Director - ABL Senior Asset Manager

Truist Financial; Charlotte (NC); On-site; USD 180,000 - 220,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k plan

Paid vacation/holidays

Job summary

Truist Financial is seeking an experienced senior professional to manage a portfolio of Asset Based Lending (ABL) transactions, ensuring credit quality, collateral monitoring, and risk mitigation in line with regulatory requirements.

You will collaborate with clients and internal teams to achieve revenue and credit objectives, provide financial analysis, and mentor junior teammates while upholding Truist's culture and values.

Qualifications

• BA/BS degree as a baseline requirement.
• 11-15 years of related work experience.
• Subject matter expertise in credit risk, structuring and mitigation.
• Strong collaboration across functions and clear communication.
• Demonstrated teamwork and accountability.

Responsibilities

• Manage/mitigate credit risk for ABL portfolio transactions.
• Prepare amendment memos, trend cards, and reports with accurate data.
• Maintain risk ratings, financial spreads, and credit files.
• Ensure compliance with Truist policies and regulatory requirements.
• Collaborate with originations, structuring, legal, and risk partners.
• Mentor junior staff and model Truist culture and values.

Skills

Credit risk

Portfolio monitoring

Financial analysis

Communication

Team mentorship

Education

BA/BS degree

MBA in Finance

Job description

Regular

Language Fluency: English (Required)

1st shift (United States of America)

Please review the following job description:

Manage a portfolio of Asset Based Lending (ABL) transaction for the overall credit quality, collateral monitoring financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage the ABL loans, meet client needs and to perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality and other financial objectives. Teammates should have strong written and verbal communication skills.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Manage/mitigate credit risk of ABL portfolio transactions.
• Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals and maintain regulatory requirements.
• Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
• Restructure and manage problem loans with input from risk partners.
• Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
• Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
• Work closely with and develop junior talent.
• Demonstrate Truist culture and values.

Required Qualifications

• BA/BS degree
• 11-15 years of related work experience
• Solid subject matter expertise including knowledge of industry drivers, product positioning, structuring and risk mitigation.
• Demonstrated ability to collaborate across functional areas to resolve complex issues
• Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
• Ability to communicate clearly, concisely and insightfully

Preferred Qualifications

• MBA degree, with a Finance focus
• Diversified product structuring/underwriting/portfolio management experience

The base salary for this position is $200,000.

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.

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• a 401k plan
• 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment
• 10 sick days (also prorated)
• paid holidays
• defined benefit pension plan
• restricted stock units
• deferred compensation plan

For more details on Truists generous benefit plans, please visit our Benefits site.

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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