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.
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