strong interpersonal and relationship building skills.
• Demonstrable success originating and executing complex financial transactions.
• Bachelor's degree required (MBA Preferred), ideally with concentration in Business, Finance/Accounting.

Qualifications

• MD, Asset Based Lending at Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other.
• Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
• The base salary for this position is reflective of 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 any such payment based upon company, line of business and/or individual performance.
• 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.

Skills

• Comprehensive knowledge of Asset Based Lending products and market trends.
• Experience in structuring and executing complex loan transactions.
• Strong interpersonal and relationship building skills.
• Effective communication and presentation skills.
• Ability to manage and prioritize a pipeline of financing opportunities.
• Proficiency in credit analysis and risk assessment.

Benefits

• Comprehensive benefits and differentiated compensation offerings.
• Base salary reflective of the range of salary levels for all roles within this pay grade across the U.S.
• Eligibility to participate in an incentive compensation plan.
• Extensive benefits programs designed to support the individual needs of employees and their families.

Pay

The base salary for this position is reflective of 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.

Schedule

Not specified.