Note: The job is a remote job and is open to candidates in USA. Navitas Credit Corp. is a company specializing in commercial banking solutions, and they are seeking an ABL Account Manager. This role is responsible for managing a portfolio of Asset Based Lending accounts, focusing on maintaining strong client relationships and ensuring credit quality.
Responsibilities
- Manages credit risk of a portfolio of ABL relationships (includes regular evaluation of risk rating, covenant compliance, borrowing base trends, reporting requirements, etc.)
- Develops and maintains relationship with assigned ABL clients including regular meetings and calls
- Maintains up-to-date assessment of relationships as well as current credit and legal files
- Coordinate with internal partners on line (e.g. market RM, Treasury) and Credit sides
- Analyzes client operating performance and financial condition, proactively identifies issues and opportunities, and recommends risk mitigation (includes managing problem credits when applicable)
- Responsible for monitoring and managing credit quality and data integrity
- Ability to collaborate effectively with all deal stakeholders including clients, market RM, and Credit teams to address client needs and evolving business conditions
Skills
- Minimum 5 years of experience in ABL, underwriting, field examination, credit officer, and/or loan officer role
- Require extensive knowledge of credit policy, banking regulations, and loan documentation issues
- Ability to read and interpret financial and legal documents
- Strong verbal and written communication and interpersonal skills
- Analytical and independent problem solving skills
- Must possess knowledge of various loan structures and have the ability to apply this knowledge in the formulation of sound credit recommendations
- Strong organizational and time management skills with ability to effectively set priorities in a performance-driven environment
- Fully understand and work effectively within the credit culture of the company; ability to promote credit culture within the team
- Solid ability to identify strengths and weaknesses of individual requests and make recommendations to address and mitigate perceived risks
- Bachelor's degree (preference for business-related or STEM)
- Candidates who are able to work from one of our locations are preferred; however, we are open to highly qualified individuals regardless of proximity
Company Overview