Vice President - ABL Origination - New York, NY
Truist · New York, NY · 1 mo ago
OTHR$150k–$200k/yrFull-time
Regular, full-time position. Fluency in English required. 1st shift.
About the role
Vice President to help originate asset-based transactions. Will partner with Senior Originators, Underwriting and Portfolio Management across all geographies to move transactions through the deal lifecycle from origination to close.
Responsibilities
- Help drive loan growth through targeted clients/prospects in close coordination with coverage banking
- Demonstrate subject matter expertise; translate knowledge into strategic dialogue and value-added ideas
- Collaborate with internal partners to achieve optimal outcomes
- Originate and assist senior originators and underwriters with deal qualification, screening, diligence and closing process
- Adhere to risk/compliance policies and guidelines
- Mentor and develop junior teammates
- Demonstrate Truist values
Requirements
- BA/BS degree
- 5-10 years of ABL (Asset-Based Lending) experience
- Solid subject matter expertise including knowledge of industry drivers, product positioning, structuring and risk mitigation
- Understand and have experience with an ABL syndication process for left lead and participatory transactions
- Demonstrated ability to collaborate across functional areas to resolve complex issues
- Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
- Ability to communicate clearly, concisely and insightfully
Pay
Annual base salary for this position is $150,000 - $200,000. Additional incentive pay is available.
Benefits
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may vary by division. Benefits include:
- Medical, dental, and vision insurance
- Life insurance and disability coverage
- Accidental death and dismemberment insurance
- Tax-preferred savings accounts
- 401k plan
- No less than 10 days of vacation (prorated based on date of hire and full-time/part-time status) during the first year of employment
- 10 sick days (prorated)
- Paid holidays
- Depending on position and division, may also include a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan