Senior SBDS Asset Management Team Lead – Loan Workouts

TalentAlly; Florida; On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) plan

Paid holidays

Job summary

Truist Financial Corporation seeks a senior leader to manage a team of SBDS Asset Managers focused on maximizing returns from a portfolio of criticized and classified small business loans. You will shape strategy, coach staff, and ensure compliance with bank policy while directing complex negotiations and restructurings.

The role requires the ability to co-approve credit actions, monitor risk metrics, and work with cross-functional units to mitigate losses.

Qualifications

• Bachelor’s degree in business, finance, or banking or comparable education.
• 10+ years commercial banking or equivalent experience, with 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.
• Ability to handle multiple priorities under time constraints.
• Proficiency in basic computer applications, such as Microsoft Office software.

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 repayment and resolution strategies for criticized and classified loans.
• Ensure risk ratings, accrual status, and asset carrying values are appropriate for the area.
• Co-approve credit requests, non-accruals, and charge-offs within authority levels.
• Develop risk management culture through leadership, coaching, and feedback.
• Assist Asset Managers with complex credit analysis and negotiations to mitigate losses.
• Evaluate personnel decisions including training, performance, salaries, and staffing.
• Provide monthly forecasting for non-performing assets, losses, and OREO transfers.
• Coordinate with other units to mitigate risk and address issues across the bank.
• Stay current with bank policy and macroeconomic trends affecting the loan portfolio.

Skills

Negotiation

Communication

Interpersonal skills

Financial analysis

Problem solving

Education

Bachelor’s degree in business, finance, or banking

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

Tools

Microsoft Office

Job description

Truist Financial Corporation seeks a senior leader to manage a team of SBDS Asset Managers focused on maximizing returns from a portfolio of criticized and classified small business loans. You will shape strategy, coach staff, and ensure compliance with bank policy while directing complex negotiations and restructurings.

The role requires the ability to co-approve credit actions, monitor risk metrics, and work with cross-functional units to mitigate losses.