SBDS Asset Manager Team Lead – Small Business Workouts

Truist Financial

Alpharetta (GA)

On-site

USD 120,000 - 160,000

Full time

14 days+

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Job summary

Truist Financial Corporation is seeking a Senior Manager to lead the Small Business Default Solutions Asset Managers team in the United States. You will drive repayment and resolution strategies for criticized and classified small business loans, ensuring proper risk ratings and portfolio performance.

Ideal candidates have extensive banking experience, strong leadership, and proficiency in financial analysis.

Qualifications

Bachelor's degree in business, finance, or banking or comparable education and related training.
10 years commercial banking or equivalent experience, with at least 5 years of loan workout or problem loan resolution experience.
Minimum of 7 years of management experience.
Superior negotiation, communication, interpersonal, financial analysis and problem solving skills.
Proven ability to manage multiple priorities under time constraints.
Proficiency in basic computer applications, including Microsoft Office software.

Responsibilities

Assign and manage the workload of SBDS Asset Managers to ensure a balanced portfolio.
Provide leadership and coaching to SBDS Asset Managers for repayment and resolution strategies on troubled loans.
Ensure risk ratings, accrual status, and asset carrying values are appropriate.
Co-approve credit requests, non-accruals, and charge-offs within authority.
Develop risk management culture through coaching, feedback, and bank credit culture support.
Assist with complex credit analysis and negotiations to mitigate losses on loans.
Evaluate personnel for employment, training, performance, and staffing needs.
Provide monthly forecasting certifications for non-performing assets, losses, and OREO transfers.
Coordinate with other units to mitigate risk and align with bank policies.