INTG Director, ABL Operations

Fifth Third; Illinois; Hybrid; USD 155,000 - 334,000; Full time

Job summary

Fifth Third Bank is seeking a Director of ABL Operations to lead the operational infrastructure for the Bank's Asset Based Lending portfolio and commercial loans with borrowing bases. You will oversee collateral operations, risk management, servicing processes, vendor oversight, regulatory compliance, controls, and technology initiatives while guiding a high-performing team.

The role partners with Credit, Portfolio Management, Originations, Underwriting, Relationship Management, Risk, Audit, and

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 10+ years of banking, commercial finance, asset-based lending, or related financial services experience.
• 5+ years of people leadership experience.
• Experience managing operational risk, controls, and regulatory compliance programs.
• Experience leading cross-functional projects and operational change initiatives.
• Demonstrated success managing large-scale operational processes and teams.

Responsibilities

• Develop and execute the operational strategy for ABL servicing and collateral management.
• Align operational capabilities with business growth objectives.
• Lead operational integration efforts associated with acquisitions, portfolio purchases, and mergers.
• Ensure adherence to regulatory requirements, internal policies, and operational risk standards.
• Oversee issue management, audit remediation, business continuity planning, and control effectiveness.
• Maintain governance over access management and operational approvals.
• Direct all ABL servicing, collateral monitoring, and structural services activities, including onboarding and portfolio boarding.
• Establish scalable operating procedures and performance standards.
• Drive continuous process improvement and operational efficiency initiatives.
• Own operational systems strategy and roadmap.
• Lead system implementations, upgrades, and conversions.
• Manage relationships with third-party vendors and service providers.
• Serve as a key liaison among ABL leadership, Risk, Audit, Finance, Operations, and Technology.
• Provide reporting, analytics, and operational insights to senior management.
• Build, develop, and retain a high-performing operations team.
• Establish succession planning and leadership development programs.
• Complete analysis for gearing and budgeting for the Head of ABL.
• Identify cost-saving and efficiency opportunities.
• Establish and monitor KPIs and SLAs.
• Lead organizational change initiatives and ensure adoption of new processes and technologies.
• Support regulatory examinations and respond to examiner inquiries.

Skills

Operational Leadership

Risk Management

Strategic Thinking

Stakeholder Management

Change Leadership

Financial Acumen

Data & Analytics

Education

Bachelor's degree in Finance, Accounting, Business Administration, or related field

Tools

Collateral Monitoring Platforms

Job description

Make banking a Fifth Third better® We connect great people to great opportunities. Discover a career in banking at Fifth Third Bank.

About the role

The Director of ABL Operations leads the operational infrastructure supporting the Bank's Asset Based Lending portfolio and commercial loans with borrowing bases. This role is responsible for collateral operations, operational risk management, servicing processes, vendor oversight, regulatory compliance, operational controls, technology initiatives, and team leadership. The Director partners closely with Credit, Portfolio Management, Originations, Underwriting, Relationship Management, Risk, Audit, and Technology teams to ensure scalable, efficient, and compliant operations supporting portfolio growth. Please see below for specific responsibilities and requirements for this role.

Your responsibilities

• Strategic Leadership o Develop and execute the operational strategy for ABL servicing and collateral management.
• Strategic Leadership o Align operational capabilities with business growth objectives.
• Strategic Leadership o Lead operational integration efforts associated with acquisitions, portfolio purchases, and mergers.
• Risk & Controls o Ensure adherence to regulatory requirements, internal policies, and operational risk standards.
• Risk & Controls o Oversee issue management, audit remediation, business continuity planning, and control effectiveness.
• Risk & Controls o Maintain governance over access management and operational approvals.
• Operations Management o Direct all ABL servicing, collateral monitoring, and structural services activities, including collateral monitoring system administration and maintenance, deal onboarding, facility implementation, all balancing functions, system setup, and portfolio boarding.
• Operations Management o Establish scalable operating procedures and performance standards.
• Operations Management o Drive continuous process improvement and operational efficiency initiatives.
• Technology & Vendor Management o Own operational systems strategy and roadmap.
• Technology & Vendor Management o Lead system implementations, upgrades, and conversions.
• Technology & Vendor Management o Manage relationships with third-party vendors and service providers.
• Executive Partnership o Serve as a key liaison among ABL leadership, Risk, Audit, Finance, Operations, and Technology.
• Executive Partnership o Provide reporting, analytics, and operational insights to senior management.
• Talent Leadership o Build, develop, and retain a high-performing operations team.
• Talent Leadership o Establish succession planning and leadership development programs.
• Financial Management o Complete analysis for gearing and other inputs for the Head of ABL to complete financial analysis and budgeting.
• Financial Management o Identify cost-saving and operational efficiency opportunities.
• Performance Management o Establish and monitor key performance indicators (KPIs) and service level agreements (SLAs).
• Performance Management o Use metrics to drive accountability and continuous improvement.
• Change Management o Lead organizational change initiatives and ensure successful adoption of new processes and technologies.
• Regulatory Engagement o Support regulatory examinations and respond to examiner inquiries when required.
• Other Duties: Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team’s and the company’s mission.

Minimum requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• 10+ years of banking, commercial finance, asset-based lending, or related financial services experience.
• 5+ years of people leadership experience.
• Experience managing operational risk, controls, and regulatory compliance programs.
• Experience leading cross-functional projects and operational change initiatives.
• Demonstrated success managing large-scale operational processes and teams.

Required skills

• Operational Leadership Leading complex banking operations and servicing functions.
• Risk Management Identifying, assessing, monitoring, and mitigating operational and regulatory risks.
• Strategic Thinking Translating business objectives into operational execution plans.
• Stakeholder Management Influencing senior leaders and cross-functional partners.
• Change Leadership Driving transformation initiatives and process improvements.
• Financial Acumen Understanding commercial lending structures, collateral monitoring, and portfolio performance.
• Data & Analytics Leveraging operational metrics to support decision-making.

Skills for success

• Including, but not limited to:
• Asset-based lending industry expertise.
• Experience with collateral monitoring platforms.
• M&A integration experience.
• Lean/Six Sigma certification.
• Advanced data analytics or reporting experience.
• Experience leading geographically dispersed teams.
• Exposure to regulatory examinations and audit management.

Doing the right thing

Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets —including you.

Total base pay range

155,100.00 - 333,500.00 USD Annual

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

Virtual, Illinois 00000

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.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.