Job title: ABL Portfolio Manager
Summary: A growing asset-based lender located in the heart of Washington, D.C. is looking to bring on a Portfolio Manager who will oversee their portfolio of asset-based loans and maintain strong relationships with their top clients. With several billion in assets under management, this firm has been a leader in the financing space and is looking to continue their growth. The successful ABL Portfolio Manager will have the opportunity to play an impactful role in the future of the business, and the team is looking for this individual to grow with the team long-term.
ABL Portfolio Manager Responsibilities:
- Oversee an existing portfolio of asset-based loans, confirming compliance with loan agreements and company policies.
- Proactively identify and address portfolio trends, weak points, or deteriorating conditions.
- Prepare and present in-depth Credit Memoranda for renewals, changes in borrowers' credit facilities, or modifications.
- Ensure timely submission and accuracy of borrowers' financial and collateral reports.
- Evaluate and recommend changes to reporting requirements or loan structures based on client performance.
- Maintain the integrity and accuracy of borrowers' credit, legal, and financial files.
Qualifications of the ABL Portfolio Manager:
- Bachelor's degree in accounting, Business Administration, Finance, Economics, or related field
- 3+ years of experience with commercial asset-based lending, credit analysis, or a related field of experience.
- Excellent interpersonal communication skills
Benefits:
- Competitive salary and benefits
- Strong opportunities for professional development
If you are an ambitious, detail-oriented professional with a passion for asset-based lending, apply to become a part of this growing, dynamic team.
