ABL Asset Management, Director or VP
Company: Truist Inc
Location: Atlanta
Posted on: May 28, 2023
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Job Description:
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you can request a reasonable accommodation. Send an email to
Accessibility
(careers@truist.com?subject=Accommodation%20request)
(accommodation requests only; other inquiries won't receive a
response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Manage the overall credit quality, risk mitigation, workout process
and operational/regulatory compliance associated with Truist's AFG
business. Analyze, structure financial covenants and underwrite
corporate credit risks for certain clients that utilize AFG
securitization loan facilities. Work with Truist clients, AFG
Originations and Coverage Bankers to underwrite corporate credit
risk and to perform ongoing portfolio monitoring and management.
Actively work with other functional groups to ensure AFG attains
its revenue, PPNR, credit quality and other financial objectives.
Total portfolio is $14B in Commitments; approximately 350
relationships including left leads, participations and sole bank
transactions.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job.
Other duties may be performed, both major and minor, which are not
mentioned below. Specific activities may change from time to
time.
Manage/mitigate credit risk of portfolio transactions.
Complete on-time, accurate, well-articulated annual reviews,
amendment memos, trend cards, and CLAR's; maintains MRA quarterly
spreads/PRISM grade reviews; maintains credit files, other
compliance requirements such as monthly tickler attestations,
quarterly/annual credit file reviews and attestations, manage
collateral, review field exams and appraisals.
Attract, retain and develop a team of top credit professionals.
Understand and adhere to various Truist and ABL policies,
processes, procedures and regulatory requirements; ensures policies
and controls are executed; timely completion of all required
Corporate and Business unit training/testing
Restructures or resolves troubled (workout) credits 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.
Demonstrate Truist culture and values.
This position can be located in Atlanta, Charlotte, Chicago, Dallas
or Winston-Salem.
Required Qualifications:
The requirements listed below are representative of the knowledge,
skill and/or ability required. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions.
BA/BS degree
Licenses: Series 79 and 63
11-15 years of related work experience
Solid subject matter expertise including knowledge of industry
drivers, product positioning, structuring and risk mitigation.
Demonstrated ability to collaborate across functional areas to
resolve complex issues
Strong interpersonal skills which foster teamwork, trust,
creativity/innovation and accountability
Ability to communicate clearly, concisely and insightfully
Preferred Qualifications:
MBA degree, with a Finance focus
Diversified product structuring/underwriting/portfolio management
experience
General Description of Available Benefits for Eligible Employees of
Truist Financial Corporation: 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 401k 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 (https://benefits.truist.com/)
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.
Truist supports a diverse workforce and is an Equal Opportunity
Employer that does not discriminate against individuals 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.
EEO is the Law
(https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision
(https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify
(https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)
Keywords: Truist Inc, Atlanta , ABL Asset Management, Director or VP, Executive , Atlanta, Georgia
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