VP - AFG Portfolio Management/Asset Management ABL - Atlanta, GA / Charlotte, NC / Chicago, IL / Dallas, TX / Winston-Salem, NC
Posted on: 6 Apr 2021
Charlotte, NC
Job Description
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Manage the overall credit quality, risk mitigation, workout process and operational/regulatory compliance associated with Truist's ABL business. Actively works with other functional groups to ensure ABL attains its revenue, PPNR, credit quality and other financial objectives. Total portfolio is $14B in Commitments; approximately 350 relationships including left leads, participations and sole bank transactions.
1. Manage/mitigate credit risk of portfolio transactions.
2. Complete on-time, accurate, well-articulated annual reviews, amendment memos, trend cards, and CLAR's; maintains MRA quarterly spreads/PRISM grade reviews; maintains credit files, other compliance requirements such as monthly tickler attestations, quarterly/annual credit file reviews and attestations, manage collateral, review field exams and appraisals. Attract, retain and develop a team of top credit professionals.
3. Understand and adhere to various Truist and ABL policies, processes, procedures and regulatory requirements; ensures policies and controls are executed; timely completion of all required Corporate and Business unit training/testing
4. Restructures or resolves troubled (workout) credits with input from risk partners.
5. Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
6. Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
7. Demonstrate Truist culture and values.
1. BA/BS degree
2. Licenses: Series 79 or 63
3. 7-11 years of related work experience
4. Strong technical skills, (including financial analysis, modeling,)
5. Demonstrated analytical skills - ability to distill complex data into concise and relevant issues.
6. Strong interpersonal skills which foster teamwork, trust and accountability
7. Demonstrated ability to collaborate across functional areas to facilitate execution
SunTrust Banks
Atlanta, GA
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. It operates in two segments, Consumer and Wholesale. The Consumer segment provides deposits and payments; home equity and personal credit lines; auto, student, and other lending products; credit cards; discount/online and full-service brokerage products; professional investment advisory products and services; and trust services, as well as family office solutions. This segment also offers residential mortgage products in the secondary market.
The Wholesale segment provides capital markets solutions, including advisory, capital raising, and financial risk management; asset-based financing solutions, such as securitizations, asset-based lending, equipment financing, and structured real estate arrangements; cash management services and auto dealer financing solutions; investment banking solutions; and credit and deposit, fee-based product offering, multi-family agency lending, advisory, commercial mortgage brokerage, and tailored financing and equity investment solutions. This segment also offers treasury and payment solutions, such as operating various electronic and paper payment types, which comprise card, wire transfer, automated clearing house, check, and cash; and provides services clients to manage their accounts online.
The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2018, it operated 1,218 full-service banking offices located in Florida, Georgia, Virginia, North Carolina, Tennessee, Maryland, South Carolina, and the District of Columbia. SunTrust Banks, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.
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IndustryBanking/Financial Services
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No. of Employees22,899
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Website
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Jobs Posted2598
