REMOTE - Managing Director, Transaction Management - Lender Finance

Huntington Bancshares, Inc.; Pennsylvania; On-site; USD 190,000 - 255,000; Full time

Benefits offered by this job

Health Insurance

Wellness Program

Life Insurance

Disability Insurance

Retirement Savings Plan

Paid Leave Programs

Paid Holidays

Paid Time Off (PTO)

Job summary

An established industry player is seeking a Managing Director for Transaction Management in Lender Finance. This pivotal role involves leading a team of Transaction Managers, overseeing the underwriting of new and existing transactions, and ensuring the team supports the bank's growth while maintaining a well-managed business. The ideal candidate will have over 10 years of experience in commercial banking, particularly in asset-backed finance, along with strong credit knowledge and financial modeling skills. Join a forward-thinking company that values teamwork and individual excellence, and contribute to driving growth in revenue and assets.

Qualifications

• 10+ years of experience in commercial banking with asset-backed finance underwriting.
• Strong credit knowledge and financial modeling skills.

Responsibilities

• Manage the Transaction Management team and allocate transactions.
• Lead customer relationship management and underwriting new opportunities.

Skills

Credit Knowledge

Financial Modeling

Customer Relationship Management

Negotiation Skills

Education

Bachelor’s Degree in Finance

MBA

Job description

Description

Summary:

Lender Finance originates both recourse and non-recourse transactions for commercial and consumer specialty finance companies. This line of business focuses on driving growth in revenue and assets for the bank, leading newly structured transactions as well as participating in other banks’ transactions.

The Managing Director, Transaction Management – Lender Finance is responsible for managing the team of Transaction Managers, working with internal partners to manage the underwriting of new transactions as well as changes to existing transactions. This role will contribute to helping the Lender Finance team balance supporting the Commercial Bank’s growth while ensuring a scalable, well-managed business.

Duties and Responsibilities:

• Manage the Transaction Management team; work with the Head of Lender Finance to allocate transactions to colleagues on the team.
• Lead and execute Transaction Manager responsibilities including customer relationship management, negotiations support, underwriting new opportunities, and managing documentation as well as due diligence for existing transactions.
• Conduct research using numerous resources available, distilling key themes and conclusions into concise summary form for presentation purposes.
• Work with the Head of Portfolio Management to ensure risk reviews/ratings are completed on a timely basis.
• Act as the internal conduit with Credit Officers and Credit Review.
• Manage any reporting (regulatory or otherwise) requests asked of the Lender Finance line of business.
• Perform other duties as assigned.

Basic Qualifications:

• Bachelor’s degree in finance, accounting, economics or related field.
• 10+ years’ experience in commercial banking with direct asset-backed finance underwriting experience.
• Strong credit knowledge and financial modeling skills.
• Previous management experience.

Preferred Qualifications:

• Strong written and verbal communication skills.
• MBA preferred.
• Motivated with desire and ability to excel in a team and individual work environment.

Compensation Range: $190,000 - $255,000 Annual Salary

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, 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 and paid time off (PTO).

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.