ABL Director - Group Credit Leader

Asset Based Lending Manager

Manage a portfolio of Asset Based Lending (ABL) transactions 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 Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Lead team of asset managers to manage/mitigate credit risk of ABL portfolio transactions.
2. Manage and develop a team to 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.
3. Attract, retain and develop a team of top credit professionals.
4. Drive the restructuring of problem loans and workouts and closely monitor the teams complex transactions.
5. Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
6. Communicate and oversee compliance with risk policies and procedures.
7. Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
8. Demonstrate Truist culture and values.
Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. BA/BS degree
2. 15+ years of related work experience; 3-5 years of management experience.
3. Extensive subject matter expertise including advanced understanding of industry drivers, client interaction, product positioning, underwriting, workout and risk mitigation strategies.
4. Demonstrated ability to collaborate and influence across functional areas to resolve complex issues.
5. Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
6. Ability to communicate clearly, concisely and insightfully.
7. Evidence of ability to develop and retain top talent.
Preferred Qualifications:
1. MBA degree, with a Finance focus
2. Diversified product structuring/underwriting/portfolio management experience
The annual base salary for this position is $200,000 - $240,000.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.