Group Manager, ABL Portfolio Mgmt

Fifth Third Bancorp
Atlanta
Workplace: OnsiteFull timeFunction: Product ManagementExperience: 20+ yearsEducation: bachelorsSkills: ["Communication","Leadership","Risk management","Client management","Analytical thinking"]

Lead management of an ABL portfolio by overseeing up to seven Portfolio Managers and ensuring client retention, renewals, risk management, and effective exit/workout strategies. Advise on problem accounts, measurable performance goals, and credit request approvals. Serve as a senior credit and legal/risk point of contact by reviewing risk ratings, write-ups, watch assets, and negative trends, while setting pricing and covenant strategy and managing/training the team.

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FursaFursa
Fifth Third Bancorp
Fifth Third Bancorp
1 day ago

Group Manager, ABL Portfolio Mgmt

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Last checked: 3 hours agoStatus: Live

Job Summary

Lead management of an ABL portfolio by overseeing up to seven Portfolio Managers and ensuring client retention, renewals, risk management, and effective exit/workout strategies. Advise on problem accounts, measurable performance goals, and credit request approvals. Serve as a senior credit and legal/risk point of contact by reviewing risk ratings, write-ups, watch assets, and negative trends, while setting pricing and covenant strategy and managing/training the team.
Location: Atlanta
Workplace: Onsite
Employment Type: Full time
Job Function: Product Management
Seniority: Manager level

Key Responsibilities

  • •Advise, review, and assist Portfolio Managers in managing client accounts and developing strategies for problem clients.
  • •Set measurable portfolio goals for timely execution, retention, minimized credit losses, addressed customer requests, periodic performance reviews, and resolution of covenant violations.
  • •Review and advise on credit requests (risk ratings, write-ups, field exam responses, problem loan reports) before submission to the Head of ABL and Credit Approval Department.
  • •Serve as credit leader by analyzing trend cards, reviewing credit write-ups and watch asset reports, and approving/presenting watch assets to the bank’s risk team.
  • •Manage and train Portfolio Managers, developing talent and maintaining internal and external relationships, including offering legal strategies and understanding legal ramifications.

Key Requirements

  • •Bachelor's degree required, preferably in finance, accounting, or business (advanced degree in business is a plus).
  • •At least 20 years of experience in ABL, including liquidation, workouts, restructuring, and client retention.
  • •Strong understanding of the legal environment for ABL, including contract law, the Uniform Commercial Code, and federal bankruptcy laws.
  • •Strong financial statement analytical and accounting skills, including lending against various types of collateral.
  • •Excellent written and oral communication skills; must communicate effectively with employees, clients, and internal bank partners.
Experience:20+ years
Education:Bachelor's
Skills:CommunicationLeadershipRisk managementClient managementAnalytical thinking
Licenses:Driver's license
Tech Stack:Microsoft OfficeProprietary software

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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