AVP of Asset-Based Lending Portfolio Management

2 weeks ago

Chicago, Illinois, United States Western Alliance Bank Full time
Position Title:
AVP of Asset-Based Lending Portfolio Management

Location:
Chicago, IL

Role Overview:
The Asset-Based Lending (ABL) division is in search of a skilled Portfolio Manager responsible for the comprehensive analysis, structuring, underwriting, and negotiation of new ABL credit facilities. This role entails managing a diverse portfolio within the Technology Banking Group at Bridge Bank. The Portfolio Manager will collaborate closely with the Relationship Manager to ensure that credit risks are effectively identified, mitigated, and monitored. This position plays a vital role in achieving the Bank's strategic objectives through active involvement in underwriting and closing desirable credit opportunities alongside the Relationship Manager. The Portfolio Manager is tasked with ensuring adherence to all Bank policies and procedures, as well as compliance with relevant state and federal banking regulations.

Key Responsibilities:
  • Engage in business development initiatives and pursue new opportunities within the target market.
  • Gather and analyze due diligence information related to credit requests; communicate with prospective clients to clarify any inquiries.
  • Conduct pre-qualification assessments and evaluate the financial health and risks associated with financing requests, aligning with the Bank's credit culture and current market trends.
  • Prepare a comprehensive credit recommendation package for presentation to the Senior Credit Officer or Loan Committee for approval.
  • Oversee the processing of approved loans, ensuring alignment with agreements, customer requirements, and compliance with Bank lending policies; address any issues related to loan processing and servicing within the Relationship Manager's portfolio.
  • Effectively manage a portfolio of ABL credit facilities; lead monthly portfolio evaluations, monitor compliance, and restructure loans as necessary.
  • Provide coaching and mentorship to credit analysts and collateral specialists.
  • Represent the Bank at various community and civic events to enhance the Bank's reputation and foster additional business opportunities.
Qualifications:
  • Bachelor's degree from an accredited institution and a minimum of five (5) years of relevant experience or a combination of education and experience.
  • 3-5 years of experience in Asset-Based Lending (ABL) with a preference for candidates who thrive in fast-paced environments with venture-backed technology firms.
  • Intermediate knowledge of formula borrowing bases against eligible accounts receivable and inventory.
  • Experience should include a foundational lending background encompassing negotiation, underwriting, and coordination of various commercial business loans, along with relationship development in the financial services sector.
  • Educational background should include training in business or finance-related fields.
  • Familiarity with state and federal banking compliance regulations and Bank operational policies.
  • Proficiency in financial statement analysis, typically gained through education in accounting, finance, or credit analysis.
  • Intermediate understanding of Bank lending procedures, policies, and product offerings.
  • Extensive experience in relationship management.
  • Strong critical thinking and analytical abilities.
  • Proficient in word processing and spreadsheet software (e.g., Microsoft Word, Excel).
  • Excellent oral, written, and interpersonal communication skills.
  • Exceptional organizational and time management capabilities.
Benefits:
We provide a comprehensive benefits package that includes competitive salaries, an ownership stake in the company, medical and dental insurance, generous time off, a robust 401k matching program, tuition assistance, an employee volunteer program, and a wellness initiative. Additionally, this role offers the opportunity to enhance your business acumen by gaining insights into the operations and financial management of successful companies, providing invaluable hands-on experience for career growth.

About Western Alliance Bank:
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation, which includes divisions such as Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. We are committed to equal employment opportunities and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity, or genetic information. We are dedicated to providing reasonable accommodations for individuals with disabilities.

  • Asset Based Lending Portfolio Manager

    6 days ago

    Chicago, Illinois, United States Western Alliance Bank Full time

    About the RoleWe are seeking a highly skilled Portfolio Manager to join our Asset Based Lending team at Western Alliance Bank. As a Portfolio Manager, you will be responsible for analyzing, structuring, and managing a portfolio of ABL credit facilities.Key ResponsibilitiesAnalyze and structure new ABL credit facilities, ensuring compliance with Bank policies...

