Truist · 5 hours ago

ARG CIG Asset Manager

Atlanta, GA

Full-time

Remote

Senior Level, Lead/Staff

15+ years exp

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Responsibilities

Manage a problem loan portfolio consisting of the most complex credit structures, primarily syndicated corporate and middle market loans while managing the capital market opportunities/fees associated with the clients.

Being able to independently manage syndicated credits facilities as agent and/or actively participate and manage the communication process with other institutions as participant (whether formally as part of the Steering Committee or informally by communicating directly with other lenders) to direct or influence credit resolution strategies.

Ability to actively communicate with and/or manage restructuring professionals including legal counsel, financial advisors, investment bankers, and other relevant vendors playing a role in the credit resolution process.

Proactively communicating with assorted internal and external stakeholders including the Truist debt trading desk, investment banker coverage teams, leveraged finance and sponsor groups in an effort to explore all resolution strategies including capital markets opportunities to self-help (SPAC, capital raise, bond issuance, ATM etc), preservation of sponsor relationships and generation of capital market fees in a manner consistent with prudent risk parameters.

Be the face of Truist in interactions with C-suite executives of publicly traded companies facing challenged economic stress and provide a consensual path forward for both the bank and customer through 2- 4 above.

Actively participating in the balance sheet restructuring process for clients (inside or outside of bankruptcy court) when applicable by interacting with debtor, sponsors, lenders, and professionals as needed; overseeing the marketing process when the resolution path involves the sale of assets or a business whether as a going concern or liquidation.

Negotiating all documentation required in the credit resolution process including, but not limited to, credit, intercreditor, collateral, sale, engagement, restructuring support, and non-disclosure agreements and related amendments if applicable.

Overseeing or actively participating in any and all pertinent activities related to recapitalization of borrowers, when applicable, including interacting with professionals and third-party capital sources such as private equity groups, hedge funds, vulture or distress debt funds, junior lenders, and bond holders or their professionals.

Work effectively with partners such as Commercial Banking Specialists (CBS), Fulfillment Specialist and PM to ensure all client-related documentation and financial analysis are sound and any issues are resolved in an accurate and timely manner.

Provide accurate and timely monthly forecasting for non-performing assets and charge-offs.

Complete reporting as required for impairment analysis, accrual justification and Criticized Loan Asset Reports.

Interface with CIG and middle market (credit, RM and PM) in a consultative role on criticized credits to assess and mitigate risk.

Keep abreast of changing Bank policy and procedures, as well as business and economic developments which impact the loan portfolio and banking in general.

Qualification

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Syndicated credit structuresBankruptcy lawCapital market productsFinancial analysisMicrosoft OfficeMaster’s degree

Required

Bachelor’s degree in business, finance, or banking or comparable education and related training.

A minimum of fifteen years commercial banking, loan workout or equivalent experience.

Significant experience with syndicated/complex credit structures.

In depth knowledge of capital market products both from a capital market and balance sheet management perspective.

In depth knowledge of bankruptcy law/in and out of court restructuring.

Exceptional negotiation, communication, interpersonal, financial analysis and problem solving skills. Ability to deliver messages and interact effectively in a sometimes tense or adversarial environment.

Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.