Senior ABL Origination Executive - Philadelphia, Pennsylvania United States - 44745



JOB DESCRIPTION

Job #: 44745
Title: Senior ABL Origination Executive
Job Location: Philadelphia, Pennsylvania - United States
Employment Type:
Salary: $145,000.00 - $185,000.00 - US Dollars - Yearly
Employer Will Recruit From: Nationwide
Relocation Paid?: Negotiable

WHY IS THIS A GREAT OPPORTUNITY?


Senior ABL Origination Executive

The Senior ABL Origination Executive is a seasoned, experienced banker that is viewed as a trusted advisor to clients and can manage and develop a portfolio of relationships with target segments that lead to loans, deposits and other revenue generating products and services. In this role, assistance is given to the ABL Division Executive to ensure retention and deepening of existing relationships and growth of new relationships. The Senior ABL Origination Executive will contribute to the team’s growth and profitability with an extensive focus on portfolio management, business development and client cross sell activities for the relationship team, by maintaining high quality loans through the support of underwriting, portfolio administration and cash management functions.

JOB DESCRIPTION

CRITICAL DUTIES, TASKS AND ACCOUNTABILITIES

Senior ABL Origination Executive:

 

  1. Support the ABL Division Executive with growing/retaining relationship for targeted client group by coordinating and supporting all aspects of relationship; ensure appropriate resources are dedicated to facilitate successful outcome.
  2. Develop/maintain extensive network of business contacts, community leaders, executive management clients, prospect opportunities and referral sources, in order to generate revenue.
  3. Responsible for negotiating loans according to established guidelines.
  4. Guarantee compliance with all regulations, policies, and procedures.
  5. Maximize division profitability through the maintenance of high quality loan portfolio; responsible for relationship review and overall relationship profitability.
  6. Construct and deliver effective proposals for presentation to existing and potential clients.
  7. Exercise credit judgment consistent with the department goals; monitor and evaluate credit worthiness of clients.
  8. Lead team communication with operations and product group; plan and manage implementation process of new products with client to ensure smooth transition.
  9. Create and implement a wide-ranging marketing/selling program targeted to asset-based lending opportunities.

QUALIFICATIONS

REQUIRED QUALIFICATIONS, SKILLS & CAPACITIES

Senior ABL Origination Executive:

  • Minimum of 7 (seven) years of ABL experience or comparable industry experience and at least 5 (five) years of ABL Origination Experience.
  • An undergraduate degree in finance, economics, or accounting preferred.
  • CPA, MBA or equivalent experience in finance, and/or accounting a plus.
  • Established track record of achieving and exceeding production goals and sales objectives.
  • Demonstratable ability to generate new leads and partner with others.
  • Superior communication and partnership skills.
  • Capacity to build and expand trusting relationships and partnerships.
  • Knowledge of banking regulations, lending policies, procedures and techniques and well demonstrated understanding of loan risk factors a plus.
  • Expertise with credit/financial analysis techniques and accounting.
  • Exceptional business development skills.

 

Education:
University - Bachelor's Degree/3-4 Year Degree

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