ABL Asset Manager II
ABL Asset Manager II
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1 Vacancy
Job Description
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
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
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. Manage/mitigate credit risk of ABL portfolio transactions.
2. 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. Understand and adhere to various Truist policies processes procedures and regulatory requirements.
4. Restructure and manage problem loans with input from risk partners.
5. Manage ABL credit operational and market risk within pre-approved risk tolerance levels.
6. Work with originations structuring legal compliance and risk partners to align strategic objectives share market knowledge and facilitate seamless execution.
7. Work closely with and develop junior talent.
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. 7-11 years of related work experience
3. Strong technical skills (including financial analysis modeling)
4. Demonstrated analytical skills ability to distill complex data into concise and relevant issues.
5. Strong interpersonal skills which foster teamwork trust and accountability
6. Demonstrated ability to collaborate across functional areas to facilitate execution
Preferred Qualifications:
1. MBA degree with a Finance focus
2. Diversified product structuring/underwriting/portfolio management experience
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: 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 be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.
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.
EEO is the LawPay Transparency Nondiscrimination Provision E-Verify
Required Experience:
Manager
Employment Type
Full-Time
