Director - Asset Based Lending Sponsor and Capital Markets

0101 The Huntington National Bank; Chicago (IL); On-site; USD 93,000 - 217,000; Full time

Benefits offered by this job

Health insurance coverage

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays

PTO

Job summary

Huntington is seeking a Director of Asset-Based Lending (ABL) Sponsor & Capital Markets to source, structure, and close private equity owned ABL opportunities across multiple offices, including Chicago. The role drives market penetration while ensuring disciplined credit and high-quality client experiences.

Responsibilities include leading market strategy, business development, and deal execution, collaborating with internal partners and sponsors, and ensuring compliance with credit standards.

Qualifications

• Bachelor’s Degree.
• 7+ years of asset-based lending, sponsor lending, finance, and/or capital markets experience.
• Deep understanding of private equity-backed transactions and capital markets and syndication processes.

Responsibilities

• Market Strategy & Leadership: sourcing and closing private equity owned asset-based loans.
• Business Development & Relationship Management: new business origination and managing relationships with sponsors, banks, and advisers.
• Deal Execution & Credit Process: underwriting prep and credit approvals.
• Internal Collaboration: cross-team communication and pipeline reporting.

Skills

Market Strategy

Leadership

Business Development

Relationship Management

Deal Execution

Credit Process

Negotiation

Education

Bachelor's Degree

Job description

Description This role can be located in our Chicago, Charlotte, Dallas, or New York offices.

Summary The Director of Asset-Based Lending (ABL) Sponsor & Capital Markets focus on sourcing, structuring, and closing (i) Admin Agency and Sole Bank asset‑based lending opportunities owned by Private Equity(\u2018sponsor\u2019) firms. This role is responsible for executing strategic growth initiatives, developing and maintaining strong relationships with (i) internal Sponsor Coverage & Capital Markets partners, (ii) directly with private equity sponsors, and intermediaries, and, (iii) partnering with internal credit, and product teams to deliver high‑quality financing solutions. The Team Lead drives market penetration while ensuring disciplined credit, efficient execution, and a best‑in‑class client experience.

Duties and Responsibilities

• Market Strategy & Leadership Responsible for sourcing and closing private equity owned asset-based loans. Works with the Managing Director of Sponsor & Capital Markets Coverage as a key point of contact for internal partners including Sponsor Coverage, Capital Markets, and ABL leadership teams. Executes Huntington\u2019s private equity ABL growth strategy, aligning with broader corporate goals and partnership.
• Business Development & Relationship Management New business origination, including prospecting, sponsor coverage (internal and external), and deal sourcing. Manage and grow strategic relationships with internal partners, private equity firms, investment banks, financial advisors, and other market influencers. Organizes and executes calling efforts, marketing initiatives, including networking events, sponsor roadshows, and Huntington-branded programming. Ensure consistent and high-quality outreach activity within assigned markets.
• Deal Execution & Credit Process Manage underwriting preparation, including review and refinement of prescreens, proposal letters, and detailed underwriting materials. Manage the credit approval process, participating in credit committees and collaborating with underwriting and relationship and portfolio teams. Collaborate with relationship and portfolio teams in documentation negotiation and ensures all conditions precedent are satisfied prior to closing. Ensures that deal structures appropriately balance sponsor objectives with Huntington\u2019s credit standards.
• Internal Collaboration Builds and maintains strong internal relationships with internal bank partners including Sponsor Coverage, Capital Markets, Credit, Relationship & Portfolio Management, and product specialists. Facilitates communication across teams to ensure seamless execution of transactions. Ensure consistent pipeline reporting, forecasting, and transparent communication with ABL and bank leadership.
• Compliance & Governance Ensures all team activities comply with regulatory requirements, internal policies, and risk frameworks. Identifies emerging market risks and trends, advising leadership on potential impacts and strategic adjustments.
• Other Performs other duties as assigned.

Basic Qualifications

• Bachelor\u2019s Degree.
• 7+ years of asset-based lending, sponsor lending, finance, and\/or capital markets experience.
• Deep understanding of private equity-backed transactions and capital markets and syndication processes.
• Independent ability to negotiate complex sole and administrative agent asset-based lending capital structures including: ABL only, ABL and Split Lien Term Loans (private credit and syndicated markets), ABL and Bond, ABL and Junior Capital and ABL First Out in a Uni-Tranche structure.
• Strong negotiation skills, including documentation and structuring expertise.
• Excellent communication and executive-level presentation skills.
• Demonstrated ability to build and maintain long-term internal partner, sponsor, and intermediary relationships.

Preferred Qualifications

• 10+ years of experience within asset-based lending, sponsor finance, leveraged finance, and\/or capital markets.
• #LI-DK1 #CML

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes

Workplace Type: Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We\u2019re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range: $93,000 - $217,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.

Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

Huntington provides a variety of benefits to colleagues, including

• health insurance coverage
• wellness program
• life and disability insurance
• retirement savings plan
• paid leave programs
• paid holidays
• paid time off (PTO)

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington\u2019s Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

Welcome to Huntington! At Huntington, we look out for people. From reinventing banking with game-changing innovations to building an internal culture that creates lifelong bonds, together, we can make people\u2019s lives better. And amazing things happen when we look out for each other. We prove it every day. Whether it’s helping a colleague or collaborating on a new tool that will revolutionize the way you save money, our actions can have a huge impact. Our colleagues look out for people with a Can‑Do Attitude, Service Heart and Forward Thinking. Those are our values—simple but powerful. Each of them pushes us do the right thing, to do right by people. Because people are what matter. If that sounds like you, we hope you\u2019ll apply to join our team. If you\u2019d like to learn more about how Huntington looks out for people, visit https://www.huntington.com/lookingout

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Reasonable Accommodations

Various methods will be used throughout the recruitment process to verify candidate authenticity. Any interviews conducted virtually must be joined from a distraction-free environment, with the candidate on camera and without the use of virtual backgrounds.