ABL Asset Manager at Truist

Asset Based Lending Manager

Manage a portfolio of Asset Based Lending (ABL) transaction for the overall credit quality, collateral monitoring financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage the ABL loans, meet client needs and to perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality and other financial objectives. Teammates should have strong written and verbal communication skills.

Essential Duties and Responsibilities

• Manage/mitigate credit risk of ABL portfolio transactions.
• Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals and maintain regulatory requirements.
• Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
• Restructure and manage problem loans with input from risk partners.
• Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
• Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
• Work closely with and develop junior talent.
• Demonstrate Truist culture and values.

Required Qualifications:

• BA/BS degree
• 7-11 years of related work experience
• Strong technical skills, (including financial analysis, modeling,)
• Demonstrated analytical skills ability to distill complex data into concise and relevant issues.
• Strong interpersonal skills which foster teamwork, trust and accountability
• Demonstrated ability to collaborate across functional areas to facilitate execution

Preferred Qualifications:

• MBA degree, with a Finance focus
• Diversified product structuring/underwriting/portfolio management experience

The annual base salary for this position is $156,000 $175,000K