Director - Asset Lending Sponsor and Capital Markets

Description

This role can be located in our Chicago, Charlotte, Dallas, or New York offices.

The Director of Asset-Based Lending (ABL) Sponsor & Capital Markets focus on sourcing, structuring, and closing (i) Admin Agency and Sole Bank asset‑based lending opportunities owned by Private Equity ("sponsor") firms. This role is responsible for executing strategic growth initiatives, developing and maintaining strong relationships with (i) internal Sponsor Coverage & Capital Markets partners, (ii) directly with private equity sponsors, and intermediaries, and, (iii) partnering with internal credit, and product teams to deliver high‑quality financing solutions.

The Team Lead drives market penetration while ensuring disciplined credit, efficient execution, and a best‑in‑class client experience.

• Responsible for sourcing and closing private equity owned asset-based loans.
• Works with the Managing Director of Sponsor & Capital Markets Coverage as a key point of contact for internal partners including Sponsor Coverage, Capital Markets, and ABL leadership teams.
• Executes Huntington’s private equity ABL growth strategy, aligning with broader corporate goals and partnership.

• New business origination, including prospecting, sponsor coverage (internal and external), and deal sourcing.
• Manage and grow strategic relationships with internal partners, private equity firms, investment banks, financial advisors, and other market influencers.
• Organizes and executes calling efforts, marketing initiatives, including networking events, sponsor roadshows, and Huntington-branded programming.
• Ensure consistent and high-quality outreach activity within assigned markets.

• Manage underwriting preparation, including review and refinement of prescreens, proposal letters, and detailed underwriting materials.
• Manage the credit approval process, participating in credit committees and collaborating with underwriting and relationship and portfolio teams.
• Collaborate with relationship and portfolio teams in documentation negotiation and ensures all conditions precedent are satisfied prior to closing.
• Ensures that deal structures appropriately balance sponsor objectives with Huntington’s credit standards.

• Builds and maintains strong internal relationships with internal bank partners including Sponsor Coverage, Capital Markets, Credit, Relationship & Portfolio Management, and product specialists.
• Facilitates communication across teams to ensure seamless execution of transactions.
• Ensure consistent pipeline reporting, forecasting, and transparent communication with ABL and bank leadership.

• Ensures all team activities comply with regulatory requirements, internal policies, and risk frameworks.
• Identifies emerging market risks and trends, advising leadership on potential impacts and strategic adjustments.

• Performs other duties as assigned.

• Bachelor’s Degree.
• 7+ years of asset-based lending, sponsor lending, finance, and/or capital markets experience.
• Deep understanding of private equity-backed transactions and capital markets and syndication processes.
• Independent ability to negotiate complex sole and administrative agent asset-based lending capital structures including: ABL only, ABL and Split Lien Term Loans (private credit and syndicated markets), ABL and Bond, ABL and Junior Capital and ABL First Out in a Uni‑Tranche structure.
• Strong negotiation skills, including documentation and structuring expertise.
• Excellent communication and executive-level presentation skills.
• Demonstrated ability to build and maintain long‑term internal partner, sponsor, and intermediary relationships.

• 10+ years of experience within asset-based lending, sponsor finance, leveraged finance, and/or capital markets.

Yes = not eligible for overtime pay;
No = eligible for overtime pay.

Office.

Our Approach to Office Workplace Type:
Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re…