Asset Finance Portfolio Management/Asset Management Director

Truist Financial - Atlanta, GA

Part-time,Full-time - Senior

Atlanta, GA

Credit Intermediation and Related Activities

About the position

The Asset Finance Portfolio Management/Asset Management Director is responsible for managing the credit quality, risk mitigation, and operational compliance of Truist's AFG business. This role involves underwriting corporate credit risks, conducting portfolio monitoring, and collaborating with various teams to achieve financial objectives. The position oversees a substantial portfolio of $14B in commitments and approximately 350 client relationships, ensuring adherence to regulatory requirements and internal policies.

Responsibilities

• Manage/mitigate credit risk of portfolio transactions.
• Complete on-time, accurate, well-articulated annual reviews, amendment memos, trend cards, and CLAR's; maintain MRA quarterly spreads/PRISM grade reviews; maintain credit files and 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.
• Understand and adhere to various Truist and ABL policies, processes, procedures and regulatory requirements; ensure policies and controls are executed; timely completion of all required Corporate and Business unit training/testing.
• Restructure or resolve troubled (workout) credits with input from risk partners.
• Manage ABL credit, operational and market risk within pre-approved risk tolerance levels.
• Work with originations, structuring, legal, compliance and risk partners to align strategic objectives, share market knowledge, and facilitate seamless execution.
• Demonstrate Truist culture and values.

Requirements

• BA/BS degree
• Licenses: Series 79 and 63
• 11-15 years of related work experience
• Solid subject matter expertise including knowledge of industry drivers, product positioning, structuring and risk mitigation.
• Demonstrated ability to collaborate across functional areas to resolve complex issues
• Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
• Ability to communicate clearly, concisely and insightfully.

Nice-to-haves

• MBA degree, with a Finance focus
• Diversified product structuring/underwriting/portfolio management experience.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment insurance
• Tax-preferred savings accounts
• 401k plan
• Vacation days (minimum of 10 days)
• Sick days (minimum of 10 days)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)