Asset Backed Finance Portfolio Manager

Fifth Third Bank; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Fifth Third Bank is seeking an Asset Backed Finance Portfolio Manager in Charlotte, NC. The role focuses on managing a portfolio of secured facilities, reviewing borrowing bases, servicer reports, and covenant compliance while ensuring risk is managed and customers receive a positive experience.

The ideal candidate has a 3+ year background in credit analysis within commercial banking, strong analytical skills, and proven client-facing capabilities.

Qualifications

• Bachelor's degree in Business, Finance or Accounting.
• At least 3 years credit analysis or loan review experience in Commercial Banking.
• Advanced analytical, critical thinking, and communication skills.
• Professional presence and client-facing experience.
• Experience managing a complex commercial client portfolio.

Responsibilities

• Perform ongoing surveillance of covered transactions and monitor trends in deal performance.
• Review Asset Backed Finance Group portfolio regularly.
• Renew or modify deals; work on amendments and terms changes.
• Coordinate field exams on existing facilities and communicate with clients.
• Capture and document credit decisions, conditions and modifications.
• Refresh transaction risk ratings; collaborate with relationship managers and analysts.

Skills

Analytical skills

Verbal & written communication

Client-facing

Portfolio management

Financial modeling

Problem solving

Technology proficiency

Education

Bachelor's degree in Business/Finance

Tools

Excel

Job description

Make banking a Fifth Third better®

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

General Function

The Portfolio Manager is key member of the coverage team, managing transactions and business portfolio tasks. PMs are directly accountable for overseeing a portfolio of accounts through their review of borrowing bases, servicer reports, covenant compliance, and financial statements. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Essential Duties And Responsibilities

• Perform ongoing surveillance of covered transactions, including monitoring of trends in deal and asset performance, and checking the correctness of borrowing bases and servicer reports.
• Conduct regular reviews of Asset Backed Finance Group’s portfolio.
• Execute decisions to renew or modify deals.
• Work on deal amendments and changes in terms.
• Coordinate field exams on existing lending facilities.
• Communicate directly with clients regarding credit events and actions as needed.
• Capture and document credit decisions, conditions, and modifications.
• Perform regular review and refreshes of transaction risk ratings.
• Work with ABF relationship managers and analysts to ensure a smooth onboarding of new facilities.
• Focus on continuous learning to keep up with ever-changing market dynamics.
• Subject matter expert, utilizing third-party sources to maintain industry-specific knowledge and awareness of current market changes
• Review and recommend credit decisions.

SUPERVISORY RESPONSIBILITIES: None

Minimum Knowledge, Skills And Abilities Required

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
• At least 3 years credit analysis and/or loan review experience in Commercial Banking.
• Advanced analytical skills, critical thinking and verbal and written communication skills.
• Professional presence (client-facing).
• Experience managing an advanced commercial client portfolio with some 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.
• Proficient with technology and ability to learn new applications.

Asset Backed Finance Portfolio Manager

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Charlotte, North Carolina 28202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.