Asset Manager III

4 weeks ago


Orlando, Florida, United States Truist Inc Full time
Job Summary

We are seeking a highly skilled Asset Manager III to join our team at Truist Inc. The successful candidate will be responsible for managing a portfolio of criticized and classified loans, negotiating effective repayment plans with borrowers, and ensuring compliance with Bank policy and regulatory guidelines.

Key Responsibilities
  • Manage a problem loan portfolio consisting of complex credit structures, including middle market, capital markets, and large corporate loans.
  • Negotiate repayment plans with borrowers, incorporating credit analysis and Bank policy on Troubled Debt Restructures (TDR), accrual status justification, and Loan-to-Value (LTV) guidelines.
  • Independently complete or participate in underwriting borrowers for renewal/modification or portfolio management purposes.
  • Prepare accurate and thorough credit request packages for co-approval or exercise individual loan authority.
  • Manage relationships with Commercial Fulfillment and outside counsel to achieve workout goals.
Requirements
  • Bachelor's degree in business, finance, or banking or comparable education and related training.
  • A minimum of 7 years commercial banking, loan workout, or equivalent experience.
  • Significant experience with complex credit structures and borrowers, including middle market, capital markets, and large corporate credits.
  • Exceptional negotiation, communication, interpersonal, financial analysis, and problem-solving skills.
Preferred Qualifications
  • Master's degree in business administration, finance, or banking.
  • 10 years of experience in commercial banking, loan workout, and/or relationship management.
Benefits

Truist offers a comprehensive benefits package, including medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan. Teammates also receive no less than 10 days of vacation and 10 sick days during their first year of employment, along with paid holidays.



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