  • Portfolio Manager

    5 days ago

    Chicago, Illinois, United States Western Alliance Bank Full time

    About the RoleWe are seeking a highly skilled Portfolio Manager to join our Asset Based Lending (ABL) division at Western Alliance Bank. As a Portfolio Manager, you will be responsible for analyzing, structuring, underwriting, presenting, negotiating, and coordinating the closing of new ABL credit facilities and managing a portfolio within our Technology...

  • Portfolio Manager

    2 days ago

    Chicago, Illinois, United States Western Alliance Bank Full time

    About the RoleWe are seeking a highly skilled Portfolio Manager to join our Asset Based Lending (ABL) division at Western Alliance Bank. As a Portfolio Manager, you will be responsible for analyzing, structuring, underwriting, presenting, negotiating, and coordinating the closing of new ABL credit facilities and managing a portfolio within our Technology...

  • AVP Portfolio Manager

    2 months ago

    Chicago, Illinois, United States Western Alliance Bancorporation Full time

    Job Title:AVP Portfolio Manager , Sponsor FinanceLocation:IL - Chicago LPOWhat you'll do:The Portfolio Manager position is responsible for analyzing, structuring, underwriting, and coordinating the closing of major and complex C&I loans in compliance with the Bank's lending policies and procedures. The Portfolio Manager will work with the Vice President,...

  • Senior Portfolio Manager

    6 days ago

    Chicago, Illinois, United States Western Alliance Bank Full time

    About the RoleWe are seeking a highly skilled Portfolio Manager to join our Asset Based Lending team at Western Alliance Bank. As a Portfolio Manager, you will be responsible for analyzing, structuring, and managing a portfolio of ABL credit facilities.Key ResponsibilitiesAnalyze and structure new ABL credit facilities, ensuring compliance with Bank policies...

  • Financial Analyst

    6 days ago

    Chicago, Illinois, United States Portfolio Verlag Full time

    About the RoleWe are seeking a highly skilled Portfolio Analyst to join our team at Portfolio Verlag. As a Portfolio Analyst, you will play a critical role in facilitating decisions and analysis of all types of credit information to support lending decisions and processes for the bank.Key ResponsibilitiesAnalyze financial information, tax returns, credit...

  • AVP, Portfolio Manager

    6 days ago

    Chicago, Illinois, United States BMO US Full time

    About the RoleWe are seeking a highly skilled Portfolio Manager to join our team at BMO US. As a key member of our organization, you will be responsible for facilitating decision-making and analysis of credit information to support lending decisions and processes.Key ResponsibilitiesEstablish and maintain a client service environment that satisfies and...

  • ABL Operations Specialist

    3 days ago

    Chicago, Illinois, United States Wintrust Financial Full time

    About the RoleWe are seeking an experienced ABL Operations Specialist to join our team at Wintrust Financial. As a key member of our asset-based lending operations team, you will be responsible for managing daily collateral and loan analysis for assigned clients.Key ResponsibilitiesCollateral Management: Serve as the primary borrower contact for all matters...

  • Analyst, Portfolio Reporting and Insights

    2 weeks ago

    Chicago, Illinois, United States Deerpath Capital Management Full time

    Job OverviewCompany OverviewDeerpath Capital is a prominent direct lending firm that specializes in providing first lien, senior debt financing to middle market enterprises. The firm is dedicated to supplying debt capital for acquisitions, refinancings, ownership transitions, and growth capital to companies within the U.S. lower middle market. With...

  • Investment Originations Associate/AVP/VP

    2 weeks ago

    Chicago, Illinois, United States The Ladders Full time

    Position Overview: The Ladders is in search of an Associate/AVP/VP to enhance its Originations Team. This division is dedicated to sourcing new investment and lending prospects for the organization. The selected candidate will focus on generating leads through direct outreach and various business development strategies. This role emphasizes the discovery of...

