Director, Asset Lending

Director, Asset Based Lending –
Fifth Third Bank

Join us to lead the underwriting of asset‑based lending (ABL) transactions across the Fifth Third Commercial Bank platform. This strategic role builds relationships with existing and new ABL clients, guides teams through the full underwriting cycle, and ensures risk is managed consistently with the bank’s appetite.

The Director of ABL Underwriting directs teams through the underwriting process for asset‑based transactions. Responsibilities include pitching, structuring, and executing ABL solutions, preparing credit approvals, managing risk, and coordinating with loan operations, treasury, and portfolio management.

• Pitches, structures, and executes ABL transactions for Fifth Third clients.
• Handles day‑to‑day coverage, origination support, and transaction management for existing and prospective clients.
• Prioritizes a pipeline of ABL financing opportunities.
• Performs loan structuring, underwriting due diligence, and prepares credit presentation materials.
• Establishes strong partnerships with internal teams such as operations, treasury, and portfolio management.
• Manages relationships with attorneys, appraisers, field examiners, consultants, and investment bankers.
• Provides guidance on underwriting and business issues, communicating effectively with internal and external stakeholders.
• Ensures compliance with all bank policies, procedures, and applicable federal and state laws; completes required compliance training.

• Directly or indirectly supervises junior ABL professionals.
• Provides timely, candid, and constructive performance feedback.
• Develops staff to reach their full potential, offering challenging growth opportunities.

• Bachelor’s degree required (MBA a plus) in Business, Finance, Accounting, or related field.
• 8+ years in credit analysis, loan review, or underwriting within Commercial Banking.
• 5+ years of ABL experience in underwriting, portfolio management, or field examination (or equivalent combination of education and experience).
• Extensive knowledge of asset‑based lending, private equity, capital markets, M&A structures, and credit analysis.
• Thorough understanding of credit policies, procedures, and terminology.
• Strong interpersonal, relationship‑building, and communication skills.
• Proven success in originating and executing complex financial transactions.
• Advanced analytical skills, including financial and collateral analysis, and critical thinking.
• Professional client‑facing presence.
• Intermediate proficiency in Microsoft Word and Excel; comfort with loan administration systems.

• Normal office environment with minimal exposure to dust, noise, and temperature variations.
• Extended screen viewing required.
• Some travel may be needed.

Base salary range: $119,500 – $256,900 USD annually. Total rewards include a competitive incentive compensation plan, comprehensive benefits covering physical, financial, emotional, and social well‑being, and a flexible benefits program. Detailed benefits information is available on the Careers page.

Location
:
Chicago, Illinois 60606

Fifth Third Bank, National Association is proud to foster an inclusive culture and provide equal employment opportunities in all hiring decisions, regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.