Asset-Based Lending Senior Portfolio Manager
$180,000–$200,000 year
On-site · Chicago, Illinois, United States
Job Summary
Asset-Based Lending Senior Portfolio Manager responsible for all aspects of portfolio management including transaction structuring, underwriting, credit approval, portfolio monitoring and problem loan identification for an ABL portfolio. Will prepare and approve credit requests, assess credit issues and industry trends, onboard new ABL credits, mentor junior staff, help achieve compliance targets, liaise with credit risk and operations teams, and partner with product/operations units to maximize revenue opportunities while maintaining customer satisfaction. Requires 10+ years in Asset Based Lending/commercial banking, strong credit/risk principles, and demonstrated negotiation and communication skills; BA/BS or MBA preferred.
Required Qualifications
- 10+ years Asset Based Lending and/or Commercial Banking senior portfolio management experience
- 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
Apply with one swipe on Sorce. We auto-fill applications and apply on your behalf — no cover letters, no 40-minute forms.
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.