JobMesh

ABL Portfolio Management Executive Director

Fifth Third Bank · Chicago, Illinois, US

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...

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. The listed locations are preferred; we will consider applicants in other markets. GENERAL FUNCTION: The Senior Director, ABL Portfolio Management participates in the execution and achievement of the Fifth Third Commercial Bank’s Asset Based Lending (ABL) strategic initiatives through day-to-day relationship management of the most complex portfolio of ABL customers. The Senior Director, ABL Portfolio Management is the primary member of the ABL coverage team, managing all aspects of the ABL transaction. Senior Directors are expected to be intimately involved in the deal process, making recommendations on appropriate credit structures, collateral matters, risk ratings, etc. Senior Directors are directly accountable for managing a portfolio of accounts through review of financial statements, collateral reporting (including borrowing base certificates, inventory and fixed asset appraisals and field exams), and partnership with Relationship Managers. Responsible and accountable for risk by openly exchanging ideas and opi...