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Fifth Third Bank · 7 hours ago

Director, Asset Based Lending

Rosemont, IL

Full-time

Onsite

Senior Level, Lead/Staff

$120K/yr - $257K/yr

8+ years exp

Fifth Third Bank is a leading financial institution, and they are seeking a Director for Asset Based Lending. This role involves leading teams through the underwriting process for asset-based transactions and managing relationships with clients and internal partners.

BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage

Responsibilities

The team will be responsible for pitching, structuring, and executing ABL transactions to targeted Fifth Third clients

Responsible for carrying out day-to-day coverage, origination support, and transaction management responsibilities for existing and prospective clients including covered Sponsors

Manages and prioritizes a pipeline of ABL financing opportunities

Performs loan structuring, underwriting due diligence and prepares presentation materials of credit for approval

Establishes strong working partnerships and routines with key internal partners including loan operations, treasury, and portfolio management

Manages third party relationships with attorneys, appraisers, field examiners, consultants and investment bankers

Leverages extensive knowledge of asset-based lending and capital markets activity to provide guidance on and effectively work with internal and external constituents to identify and recommend solutions to underwriting and business issues through timely and effective communication

Understands and complies with all Bank policies and procedures, and federal and state laws and regulations pertinent to this position; stays informed and shares updates on changes with management. Required to successfully complete all required compliance training

May include direct or indirect supervision and direction of the day-to-day activities of junior ABL professionals

Provide employees and key internal partners with timely, candid, and constructive performance feedback

Develop employees to fullest potential and provide challenging opportunities that enhance career growth

Qualification

Asset-Based LendingCredit AnalysisFinancial TransactionsCommercial BankingAnalytical SkillsWordExcelProfessional PresenceInterpersonal SkillsRelationship BuildingCritical ThinkingVerbal CommunicationWritten Communication

Required

Bachelor's degree required (MBA a plus), ideally with concentration in Business, Finance or Accounting

8+ years credit analysis and/or loan review or underwriting experience in Commercial Banking

5+ years Asset-Based Lending in underwriting or portfolio management or field examination; or equivalent combination of education and experience

Extensive knowledge of asset-based lending, private equity, capital markets, merger and acquisition structures, and experience with credit analysis is required

Thorough knowledge of credit policies, procedures, and terminology

Strong interpersonal and relationship building skills

Demonstrable success originating and executing complex financial transactions

Advanced analytical skills (including financial and collateral analysis), critical thinking and verbal and written communication skills

Professional presence (client-facing)

To perform this job successfully, an individual should have intermediate knowledge of Word and Excel spreadsheet software

Proficient with technology and ability to learn new applications including commercial loan administration systems

Benefits

Comprehensive benefits

Differentiated compensation offerings

Company

Fifth Third Bank

Glassdoor3.7

Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank.

Founded in 1858

Cincinnati, Ohio, USA

10001+ employees