Senior SBDS Asset Management Lead

Truist; Monet (FL); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) plan

Paid vacation and holidays

Life insurance and disability

Job summary

Truist Financial Corporation in the United States seeks a senior leader to manage a team of Small Business Default Solutions Asset Managers. The role aims to maximize returns on a portfolio of criticized and classified small business loans in line with Bank policy and strategy.

The candidate will coach the team, approve complex credit actions, and foster a strong risk management culture while coordinating with other lending units to mitigate losses and support the Bank's credit initiatives.

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.

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 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.

Skills

Negotiation

Communication

Interpersonal skills

Financial analysis

Problem solving

Leadership

Education

Bachelor's degree in business, finance, or banking

Master's degree in business administration, finance, or banking

Tools

Microsoft Office

Credit analysis software

Job description

Truist Financial Corporation in the United States seeks a senior leader to manage a team of Small Business Default Solutions Asset Managers. The role aims to maximize returns on a portfolio of criticized and classified small business loans in line with Bank policy and strategy.

The candidate will coach the team, approve complex credit actions, and foster a strong risk management culture while coordinating with other lending units to mitigate losses and support the Bank's credit initiatives.