Asset Based Lending Portfolio Manager

Description

Summary: 

The Asset Based Lending (ABL) Portfolio Manager is accountable for the day-to-day management of the Bank’s Asset Based  loan portfolio. The role works in close partnership with Commercial Relationship Managers/Lenders, providing support for ongoing credit administration, portfolio risk management, and compliance of the portfolio with Bank policies and procedures. 

The ABL Portfolio Manager plays a key role in supporting disciplined portfolio growth by ensuring new and existing credit relationships are appropriately, monitored, and managed in a manner that preserves asset quality while meeting client needs. 

Essential Functions: 

o Maintain primary ownership of the Asset Based lending portfolio from a credit and risk management perspective, including ongoing monitoring of client’s financial performance, draw funding, covenant compliance, and risk rating accuracy, serving as the primary internal point of accountability for ABL portfolio servicing matters.

o Partner with Relationship Managers/Lenders to support new originations, renewals, and modifications within the ABL portfolio, preparing clear, concise credit memorandums for renewals, extensions, amendments, waivers, and risk rating changes.

o Monitor upcoming maturities and ensure extensions, renewals and reaffirmations are performed timely in coordination with the Credit Team, Credit Administration, Loan Administration and Loan Operations.

o Work with the Treasury Management and Deposit teams to ensure the client’s deposits are set up, funded and performing as they should per the loan approval expectations.

o Support where needed on internal loan reviews, audits, and regulatory examinations related to the asset based loan portfolio.

o Monitoring of client’s accounts receivables and borrowing bases, contract performance, billing cycles, collections, and concentration exposure.

o Funding of draws…, based on borrowing base availability.

o Perform financial analysis, cash flow assessment, borrowing base reviews, and annual credit reviews.

o Proactively identify emerging risks within the portfolio and recommend structural, covenant, or exposure adjustments as needed.

o Assist in the management of criticized and watch-list relationships in the portfolio in coordination with Relationship Managers, Credit Administration, and Special Assets, when applicable.

o Ensure credit files are complete, accurate, and consistently documented in accordance with Bank policy and the specific loan requirements.  Working directly with clients to obtain financials as required.

o Assist with analyzing government contracts, including contract type, funding status, backlog quality, burn rates, and option-year risk.

o Evaluate award timing, contract modifications, and funding delays that may impact liquidity or collateral.

Requirements

• A working knowledge of the loan process, to include: the life cycle of a loan, the various relationships and interactions between departments (credit, operations, lending, treasury and the branches etc.)

• Proficiency in systems (Horizon), software (Microsoft Word and Excel) and Global Wave,  etc.

• Strong communication skills, both written and verbal, and with both internal departments and external customers.

Supervisory Responsibilities: 

This position has no supervisory responsibilities. 

Work Environment: 

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.  

Physical Demands: 

This position requires sitting at a computer station for extended periods of time. 

Position Type/Expected Hours of Work: 

This is a full-time position. Days and hours of work are flexible but should be agreed upon with the employee’s supervisor. 

Travel: 

Occasional travel to other ODNB branches can be expected for this position. 

Education and Experience: 

• Bachelor’s degree in business, finance, accounting or related field, required

• Banking experience, specifically in operations or back-office environment, preferred

• Proven customer service skills, required

• Written and verbal communication skills, required