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ABL Senior Director

Company: Fifth Third
Location: Riverside
Posted on: November 19, 2022

Job Description:

Make banking a Fifth Third better -We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.***Can consider qualified candidates in multiple geographies within the Fifth Third Bank footprint***GENERAL FUNCTION: - The ABL Senior Director participates in the execution and achievement of the Middle Market Banking Group's strategic initiatives through day-to-day relationship management of a portfolio of ABL customers as the primary contact and contributes to the group's profit objectives by participating in the retention, amendment, and renewal process of existing accounts within the assigned portfolio.The role is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Manages the ongoing credit risk of a portfolio of ABL relationships and participates in portfolio meetings with senior management.
  • In addition to managing assigned accounts, this position also manages up to four Account Executives and reviews, supervises and assists them with managing the clients and loan portfolios assigned to the Account Executives.
  • Will go out independently on complex client calls.
  • With manager supervision, will meet with accounts proposed to be transferred from Commercial to ABL and execute a successful transfer plan and set and meet client expectations regarding such transfer.
  • Responsible for working on complex deals, including restructurings and acquisitions by client.
  • With manager input, develop and execute appropriate strategies for workouts and problem clients.
  • Ensures ongoing customer satisfaction through managing both the loan structure and customer interface with line and support functions who service their accounts.
  • Retains existing customer relationships designated in a portfolio..
  • Identifies and coordinates the introduction of additional bank products and benefits to existing customers.
  • Maintains up to date trend cards, credit files and legal files through our departments' resources.
  • Notes negative trends early and strategizes best solutions for bank, through maintaining trend cards, preparing and presenting credit write-ups and watch asset reports.
  • Develops and maintains internal relationships following established processes and procedures.
  • Monitors timeliness of reporting, tickler information and ensures bank has accurate information to make decisions and be expert on the accounts and the legal and credit files. Can independently raise legal issues that may affect a specific transaction as to secured transaction laws and creditor rights issues.
  • Performs additional job related duties as assigned.
  • Complies with all applicable federal and state laws and regulations.SUPERVISORY - - RESPONSIBILITIES:Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.#LI-JB1MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
    • Ability to read, analyzes, and interprets general business periodicals, professional journals, technical procedures, or governmental regulations.
    • Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
    • Ability to write reports, business correspondence, and procedure manuals.
    • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
    • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
    • Knowledge of Word and Excel spreadsheet software.
    • Education/Experience: Bachelor's degree in finance, accounting or business preferred from a four-year college or university. At least five years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer; or equivalent combination of education and experience.
    • Prior experience managing simple to medium complex work-outs independently and in assisting on complex workouts.All the above duties and responsibilities are essential job functions for which reasonable accommodation will be made. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. This position description is not to be construed as an exhaustive statement of duties, responsibilities or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodation.ABL Senior DirectorTotal Base Pay Range 113,500.00 - 227,500.00 USD AnnualLOCATION -- Chicago, Illinois 60606Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Keywords: Fifth Third, Riverside , ABL Senior Director, Executive , Riverside, California

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