Director, ABL Portfolio Management at Fifth Third Bank

Rosemont, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Commercial BankingIndustries

Requirements

Bachelor's degree in Business (or related field, as text cuts off)
Ability to manage a complex portfolio of ABL relationships, including review of financial statements, collateral reporting (borrowing base certificates, appraisals of M&E and Real Estate, field exams), proactive monitoring
Intimate involvement in deal process, making recommendations on credit structures, pricing
Understanding of ABL legal environment, including secured transaction laws and creditor rights, with interest in further development
Expertise in accounts and credit files, risk rating analysis (overall ratings, PD, LGD)
Focus on continuous learning to keep up with market dynamics
Supervisory skills: providing performance feedback, employee development, succession planning

Responsibilities

Manages ongoing credit risk of a complex portfolio of ABL relationships and participates in portfolio meetings with senior management
Develops and maintains external relationships with assigned customers, including regular client meetings and business development calls; independently attends client meetings (works with manager on complex clients/workouts)
Ensures ongoing customer satisfaction through managing loan structure and customer interface with line/support functions
Develops and maintains internal relationships with coverage team (Relationship Managers/Credit Risk Officers)
Develops and executes strategies for problem clients without supervision
Maintains up-to-date trend cards/portfolio review forms, credit files, and legal files; captures and documents credit decisions, conditions, modifications
Notes negative trends early, strategizes solutions, prepares/presents credit write-ups and watch asset reports
Consistently evaluates/updates risk rating analysis
Monitors timeliness of reporting, tickler information, ensures accurate information for decisions
Mentors junior team members (Credit Analysts, Associates, Principals)
Provides timely, candid, constructive performance feedback; develops employees, ensures bench strength and succession planning
Performs additional job-related duties as assigned
Accountable for risk management, following policies, elevating concerns, driving positive customer experience

Skills

Key technologies and capabilities for this role

Asset Based LendingPortfolio ManagementCredit Risk ManagementFinancial Statement AnalysisBorrowing Base Certificate AnalysisAppraisalsField ExamsRelationship ManagementCredit StructuringCollateral Reporting

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a full-time position.

What are the main responsibilities of the Director, ABL Portfolio Management?

The role involves day-to-day relationship management of a complex portfolio of ABL customers, managing credit risk, reviewing financial statements and collateral reporting, proactive monitoring, and partnering with Relationship Managers.

What skills are needed to manage the ABL portfolio effectively?

Key skills include analyzing borrowing base certificates, appraisals, field exams, credit risk assessment, financial statement review, and developing strategies for problem clients without supervision.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Director position?

A strong candidate should have experience managing complex ABL portfolios, independently handling client meetings and credit decisions, analyzing collateral and risk ratings, and developing strategies for problem clients.

Fifth Third Bank

Provides banking, loans, and wealth management services

About Fifth Third Bank

Fifth Third Bank offers a variety of financial services, including personal and business banking, loans, mortgages, credit lines, and insurance products. Their services cater to individual consumers, small businesses, and commercial clients, providing comprehensive solutions for managing finances. The bank generates revenue through interest on loans, service fees, and commissions from insurance and investment products. Unlike many competitors, Fifth Third Bank emphasizes community engagement and financial education, providing resources to help clients improve their financial literacy. The goal of Fifth Third Bank is to support clients in achieving their financial objectives while fostering a strong connection with the communities they serve.

Cincinnati, OhioHeadquarters

1858Year Founded

IPOCompany Stage

Social Impact, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Paid Sick Leave

Paid Holidays

Performance Bonus

Flexible Work Hours

Risks

Rising interest rates may decrease demand for loans and mortgages.

Competition from fintechs like Robinhood threatens Fifth Third's wealth management sector.

Sophisticated cybersecurity threats pose risks to customer data and trust.

Differentiation

Fifth Third Bank offers comprehensive financial solutions for individuals and businesses.

The bank emphasizes community engagement and financial education for client empowerment.

It provides a wide range of insurance products, including life, health, and disability.

Upsides

Increased demand for digital banking boosts Fifth Third Bank's online service offerings.

Partnerships with fintech enhance technological capabilities and customer experience.

Growing interest in sustainable finance attracts environmentally conscious customers.

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