Asset-Based Lending Specialist

Job Description

The Asset-Based Lending Specialist is responsible for originating, structuring, underwriting, and executing asset-backed commercial credit facilities for domestic and cross-border borrowers. This role focuses on U.S. subsidiaries of multinational corporations and requires strong technical expertise in borrowing base structures, accounts receivable financing, and inventory-backed lending. The Specialist works closely with Relationship Managers, Credit Officers, legal counsel, borrowers, and field examiners to structure transactions, manage credit risk, and maintain a high-quality lending portfolio.

Job Responsibilities

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• Lead the end-to-end execution of asset-based lending transactions, from initial term sheet development through credit committee approval and closing.
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• Structure customized asset-based revolving credit facilities, borrowing base arrangements, accounts receivable purchase facilities, and inventory financing solutions.
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• Conduct detailed financial analysis of corporate borrowers and parent guarantors, evaluating balance sheets, cash flow, liquidity, and operational risks.
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• Review third-party field examination reports, collateral assessments, inventory appraisals, and accounts receivable aging reports to establish appropriate borrowing base formulas.
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• Prepare comprehensive credit risk memorandums and present complex transactions to Credit Officers and Regional Credit Committees.
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• Originate and support domestic and cross-border ABL opportunities, particularly involving U.S. subsidiaries of multinational corporations.
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• Monitor existing facilities for covenant compliance, collateral reconciliations, borrowing base certificates, and periodic collateral audits.
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• Collaborate with Relationship Managers to identify cross-selling opportunities involving treasury management, foreign exchange, trade finance, and debt advisory services.
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• Maintain compliance with applicable state and federal laws, banking regulations, BSA requirements, the bank's Code of Ethics, and internal policies.
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• Travel as required, provide coverage for other positions when requested, and perform additional duties as assigned.
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Qualifications

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• Demonstrated experience in asset-based lending, commercial credit underwriting, or structured commercial lending.
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• Strong technical knowledge of borrowing base mechanics, accounts receivable financing, inventory financing, and asset-backed revolving credit facilities.
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• Experience analyzing corporate financial statements, cash flow, liquidity, collateral quality, and guarantor strength.
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• Experience reviewing field examinations, inventory appraisals, accounts receivable aging reports, and borrowing base certificates.
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• Ability to structure complex credit facilities, prepare detailed credit memorandums, and present transactions to credit committees.
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• Knowledge of cross-border commercial lending and multinational corporate structures, particularly U.S. subsidiaries of international companies.
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• Understanding of credit risk management, covenant compliance, collateral monitoring, and portfolio governance.
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• Ability to communicate effectively with borrowers, Relationship Managers, Credit Officers, legal counsel, and external field examiners.
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• Fluency in spoken and written English and Spanish.
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• Willingness to travel as required and work outside regular business hours when necessary.
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• Ability to comply with applicable banking regulations, internal policies, and ethical standards.
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