Onsite Group Manager, ABL Portfolio Management

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About the role

  • Group Manager responsible for managing ABL Portfolio Management team at Fifth Third Bank. Focused on advising clients, developing strategies, and ensuring effective management of portfolios.

Responsibilities

  • Manage a team of Portfolio Managers
  • Advise, review, and assist Portfolio Managers in managing clients
  • Develop and execute strategies for problem clients
  • Implement measurable goals for Portfolio Managers
  • Review and approve initial approval of credit requests
  • Advise on pricing strategies and overall credit structure to reduce risk
  • Provide support to commercial lenders with problem loans
  • Review, approve, and present all watch asset reports to the bank watch asset committee
  • Develop and maintain internal relationships and act as a senior point of contact

Requirements

  • Bachelor's Degree required, preferably in finance, accounting or business
  • Advanced degree in business or Law would be a plus
  • At least 20 years of experience in ABL Portfolio Management and field examination
  • Strong understanding of the legal environment underpinning ABL,including but not limited to, knowledge of contract law, the Uniform Commercial Code, and federal bankruptcy laws
  • Strong knowledge financial statement analytical and accounting skills are required
  • Thorough understanding and knowledge of large syndicated transactions both as an Agent and as a participant
  • Must be able to communicate well to employees, clients and to others within the bank
  • Knowledge of computers systems including Microsoft Office suite and proprietary software products used in support of the business.

Benefits

  • Comprehensive benefits programs
  • Differentiated compensation offerings

Job title

Group Manager, ABL Portfolio Management

Job type

Experience level

SeniorLead

Salary

$155,100 - $333,500 per year

Degree requirement

Bachelor's Degree

Location requirements

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