What are the responsibilities and job description for the ABL Structuring VP or Director position at Truist Bank?
Language Fluency: English (Required)
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112Please review the following job description:
The ABL Structuring team structures, underwrites and closes asset-based lending transactions. Requires in depth quantitative and qualitative analysis to obtain Truist's balance sheet commitment as well as supporting distribution risk decisions.Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Underwrite and close ABL transactions; Begin to exhibit independent structuring thoughts
2. Mentor, coach and develop junior talent.
3. Demonstrate thorough qualitative and quantitative analysis; identify, quantify, and prioritize transaction risk.
4. Negotiate basic legal documents.
5. Comply with risk policies and procedures.
6. Work with originations, portfolio management, legal, compliance and risk partners to facilitate seamless execution.
7. Demonstrate Truist culture and values.
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. BA/BS degree
2. Licenses: Series 79 or 63
3. 7-11 years of related work experience
4. Strong technical skills, (including financial analysis, modeling,)
5. Demonstrated analytical skills - ability to distill complex data into concise and relevant issues.
6. Strong interpersonal skills which foster teamwork, trust and accountability
7. Demonstrated ability to collaborate across functional areas to facilitate execution
Preferred Qualifications:
1. MBA degree, with a Finance focus
2. Capital markets or other product structuring/underwriting experience
The annual base salary for this position is $175,000 - $200,000.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Salary : $175,000 - $200,000