ABL Structuring VP or Director
ABL Structuring VP or Director
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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:
The ABL Structuring team structures underwrites and closes asset-based lending transactions. Requires in depth quantitative and qualitative analysis to obtain Truists balance sheet commitment as well as supporting distribution risk decisions.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. Drive in depth qualitative and quantitative analysis culminating in structures that balance client needs with risk appetite; identify quantify prioritize and mitigate transaction risks.
2. Individually structure underwrite negotiate and close ABL transactions.
3. Negotiate legal documents.
4. Comply with risk policies and procedures.
5. Work with originations portfolio management legal compliance and risk partners to facilitate seamless execution.
6. Mentor coach and develop junior talent.
7. Demonstrate Truist culture and values.
Additional responsibilities if serving as an ABL Structuring Team Lead:
1. Manage and develop a team of underwriters associates and analysts in the structuring underwriting negotiation and closing of ABL transactions. Closely monitor the teams complex transactions. Review underwriting memos for quality and accuracy prior to delivery to ABL Risk; ensuring investment thesis are well-articulated risks are properly mitigated adherence to internal policies and procedures as well as regulatory requirements.
2. Communicate and oversee compliance with risk policies and procedures.
3. Attract retain and develop a team of top credit professionals.
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 or equivalent education and experience
2. Licenses: Series 79 or 63
3. 15 years of related work experience
4. Extensive subject matter expertise including advanced understanding of industry drivers product positioning structuring and risk mitigation strategies.
5. Demonstrated ability to collaborate and influence across functional areas to resolve complex issues.
6. Strong interpersonal skills which foster teamwork trust creativity/innovation and accountability
7. Ability to communicate clearly concisely and insightfully.
Preferred Qualifications:
1. MBA degree with a Finance focus
2. Capital markets or other product structuring/underwriting 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:
Exec
Employment Type
Full-Time