  • ABL Operations Specialist

    5 hours ago

    Chicago, Illinois, United States Wintrust Financial Full time

    About the RoleWe are seeking an experienced ABL Operations Specialist to join our team at Wintrust Financial. As a key member of our asset-based lending operations team, you will be responsible for managing daily collateral and loan analysis for assigned clients.Key ResponsibilitiesCollaborate with Account Managers to ensure seamless client relationships and...

  • Senior Vice President of Loan Operations

    1 week ago

    Chicago, Illinois, United States RF RENOVO MANAGEMENT COMPANY LLC Full time

    Job OverviewPosition: Senior Vice President of LendingAbout Us: RF Renovo Management Company LLC is a dynamic private lending institution based in Chicago, dedicated to serving real estate investors engaged in the acquisition and renovation of residential properties. We take pride in delivering exceptional service throughout the loan process, ensuring a...

  • Portfolio Reporting and Analytics Associate

    2 weeks ago

    Chicago, Illinois, United States Deerpath Capital Management Full time

    Job OverviewCompany OverviewDeerpath Capital is a prominent direct lending institution that specializes in offering first lien, senior debt financing to middle market enterprises. The firm is dedicated to supplying debt capital for acquisitions, refinancings, ownership transitions, and growth initiatives within the U.S. lower middle market. With investment...

  • Capital Markets Portfolio Manager

    5 days ago

    Chicago, Illinois, United States Selby Jennings Full time

    A leading financial institution, managing over $100 billion in assets under management (AUM), is experiencing significant growth across its Treasury, Liquidity, and Asset Liability Management (ALM) teams. These teams are integral in projecting balance sheet performance under various interest rate environments, identifying potential risks, and recommending...

  • Portfolio Management Specialist

    6 days ago

    Chicago, Illinois, United States Bank of Montreal Full time

    Job Summary:We are seeking a highly skilled Portfolio Banker Associate to join our team at Bank of Montreal. As a Portfolio Banker Associate, you will be responsible for providing exceptional customer service and portfolio management in lending services to existing and potential clients.Key Responsibilities:Provide a superior level of customer service to...

  • Senior Portfolio Manager

    2 weeks ago

    Chicago, Illinois, United States Wintrust Financial Full time

    Job OverviewWintrust Financial is a prominent financial holding entity managing approximately $50 billion in assets and listed on NASDAQ:WTFC. Emphasizing the "HAVE IT ALL" philosophy, Wintrust combines advanced technology and extensive resources of a large banking institution with a commitment to personalized community banking for every client. The...

  • Senior Credit Underwriter for Custom Lending Solutions

    2 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    Position Overview:As a Senior Credit Underwriter specializing in Custom Lending at Bank of America, you will play a pivotal role in enhancing financial lives through strategic lending solutions.Key Responsibilities:Drive loan growth by executing high-quality underwriting practices.Establish and nurture value-driven relationships with Line of Business...

  • Senior Vice President of Financing

    2 weeks ago

    Chicago, Illinois, United States RF RENOVO MANAGEMENT COMPANY LLC Full time

    Job OverviewPosition: Senior Vice President of FinancingAbout Us: RF RENOVO MANAGEMENT COMPANY LLC is a dynamic private lending institution based in Chicago, dedicated to assisting real estate investors in acquiring and renovating both single and multi-family residential properties. Our commitment to exceptional client service sets us apart, ensuring a...

  • ABL Portfolio Manager

    4 days ago

    Chicago, Illinois, United States Huntington Bank Full time

    About the RoleThe Asset-Based Lending (ABL) Portfolio Manager is a critical position that ensures the smooth operation of our ABL business. This role requires a strong understanding of credit analysis, risk management, and business development.Key ResponsibilitiesComplex Deal Management: Manage a portfolio of complex deals, including direct and agent...

  • Senior Portfolio Management Lead

    1 week ago

    Chicago, Illinois, United States Wintrust Financial Full time

    Position OverviewWintrust Financial is a prominent financial holding entity managing approximately $50 billion in assets and listed on NASDAQ:WTFC. Our operational model, centered on the "HAVE IT ALL" philosophy, merges advanced technology and extensive resources akin to a large banking institution while emphasizing personalized, service-oriented community...