Asset-Based Lending Senior Portfolio Manager

Description

This professional is responsible for all aspects of portfolio management including transaction structuring, underwriting, credit approval, portfolio monitoring and problem loan identification for a portfolio that may consist of core Asset Based Lending (ABL), retailers and lender finance clients. ABL is a product for the bank. The ABL team is active on sponsor and restructuring credits as well.

This position will report to the Team Leader of ABL Portfolio Management. In addition this senior team member will:

• Prepare and approve credit requests providing critical views on the business, amendments and restructures

• Assesses credit issues, performance and industry trends, appropriateness of structural terms and conditions, compliance with policy and underwriting guidelines and provides recommendations to improve structure and mitigate risks

• Review and help on-board new ABL credits

• Help mentor more junior portfolio managers and analysts within the ABL group.

• Assist in achieving satisfactory or better ratings from Credit Review and Compliance and meet compliance targets for annual reviews, risk ratings, and covenant compliance monitoring.

• Liaise with portfolio management team leaders, credit risk and workout colleagues on deteriorating credits

• Partner with product and operations units including loan operations, cash management, derivatives, corporate card, leasing, to proactively manage issues so that revenue opportunities are maximized and customer satisfaction is maintained

Requirements:

• 10 plus years Asset Based Lending and/or Commercial Banking senior portfolio management experience with sole bank, agented and club transactions.

• Experience in working out, including liquidation, of challenging ABL is preferred

• Balanced approach to enable focus on both business unit goals and risk management objectives

• Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures

• Experienced in developing and implementing tactical solutions in support of structuring new and existing ABL credits

• Able to multi task and function under pressure to meet deadlines

• Strong written and verbal communication and negotiation skills

• BA/BS degree, and/or MBA preferably in Finance, Business Administration or Accounting

Hours and Work Schedule

Hours per Week: 40

Work Schedule: Monday - Friday

Pay Transparency

The salary range for this position is $180,000 - $200,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, relevant skills, and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit

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Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

05/31/2026