ABL Associate

Fifth Third Bancorp
Chicago, Illinois
Workplace: OnsiteFull timeUSD 71,100 - 145,900 annuallyFunction: Banking, Lending & CreditExperience: 3-5 yearsEducation: bachelorsSkills: ["Interpersonal relationship building","Analytical skills","Critical thinking","Verbal and written communication","Organizational and time management"]

Support day-to-day coverage, origination, and transaction management for existing and prospective asset-based lending (ABL) clients. Build and manage an ABL financing pipeline, assist underwriting approval and loan closing (including loan system setup and credit-approval materials), and help maintain accurate credit, legal, and portfolio records. Partner with internal deal teams and customers, apply credit analysis and secured transaction knowledge, and mentor junior team members while completing required compliance training.

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FursaFursa
Fifth Third Bancorp
Fifth Third Bancorp
2 days ago

ABL Associate

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Last checked: 3 hours agoStatus: Live

Job Summary

Support day-to-day coverage, origination, and transaction management for existing and prospective asset-based lending (ABL) clients. Build and manage an ABL financing pipeline, assist underwriting approval and loan closing (including loan system setup and credit-approval materials), and help maintain accurate credit, legal, and portfolio records. Partner with internal deal teams and customers, apply credit analysis and secured transaction knowledge, and mentor junior team members while completing required compliance training.
Location: Chicago, Illinois
Workplace: Onsite
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Mid level

Key Responsibilities

  • •Provide day-to-day coverage, origination, and transaction management for existing and prospective clients including covered Sponsors.
  • •Prioritize and support a pipeline of ABL financing opportunities.
  • •Support underwriting approval and loan closing, including loan system setup/administration and preparation of credit approval presentation materials.
  • •Maintain up-to-date trend cards/portfolio review forms, credit files, and legal files; capture and document credit decisions, conditions, and modifications.
  • •Manage ongoing credit risk for a basic portfolio and participate in portfolio meetings; develop internal/external relationships and mentor more junior team members.

Pay and Benefits

Salary: USD 71,100 - 145,900 annually

Key Requirements

  • •Bachelor’s degree required, ideally in Business, Finance, or Accounting.
  • •3-5 years of credit analysis and/or loan review or underwriting in Commercial Banking, including 1+ year in an Asset Based Lending environment.
  • •Knowledge of asset-based lending, private equity, capital markets, merger and acquisition structures, and experience with credit analysis.
  • •Familiarity with credit policies, procedures, and terminology.
  • •Strong interpersonal/relationship-building and analytical, critical thinking, and communication skills; intermediate Word, PowerPoint, and Excel knowledge.
Experience:3-5 yearsCommercial bankingAsset-based lendingCapital marketsPrivate equityMergers and acquisitionsCredit analysis
Education:Bachelor's in Business, Finance or Accounting
Skills:Interpersonal relationship buildingAnalytical skillsCritical thinkingVerbal and written communicationOrganizational and time management
Tech Stack:WordPowerPointExcelLoan systemsCommercial loan administration systemsPresentation materials

Company Brief

Fifth Third Bancorp
Fifth Third Bancorp is a diversified bank holding company offering consumer, commercial, and wealth management services. Through its banking subsidiaries, it provides deposits, lending, treasury management, payments, and investment solutions across the Midwest and Southeast.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cincinnati, United States
Founded: 1858
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