ABL Credit Delivery Associate I

Truist; Charlotte (NC); On-site; USD 102,000 - 138,000; Full time

Benefits offered by this job

Health benefits

401k plan

Vacation & sick days

Paid holidays

Job summary

The ABL Credit Delivery team at Truist underwrites asset-based loans and manages portfolios to meet client needs while maintaining risk/return strategies. Associates support structuring, asset management, and portfolio duties, with increasing ownership of opportunities and mentorship of junior teammates.

Role emphasizes teamwork, regulatory compliance, and collaboration with cross-functional partners in a fast-paced environment.

Qualifications

• BA/BS degree required.
• Licenses: Series 79; Series 63; SIE.
• 3+ years of related work experience.
• Strong financial analysis, modeling, and presentation skills.
• Strong leadership and interpersonal skills.
• Strong written and verbal communication.
• High adaptability with strong organizational and time management skills.
• Demonstrated ability to collaborate across functional areas to facilitate execution.

Responsibilities

• Support senior ABL Structuring and Asset Management teammates underwriting and closing ABL transactions and portfolio management responsibilities.
• Develop deep ABL subject matter expertise and apply knowledge into value-added ideas.
• Demonstrate strong technical skills, thorough qualitative and quantitative analysis; identify and quantify risk.
• Mentor and develop analyst teammates.
• Adhere to risk/compliance policies and guidelines.
• Work with originations, legal, compliance, risk and operations partners to align strategic objectives and facilitate seamless execution.

Skills

Financial analysis

Financial modeling

Presentation

Leadership

Analytical skills

Communication

Time management

Education

BA/BS degree

MBA degree (Finance)

Job description

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Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description:

The ABL Credit Delivery team, comprised of ABL Structuring and ABL Asset Management, underwrites asset-based loans(“ABL”) to new and existing clients and actively manages the existing portfolio to meet client needs while also ensuring appropriate risk/return strategies. ABL Structuring and ABL Asset Management adhere to operational/regulatory compliance in their structuring, underwriting, and managing ABL loans for overall credit quality, collateral monitoring, financial analysis, legal diligence and risk mitigation in the execution of transactions, which may include original approvals, amendments, refinancings and ancillary credit product approvals. ABL Credit Delivery Associates support ABL Structuring and Asset Management in underwriting and portfolio management responsibilities, may be assigned to support senior Credit Delivery Teammates but require increasingly less oversight, be responsible for their assigned opportunities and exhibit confidence in all facets of independent credit evaluation. ABL Credit Delivery Associates take ownership of projects in coordination with Credit Delivery leadership and mentor junior teammates.

Essential Duties And Responsibilities

• Support senior ABL Structuring and Asset Management Teammates underwriting and closing ABL transactions and ABL portfolio management responsibilities, respectively, with the goal of ultimately taking full ownership of assigned opportunities.
• Develop deep ABL subject matter expertise and apply knowledge into value added ideas.
• Demonstrate strong technical skills, thorough qualitative and quantitative analysis; identify and quantify risk.
• Mentor and develop analyst teammates.
• Adhere to risk/compliance policies and guidelines.
• Work with originations, legal, compliance, risk and operations partners to align strategic objectives, share market knowledge, and facilitate seamless execution in a One Team approach.
• Demonstrate Truist culture and values.

Required Qualifications

• BA/BS degree
• Licenses: Series 79; Series 63; SIE
• 3+ years of related work experience
• Strong technical skills including financial analysis, modeling, presentation
• Strong leadership and interpersonal skills which foster teamwork, trust and accountability
• Demonstrated analytical skills – ability to distill complex data into concise and relevant issues.
• Strong written and verbal communication skills
• High level of adaptability and flexibility with strong organizational and time management skills
• Demonstrated ability to collaborate across functional areas to facilitate execution
• Proven ability to work well in a fast-paced, team-oriented environment

Preferred Qualifications

• MBA degree, with Finance focus
• Prior experience as analyst in financial institution

The annual base salary for this position is $120,000.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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