ABL Associate: Credit & Origination Leader

Fifth Third; Chicago (IL); Hybrid; USD 71,000 - 146,000; Full time

Job summary

Fifth Third Bank in Chicago is seeking an ABL Associate to support day-to-day coverage, origination, and transaction management for a portfolio of asset-based lending clients. The role involves underwriting support, loan closings, and maintaining credit files while mentoring junior staff.

Requirements include a Bachelor's in Business/Finance/Accounting and 3–5 years of credit analysis in commercial banking, with familiarity in asset-based lending and capital markets.

Qualifications

• Bachelor's degree in Business, Finance or Accounting.
• 3-5 years credit analysis and/or loan underwriting in Commercial Banking including 1+ years in Asset Based Lending (ABL).
• Knowledge of asset-based lending, private equity, capital markets, and M&A structures.
• Familiarity with credit policies, procedures, and terminology.
• Strong interpersonal and relationship building skills.
• Experience in originating and executing complex financial transactions.

Responsibilities

• Support day-to-day coverage, origination, and transaction management for existing and prospective clients including covered Sponsors.
• Prioritize and support a pipeline of ABL financing opportunities.
• Support underwriting approval and loan closing processes including loan systems setup and administration and preparation of materials for credit approval.
• Manage ongoing credit risk of a basic portfolio of ABL relationships and participate in portfolio meetings with senior management.
• Maintain credit files and capture credit decisions, conditions, and modifications.
• Develop and maintain internal relationships with the coverage team and external customers through meetings and calls.
• Apply knowledge of credit analysis, asset-based lending and capital markets activity.
• Mentor more junior team members including analysts.
• Commit to continuous learning and knowledge of ABL legal environment.

Skills

Credit analysis

Relationship building

Analytical skills

Excel

Word

PowerPoint

Education

Bachelor's degree in Business, Finance or Accounting

Job description

Fifth Third Bank in Chicago is seeking an ABL Associate to support day-to-day coverage, origination, and transaction management for a portfolio of asset-based lending clients. The role involves underwriting support, loan closings, and maintaining credit files while mentoring junior staff.

Requirements include a Bachelor's in Business/Finance/Accounting and 3–5 years of credit analysis in commercial banking, with familiarity in asset-based lending and capital markets.