ABL Portfolio Management Executive Director

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General Function

The Senior 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 the most complex portfolio of ABL customers. The Senior Director, ABL Portfolio Management is the primary member of the ABL coverage team, managing all aspects of the ABL transaction. Senior Directors are expected to be intimately involved in the deal process, making recommendations on appropriate credit structures, collateral matters, risk ratings, etc. Senior Directors are directly accountable for managing a portfolio of accounts through review of financial statements, collateral reporting (including borrowing base certificates, inventory and fixed‑asset appraisals and field exams), and partnership with Relationship Managers. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following bank policies and procedures. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, they achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks.

Essential Duties and Responsibilities

• Manages the ongoing credit risk of the most 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, helping to ensure customer satisfaction and retention.
• Should be able to independently attend client meetings with assigned clients and work independently on 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 with minimal supervision.
• Maintains up‑to‑date portfolio review forms, credit files and legal files through our department’s resources.
• Captures and documents credit decisions, conditions, and modifications.
• Notes negative trends early and strategizes best solutions for the bank, through maintaining portfolio review forms, preparing and presenting credit write‑ups and watch asset reports.
• Consistently evaluates/updates risk rating analysis including overall ratings, probability of default and loss‑given‑default.
• Monitors timeliness of reporting, tickler information and ensures the bank has accurate information to make decisions and is an expert on the accounts and their credit files.
• Monitors industry trends of portfolio companies.
• Is proficient in ABL legal documentation including a strong knowledge of credit agreements and ancillary documents.
• Has a focus on continuous learning to keep up with ever‑changing market dynamics.
• Has an understanding of the ABL legal environment including a strong knowledge of credit agreement and ancillary document terms.
• Mentors more junior ABL team members.
• Leads/participates in special projects.

Minimum Knowledge, Skills and Abilities Required

• Bachelor’s degree in business (e.g. Business Administration, Finance, or Accounting).
• 12‑15 years of credit analysis and/or loan review experience in Commercial Banking.
• Minimum 10 years of experience in an Asset Based Lending environment, in underwriting or as a portfolio manager; or equivalent combination of education and experience.
• Advanced analytical skills, critical thinking and verbal and written communication skills.
• Professional presence (client‑facing).
• Experience managing an ABL client portfolio with some degree of complexity, including workout situations.
• 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 using effective problem solving.
• Intermediate knowledge of Word and Excel spreadsheet software; proficiency with technology and ability to learn new applications.

Title

ABL Portfolio Management Executive Director

Total Base Pay Range: 121,900.00 – 262,100.00 USD Annual

Benefits

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. Our 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. You can learn more about those programs on our 53.com Careers page at: or by consulting with your talent acquisition partner.

Location: Chicago, Illinois 60606

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

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