Credit Bank Risk - ABL Credit Risk Managers
DESCRIPTION/RESPONSIBILITIES:
As a Credit Risk Manager in Asset Based Lending (ABL) your responsibility will be to manage an assigned portfolio of Commercial Banking (CB) clients who have Asset Based loans. ABL Credit Risk Managers (ABL-CRM) lead the client credit relationship with CB Bankers who manage the overall relationship. The role involves extensive interaction with clients, other product partners, internal and external legal counsel, lenders and investors.
ABL Credit Risk Managers:
• Leads all aspects of the credit relationship, including credit analysis, financial modeling and coordinating credit approval for all products including loans, derivatives, leases and cash management
• Proactively support and enhance client relationships
• Leadership role in assigning and assessing internal ratings, risk assessment and risk mitigation. Recommend changes in structure (i.e. amendments/waivers) or account management strategy and risk rating to address negative trends. Assess monthly, quarterly and annual financial statements and borrowing base reporting
• Leadership role in structuring and negotiating Credit Agreements, amendments and waivers. Manage and monitor loan products including affirmative, negative/ financial covenant compliance and comply with internal and external regulatory requirements. Manage ongoing communication with all internal product partners and if applicable bank group members
• Interpret financial data, collateral appraisals and field exams. Ongoing monitoring of financial trends, collateral trends and liquidity, establishing reserves and recommending appropriate course of action to address issues
• Partner with Bankers, Debt Capital Markets, Treasury Services, Leasing, Derivatives and Operations (WLO)
• Communicate with Senior Management, respond to regulatory requests and maintain internal credit files
• Train and mentor junior team members
Qualifications:
• Minimum 5+ years experience in Risk and Asset Based financing experience
• Strong understanding of capital markets, financing structures, derivatives and cash management products as well as related documentation
• Excellent communication skills - both written and verbal
• Ability to multitask in a fast paced environment
• Bachelor's degree in Accounting or Finance preferred