ABL National Underwriting Managing Director and Team Lead

Position Summary

The Managing Director and Team Lead of Asset-Based Lending ("ABL") Underwriting manages and develops a team of nationally based underwriters responsible for structuring and due diligence of Sole Bank, Admin Agency, Club, and participation ABL facilities for private and sponsor owned and public companies. delivering high‑quality credit recommendations, disciplined risk management, and timely execution aligned to credit policy, regulatory expectations, and service‑level commitments.

The role partners closely with ABL Business Development and Relationship & Portfolio Management, Internal Sponsor, Industry, and Geographic Coverage Partners, Collateral/Field Exam, Credit Partners, and Internal and Third Party Legal Advisors to drive prudent growth and sound portfolio performance.

The Managing Director and Team Lead of Asset-Based Lending ("ABL") Underwriting manages and develops a team of nationally based underwriters responsible for structuring and due diligence of Sole Bank, Admin Agency, Club, and participation ABL facilities for private and sponsor owned and public companies. delivering high‑quality credit recommendations, disciplined risk management, and timely execution aligned to credit policy, regulatory expectations, and service‑level commitments.

The role partners closely with ABL Business Development and Relationship & Portfolio Management, Internal Sponsor, Industry, and Geographic Coverage Partners, Collateral/Field Exam, Credit Partners, and Internal and Third Party Legal Advisors to drive prudent growth and sound portfolio performance.

• Set team strategy and capacity plan; assign and review work, calibrate credit judgment, and coach underwriters to elevate structuring quality and speed to decision.
• Build talent through hiring, mentoring, performance management, and upskilling on ABL structures, sponsor financing nuances, and regulatory expectations.
• Foster a culture of accountability, data‑driven decisions, and continuous improvement.
• Credit Underwriting & Approval
• Lead underwriting of new money, amendments, and renewals across revolvers, term loans (including FILO), and seasonal lines; provide clear recommendations, terms, and risk‑mitigation actions.
• Partner with ABL Business Development Team on preparation, review, and refinement of prescreens and proposals including structuring of the ABL facility
• present complex credits to senior credit forums with crisp risk‑reward articulation and stress case analysis.
• Ensure underwrites address borrowing‑base mechanics, advance rates, collateral controls, springing dominion/cash management, intercreditor terms, covenants, availability blocks, and liquidation analysis, consistent with OCC ABL guidance.
• Provide underwriting leadership perspective on risk trends, early warning indicators, and industry sector concerns; proactively recommend risk mitigation strategies and underwriting posture adjustments.
• Complex Capital Structure Expertise
• Underwrite ABL solutions for complex capital structures including private‑equity‑backed companies (e.g., buyouts, add‑ons, recapitalizations), 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; evaluate sponsor equity contribution, track record, governance, and support.
• Apply ABL best practices: sound underwriting standards, portfolio limits, pipeline management, enterprise‑value considerations where relevant, and stress testing; maintain safe‑and‑sound practices as supervisory expectations evolve.
• Serve as escalation point for complex, policy exception, or challenged credits; ensure appropriate…