Fifth Third Bank

Director, Asset Based Lending

Fifth Third Bank

full-time

Posted on:

Origin:  • 🇺🇸 United States • Illinois, Ohio

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Salary

💰 $119,500 - $256,900 per year

Job Level

Lead

About the role

  • The team will be responsible for pitching, structuring, and executing ABL transactions to targeted Fifth Third clients.
  • Responsible for carrying out day-to-day coverage, origination support, and transaction management responsibilities for existing and prospective clients including covered Sponsors.
  • Manages and prioritizes a pipeline of ABL financing opportunities.
  • Performs loan structuring, underwriting due diligence and prepares presentation materials of credit for approval.
  • Establishes strong working partnerships and routines with key internal partners including loan operations, treasury, and portfolio management.
  • Manages third party relationships with attorneys, appraisers, field examiners, consultants and investment bankers.
  • Leverages extensive knowledge of asset-based lending and capital markets activity to provide guidance on and effectively work with internal and external constituents to identify and recommend solutions to underwriting and business issues through timely and effective communication.
  • Understands and complies with all Bank policies and procedures, and federal and state laws and regulations pertinent to this position; stays informed and shares updates on changes with management.
  • Required to successfully complete all required compliance training.

Requirements

  • Bachelor's degree required (MBA a plus), ideally with concentration in Business, Finance or Accounting.
  • 8+ years credit analysis and/or loan review or underwriting experience in Commercial Banking.
  • 5+ years Asset-Based Lending in underwriting or portfolio management or field examination; or equivalent combination of education and experience.
  • Extensive knowledge of asset-based lending, private equity, capital markets, merger and acquisition structures, and experience with credit analysis is required.
  • Thorough knowledge of credit policies, procedures, and terminology.
  • Strong interpersonal and relationship building skills.
  • Demonstrable success originating and executing complex financial transactions.
  • Advanced analytical skills (including financial and collateral analysis), critical thinking and verbal and written communication skills.
  • Professional presence (client-facing).
  • To perform this job successfully, an individual should have intermediate knowledge of Word and Excel spreadsheet software.
  • Proficient with technology and ability to learn new applications including commercial loan administration systems.