ABL Portfolio Manager

Job Description

Overview:

A national, technology-enabled specialty finance lender is looking to add a Portfolio Manager to its growing ABL team. The position is focused on managing a generalist portfolio of existing middle-market ABL borrowers. The role works directly with borrowers and closely with business development, underwriting and senior credit leadership. This is an ideal opportunity for a credit professional who can build strong client relationships, hold the line on credit and grow with an expanding platform.

Responsibilities:

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• Manage a portfolio of asset-based lending relationships, generally up to $50MM, across industries such as consumer products, light manufacturing, and distribution.
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• Serve as the primary day-to-day contact for borrowers, including handling difficult conversations and declining requests when needed.
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• Underwrite modifications, amendments, increases, renewals and annual reviews for existing facilities.
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• Monitor borrowing bases, covenant compliance, financial reporting, field exams and appraisals.
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• Identify early warning signs and work proactively with borrowers on underperforming credits.
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• Prepare portfolio reviews and credit packages for senior credit leadership and credit committee review.
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Qualifications:

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• 5+ years of experience in ABL portfolio management, account management or underwriting.
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• Strong client-facing skills and confidence pushing back on borrowers.
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• Strong financial statement, cash flow and collateral analysis skills.
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• Experience with ABL modifications, renewals and revolving credit facilities.
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