Portfolio Manager, Asset Based Lending

About Us

The Portfolio Manager Asset Based Lending plays a critical role in supporting disciplined growth while protecting the banks balance sheet across complex collateral driven credit relationships. This role acts as a senior liaison between the Asset Based Lending team and the Credit function ensuring that deal structures portfolio risks and emerging issues are clearly understood well documented and effectively communicated.

This roleprovides people leadership within the Asset Based Lending portfolio management function supporting the performance development and engagement of assigned team position is designed for an experienced Asset Based Lending professional who brings deep technical expertise strong risk instincts and the credibility to influence credit outcomes through thoughtful analysis and clear presentation. This role elevates credit quality by anticipating risks framing solutions and partnering closely with Credit leaders throughout the lifecycle of each relationship.

Portfolio and Risk Management

• Serve as primary portfolio manager for a complex Asset Based Lending portfolio with elevated structural and collateral complexity.

• Perform detailed financial cash flow and collateral analysis across accounts receivable inventory equipment and related asset classes.

• Monitor borrowing base reporting field exam results covenant compliance and early warning indicators.

• Identify emerging risks and performance trends escalating concerns with clear risk framing and recommended paths forward.

• Support remediation planning and enhanced monitoring strategies for higher risk or deteriorating relationships.

Deal Structuring and Credit Partnership

• Partner closely with origination teams to support new transactions renewals amendments and restructures.

• Prepare and present comprehensive deal structures risk assessments and mitigation strategies to Credit partners and approval committees.

• Act as a key liaison to the Credit function by translating complex deal dynamics into clear decision ready materials.

• Collaborate with Credit to address feedback refine structures and gain alignment on risk approach without holding direct approval authority.

• Ensure all proposed structures comply with credit policy regulatory expectations and portfolio risk appetite.

People Leadership and Team Development

• Provideday to daymanagement coaching and feedback for assigned analysts or related team members.

• Support onboarding training and skill development to ensure consistent application of Asset Based Lending risk standards and portfolio practices.

• Set clear expectations for work quality timelines and risk discipline while promoting accountability and continuous improvement.

• Contribute to performance discussions development planning and talent progression in partnership with leadership.

Cross Functional Collaboration

• Work closely with Loan Operations Field Exam Legal Treasury and Credit Administration to ensure effective execution and ongoing monitoring.

• Represent the Asset Based Lending team in cross functional discussions related to credit risk documentation and portfolio performance.

• Influence outcomes through technical expertise preparation and credibility rather than formal authority.

Process Improvement and Expertise Leadership

• Identify opportunities to strengthen Asset Based Lending portfolio management underwriting support and monitoring practices.

• Contribute to the development and reinforcement of best practices within the Asset Based Lending function.

• Provide informal mentorship and technical guidance to less experienced team members.

• Support onboarding and knowledge sharing related to Asset Based Lending credit risk and portfolio oversight.

• Serve as a subject matter resource for the team by sharing knowledge lessons learned and practical guidance in complex situations.

Required Experience

• Bachelors degree in Finance Accounting Business or a related field or equivalent progressive experience recognizing that advanced technical expertise in Asset Based Lending is often developed through years of specializedhands oncredit underwriting and portfolio management experience.

• Eight or more years of progressive experience in Asset Based Lending Commercial Services or Specialty Finance.

• Demonstrated experience managing complex Asset Based Lending portfolios and supporting sophisticated credit structures.

• Advanced knowledge of borrowing base mechanics collateral monitoring covenant structures and field examination review.

• Strong written and verbal communication skills with experience presenting complex credit matters to senior stakeholders.

• Prior experience leading mentoring or supervising team members in a credit or portfolio management environment.

Preferred Experience

• Experience partnering closely with credit officers or approval committees in anon approvalholding role.

• Middle market or sponsor backed lending experience across multiple industries.

• Prior exposure to regulatory examinations involving specialty finance or leveraged lending portfolios.

• CPA CFA or other relevant professional credentials.

• Comfort operating in hybrid or remote environments and supporting distributed teams.

Our Values

• Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.

• Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.

• Respect:Treat everyone with courtesy politeness and kindness.

• Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration accountability and trust with others and understand that together we do more

For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at.

EEO is the Law

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.