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Fifth Third Bank · 2 days ago

Director, ABL Portfolio Management

Cleveland, OH

Full-time

Onsite

Mid, Senior Level

$94K/yr - $203K/yr

6+ years exp

Fifth Third Bank is seeking a Director for their ABL Portfolio Management team, responsible for managing a complex portfolio of Asset Based Lending customers. The role involves overseeing credit risk, maintaining customer relationships, and mentoring junior team members while ensuring compliance with banking policies.

BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage

Responsibilities

Manages the ongoing credit risk of a complex portfolio of ABL relationships and participates in portfolio meetings with senior management

Develops and maintains external relationships with assigned customers, including regular client meetings and business development calls, helping to ensure customer satisfaction and retention

Should be able to independently attend client meetings with assigned clients. Work with manager on complex/most complex clients and workouts

Ensures ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts

Develops and maintains internal relationships with the coverage team including Relationship Managers/Credit Risk Officers

Develops and executes appropriate strategies for problem clients without supervision

Maintains up to date trend cards/portfolio review forms, credit files and legal files through our departments’ resources

Capture and document credit decisions, conditions, and modifications

Notes negative trends early and strategizes best solutions for bank, through maintaining trend cards/portfolio review forms, preparing and presenting credit write-ups and watch asset reports

Consistently evaluate/update risk rating analysis including overall ratings, PD and LGD

Monitors timeliness of reporting, tickler information and ensures bank has accurate information to make decisions and be expert on the accounts and their credit files

A focus on continuous learning to keep up with ever-changing market dynamics

Should have a understanding of the ABL legal environment including a basic understanding secured transaction laws and creditor rights and shows a strong interest in further developing that knowledge

Mentor to more junior team members including Credit Analysts, Associates and Principals

Performs additional job related duties as assigned

Qualification

Credit analysisAsset Based LendingFinancial modelingRisk analysisRelationship managementAnalytical skillsMicrosoft WordMicrosoft ExcelCommunication skillsProblem solving

Required

Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)

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

Minimum 6-7 years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer; or equivalent combination of education and experience

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations

Ability to write reports, business correspondence, and procedure manuals

Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public

Advanced analytical skills, critical thinking and verbal and written communication skills

Professional presence (client-facing)

Experience managing an advanced commercial client portfolio with a degree of complexity

Ability to partner with all deal stakeholders including clients, relationship manager and credit teams

Expertise in financial and risk analysis, including financial modeling

Demonstrated expertise in using effective problem solving

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

Benefits

Comprehensive benefits and differentiated compensation offerings

Incentive compensation plan

Company

Fifth Third Bank

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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