Vice President, ABL Asset Manager 2

Truist Bank; Georgia; On-site; USD 149,000 - 182,000; Full time

Job summary

Truist Financial Corporation seeks an experienced professional to manage a portfolio of Asset Based Lending (ABL) transactions, ensuring credit quality, collateral monitoring, and risk controls. You will work closely with Truist clients to meet their needs and perform ongoing portfolio monitoring within risk tolerances.

Collaborate with originations, structuring, legal, and risk partners to align objectives, while developing junior talent and upholding Truist values and culture.

Qualifications

• BA/BS degree is required.
• 7–11 years of related work experience.
• Strong technical skills, including financial analysis and modeling.
• Demonstrated analytical skills to distill complex data into concise issues.
• Strong interpersonal skills that foster teamwork, trust and accountability.

Responsibilities

• Manage/mitigate credit risk of ABL portfolio transactions.
• Prepare amendment memos, trend cards, and problem loan reports; maintain risk ratings and credit files.
• Understand and adhere to Truist policies, processes, procedures and regulatory requirements.
• Restructure and manage problem loans with input from risk partners.
• Manage ABL credit, operational and market risk within approved risk tolerance levels.
• Collaborate with originations, structuring, legal, compliance and risk partners to align objectives.
• Develop junior talent.
• Demonstrate Truist culture and values.

Skills

Financial analysis

Financial modeling

Analytical skills

Interpersonal skills

Cross-functional collaboration

Education

BA/BS degree

MBA degree (Finance)

Job description

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Regular or Temporary

Regular

Language Fluency: English (Required)

Work Shift

1st shift (United States of America)Please review the following job description:

Manage a portfolio of Asset Based Lending (ABL) transaction for the overall credit quality, collateral monitoring financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage the ABL loans, meet client needs and to perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality and other financial objectives. Teammates should have strong written and verbal communication skills.

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.

1. 1. Manage/mitigate credit risk of ABL portfolio transactions.
2. 2. Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals and maintain regulatory requirements.
3. 3. Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
4. 4. Restructure and manage problem loans with input from risk partners.
5. 5. Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
6. 6. Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
7. 7. Work closely with and develop junior talent.
8. 8. Demonstrate Truist culture and values.

Required Qualifications

• 1. BA/BS degree
• 2. 7-11 years of related work experience
• 3. Strong technical skills, (including financial analysis, modeling,)
• 4. Demonstrated analytical skills - ability to distill complex data into concise and relevant issues.
• 5. Strong interpersonal skills which foster teamwork, trust and accountability
• 6. Demonstrated ability to collaborate across functional areas to facilitate execution

Preferred Qualifications

• 1. MBA degree, with a Finance focus
• 2. Diversified product structuring/underwriting/portfolio management experience

The annual base salary for this position is $165,000.

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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