Senior 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 Banking, Asset Based LendingIndustries

Requirements

Intimately involved in the deal process, making recommendations on appropriate credit structures, pricing, etc
Directly accountable for managing the most complex portfolio of accounts through review of financial statements, collateral reporting (including borrowing base certificate analysis, appraisals of M&E and Real Estate, and additional 3rd party work such as Field Exams), proactive monitoring, and partnership with Relationship Managers
Accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures
Ensures actions and behaviors drive a positive customer experience while operating within the Bank's risk appetite, consistently identifying, assessing, managing, monitoring, and reporting risks of all types
Able to independently attend client meetings with assigned clients and work independently on complex clients and workouts
Understanding of the ABL legal environment including a basic understanding of secured transaction laws and creditor rights, with a strong interest in further developing that knowledge
Focus on continuous learning to keep up with ever-changing market dynamics
Supervisory responsibilities: providing employees timely, candid and constructive performance feedback, developing employees to their fullest potential, providing challenging opportunities for career growth, developing talent pool for bench strength and succession planning, recognizing and rewarding employees

Responsibilities

Manages the ongoing credit risk of the most 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, to ensure customer satisfaction and retention
Ensures ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts
Develops and maintains internal relationships with the coverage team including Relationship Managers/Credit Risk Officers
Develops and executes appropriate strategies for problem clients with minimal supervision
Maintains up to date trend cards/portfolio review forms, credit files, and legal files through the department's resources
Captures and documents credit decisions, conditions, and modifications
Notes negative trends early and strategizes best solutions for the bank through maintaining trend cards/portfolio review forms, preparing and presenting credit write-ups and watch asset reports
Consistently evaluates/updates risk rating analysis including overall ratings, PD, and LGD
Monitors timeliness of reporting, tickler information, and ensures the bank has accurate information to make decisions; acts as expert on the accounts and their credit files
Mentors more junior team members including Credit Analysts, Associates, Principals, and Directors
Performs additional job-related duties as assigned

Skills

Asset Based Lending

ABL Portfolio Management

Credit Risk Management

Borrowing Base Certificate Analysis

Field Exams

Appraisals

Financial Statement Review

Collateral Monitoring

Relationship Management

Credit Structuring

Pricing Analysis

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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