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Old Dominion National Bank · 1 day ago

Asset Based Lending Portfolio Manager

Tysons Corner, VA

Full-time

Onsite

Mid Level

Old Dominion National Bank is seeking an Asset Based Lending Portfolio Manager to oversee the management of their Asset Based loan portfolio. This role involves collaboration with Commercial Relationship Managers to ensure effective credit administration, portfolio risk management, and compliance, while supporting disciplined portfolio growth and maintaining asset quality.

BankingCommercialFinanceFinancial Services

Responsibilities

Maintain primary ownership of the Asset Based Lending portfolio from a credit and risk management perspective, including ongoing monitoring of client’s financial performance, draw funding, covenant compliance, and risk rating accuracy, serving as the primary internal point of accountability for ABL portfolio servicing matters

Partner with Relationship Managers/Lenders, Credit and Credit Admin to support new originations, renewals, and modifications within the ABL portfolio, preparing clear, concise credit memorandums for renewals, extensions, amendments, waivers, and risk rating changes

Monitor upcoming maturities and ensure extensions, renewals and reaffirmations are performed timely in coordination with the Credit Team, Credit Administration, Loan Administration and Loan Operations

Work with the Treasury Management and Deposit teams to ensure the client’s deposits are set up, funded and perform as they should per the loan approval expectations for the borrowing relationship

Support as needed on internal loan reviews, audits, and regulatory examinations related to the asset based loan portfolio

Monitoring client’s accounts receivables and borrowing bases, contract performance, billing cycles, collections, and concentration exposure

Funding of draws on lines of credit, based on borrowing base availability

Perform financial analysis, cash flow assessment, borrowing base reviews, and annual credit reviews

Proactively identify emerging risks within the portfolio and recommend structural, covenant, or exposure adjustments as needed

Assist in the management of criticized and watch-list relationships in the portfolio in coordination with Relationship Managers, Credit Administration, and Special Assets, when applicable

Ensure credit files are complete, accurate, and consistently documented in accordance with Bank policy and the specific loan requirements. Working directly with clients to obtain financials as required

Assist with analyzing government contracts, including contract type, funding status, backlog quality, burn rates, and option-year risk

Assist with the evaluation of award timing, contract modifications, and funding delays that may impact liquidity or collateral

Overall customer servicing for the ABL portfolio, working closely with loan admin and loan operations

Qualification

Asset Based LendingCredit Risk ManagementFinancial AnalysisMicrosoft ExcelCommercial Credit ExperienceCustomer Service SkillsCommunication Skills

Required

Bachelor's degree in business, finance, accounting or related field, required

Banking experience, specifically in commercial credit, administration and/or operations preferred

Proven customer service skills, required

Written and verbal communication skills, required

A working knowledge of the loan process, to include: the life cycle of a loan, the various relationships and interactions between departments (credit, operations, lending, treasury and the branches.)

Proficiency in systems (Horizon), software (Microsoft Word and Excel) and Global Wave, etc

Strong communication skills, both written and verbal, and with both internal departments and external customers

Professional dress and demeanor

Must be eligible to work in the United States

Company

Old Dominion National Bank

Old Dominion National Bank is a bank that offers commercial and consumer loans treasury and cash management services. It is a sub-organization of Centre 1st Bank.

Founded in 2007