Director, ABL Portfolio Management
- Rosemont, IL
- Permanent
- Full-time
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, ABL Portfolio Management is the primary member of the ABL coverage team, managing all aspects of the ABL transaction. Directors are expected to be intimately involved in in the deal process, making recommendations on appropriate credit structures, pricing, etc. Directors are directly accountable for managing a complex portfolio of accounts through their review of financial statements, collateral reporting (including borrowing base certificate analysis, appraisals of M&E and Real Estate along with any additional 3rd party work such as Field Exams), proactive monitoring, and partnership with the appropriate Relationship Managers.Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.ESSENTIAL DUTIES AND 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, helping to ensure 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.
- Develops and maintains internal relationships with the coverage team including Relationship Managers/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 through our departments’ resources.
- Capture and document credit decisions, conditions, and modifications.
- Notes negative trends early and strategizes 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.
- 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.
- Should have a understanding of the ABL legal environment including a basic understanding 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. Developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
- 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).
- Experience managing an advanced commercial client portfolio with a degree of complexity.
- Ability to partner with all deal stakeholders including clients, relationship manager and credit teams.
- Expertise in financial and risk analysis, including financial modeling.
- Demonstrated expertise in using effective problem solving.
- To perform this job successfully, an individual should have intermediate knowledge of Word and Excel spreadsheet software. Proficient with technology and ability to learn new applications.
- Normal office environment with little exposure to dust, noise, temperature and the like.
- Extended viewing of a CRT screen.
- Some travel required.