Truist Bank
Employment Type
Regular
Language Fluency English (Required)
Work Shift 1st shift (United States of America)
Job Overview Manage a portfolio of Asset Based Lending (ABL) transactions for overall credit quality, collateral monitoring, financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage ABL loans, meet client needs, and perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality, and other financial objectives. Teammates should have strong written and verbal communication skills.
Essential Duties and Responsibilities
Manage and mitigate credit risk of ABL portfolio transactions.
Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals, and maintain regulatory requirements.
Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
Restructure and manage problem loans with input from risk partners.
Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
Work closely with and develop junior talent.
Demonstrate Truist culture and values.
Required Qualifications
BA/BS degree.
4-7 years of related work experience.
Strong technical skills including financial analysis, modeling, and presentation.
Strong interpersonal skills which foster teamwork, trust, and accountability.
Preferred Qualifications
MBA degree with Finance focus.
Prior experience as analyst in a financial institution.
The annual base salary for this position is $120,000 - $150,000.
Benefits All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401(k) plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non‑temporary position for which you apply, based on full‑time or part‑time status, position, and division of work.
Equal Opportunity & Compliance Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
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Language Fluency English (Required)
Work Shift 1st shift (United States of America)
Job Overview Manage a portfolio of Asset Based Lending (ABL) transactions for overall credit quality, collateral monitoring, financial analysis, risk mitigation while adhering to all operational/regulatory compliance. Work closely with Truist clients to manage ABL loans, meet client needs, and perform ongoing portfolio monitoring within Truist risk tolerances. Actively work with other functional groups to ensure ABL attains its revenue, income, credit quality, and other financial objectives. Teammates should have strong written and verbal communication skills.
Essential Duties and Responsibilities
Manage and mitigate credit risk of ABL portfolio transactions.
Complete on-time, accurate, well-articulated amendment memos, trend cards, and problem loan reports; maintain risk ratings and financial spread; maintain credit files, manage collateral diligence including review and analysis of field exams and appraisals, and maintain regulatory requirements.
Understand and adhere to various Truist policies, processes, procedures and regulatory requirements.
Restructure and manage problem loans with input from risk partners.
Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
Work closely with and develop junior talent.
Demonstrate Truist culture and values.
Required Qualifications
BA/BS degree.
4-7 years of related work experience.
Strong technical skills including financial analysis, modeling, and presentation.
Strong interpersonal skills which foster teamwork, trust, and accountability.
Preferred Qualifications
MBA degree with Finance focus.
Prior experience as analyst in a financial institution.
The annual base salary for this position is $120,000 - $150,000.
Benefits All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax‑preferred savings accounts, and a 401(k) plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full‑time or part‑time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non‑temporary position for which you apply, based on full‑time or part‑time status, position, and division of work.
Equal Opportunity & Compliance Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
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