SBDS Asset Manager Team Leader

Truist; Orlando (FL); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D

401k

Vacation days

Sick days

Paid holidays

Job summary

Truist is seeking a senior leader to manage a team of Small Business Default Solutions Asset Managers, driving repayment strategies for criticized and classified loans. The role requires deep banking experience, strong negotiation and risk-management skills, and a track record of building effective teams.

The position emphasizes ensuring accurate risk ratings, coordinating with other units, and mentoring staff while aligning with bank policy and macroeconomic changes.

Qualifications

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

Responsibilities

• Assign and manage the workload of SBDS Asset Managers on the team to ensure a balanced portfolio.
• Provide leadership and coaching to SBDS Asset Managers in identifying and implementing repayment and resolution strategies for criticized and classified loans.
• Ensure risk ratings, accrual status, and asset carrying values are accurate for assigned area.
• Co-approve credit requests, non-accruals, and charge-offs within authority levels.
• Develop risk management culture through coaching, feedback, and support of the Bank's credit culture.
• Assist with complex credit analysis and negotiations to mitigate losses in challenging commercial lending relationships; may involve debt restructuring, bankruptcies, liquidations, or foreclosures.
• Evaluate personnel regarding employment, training, performance, salary changes, promotions, transfers, and staffing.
• Provide monthly forecasting for non-performing assets, losses, and OREO transfers.
• Coordinate with other Business Lending Units to mitigate risk and address cross-unit issues.
• Stay updated on Bank Policy and evolving economic developments affecting the loan portfolio and profitability.

Skills

Negotiation

Communication

Interpersonal skills

Financial analysis

Problem solving

Education

Bachelor's degree in business/finance/banking

Master's degree (preferred)

Tools

Microsoft Office

Job description

Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Manage and provide leadership to a team of Small Business Default Solutions Asset Managers, with a goal of maximizing return on a portfolio of CSBB Small Business criticized and classified loans in accordance with Bank policy, procedures, and strategic goals.

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.

• Assign and manage the workload of SBDS Asset Managers on the team to ensure a balanced portfolio.
• Provide leadership and coaching to SBDS Asset Managers in their identification and implementation of effective repayment and resolution strategies for criticized and classified small business loans.
• Responsible for ensuring that risk ratings, accrual status, and asset carrying values are appropriate for assigned area of responsibility.
• Co-approve credit requests, non-accruals, and charge-offs within established authority levels.
• Develop effective risk management culture for assigned team through leadership which includes coaching and counseling, feedback, and reinforcement, as well as support of the Bank's credit culture.
• Assist Asset Managers with highly complex credit analysis and negotiations to prevent or mitigate losses to the Bank for the most complicated commercial lending relationships within the assigned territory. This often involves the restructuring of debt or working through bankruptcies, liquidations and/or foreclosure actions.
• Evaluate and make recommendations for assigned personnel regarding employment, training (initial and ongoing), performance rating, salary changes, promotions, transfers, terminations, career enhancement, and staffing levels.
• Provide monthly certification of specific forecasting for non-performing assets, losses, and OREO transfers.
• Ensure direct reports are working cooperatively and effectively in a consultative or shadowing role with teammates from other Business Lending Units throughout the Bank, when required, in order to mitigate risk. Provide leadership with any issues that may arise with other Business Lending Units.
• Keep abreast of Bank Policy and changing business and economic developments which impact the loan portfolio, profitability, and banking in general.

Qualifications

Required Qualifications

• Bachelor's degree in business, finance, or banking or comparable education and related training.
• A minimum of 10 years commercial banking or equivalent experience, with at least 5 years of loan workout or problem loan resolution experience.
• A minimum of 7 years of management experience
• Superior negotiation, communication, interpersonal, financial analysis and problem solving skills
• Demonstrated ability to handle multiple priorities under time constraints.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Preferred Qualifications

• Master's degree in business administration, finance, or banking.
• 15 years of experience in commercial banking, loan workout, and/or relationship management.
• Graduate Banking School

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 offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. 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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