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Job description
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Regular or Temporary
Regular
Language Fluency
English (Required)
Work Shift
1st shift (United States of America)
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
Manage/mitigate credit risk of ABL portfolio transactions.
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.
Understand and adhere to various 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 pre-approved risk tolerance levels.
Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
Work closely with and develop junior talent.
Demonstrate Truist culture and values.
Required Qualifications
BA/BS degree
11-15 years of related work experience
Solid subject matter expertise including knowledge of industry drivers, product positioning, structuring and risk mitigation.
Demonstrated ability to collaborate across functional areas to resolve complex issues
Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
Ability to communicate clearly, concisely and insightfully
Preferred Qualifications
MBA degree, with a Finance focus
Diversified product structuring/underwriting/portfolio management experience
The annual base salary for this position is $200,000.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation
medical
dental
vision
life insurance
disability
accidental death and dismemberment
tax-preferred savings accounts
a 401k plan to teammates
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
10 sick days (also prorated)
paid holidays
defined benefit pension plan
restricted stock units
deferred compensation plan
For more details on Truist’s generous benefit plans, please visit our Benefits site.
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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Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.