Portfolio Manager Asset Lending

The Senior Portfolio Manager | Asset-Based Lending is a senior member of the Bank’s Asset-Based Lending team responsible for the ongoing credit, portfolio management, and risk oversight of complex ABL relationships. This individual will partner closely with ABL Relationship Managers, Credit, Field Examination, Loan Operations, and other internal stakeholders to support the growth and management of the Bank’s asset-based lending portfolio.

The role requires significant experience with borrowing base structures, collateral analysis, financial performance monitoring, loan documentation, and complex commercial credit. The Senior Portfolio Manager will serve as a primary credit resource within the ABL team and is expected to independently manage relationships throughout the credit lifecycle, from underwriting and closing through ongoing monitoring, amendments, renewals, and problem resolution.

This position is designed for an experienced ABL professional capable of operating with a high degree of autonomy while maintaining disciplined credit standards and providing the portfolio infrastructure necessary to support continued growth of the Bank’s ABL platform.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Manage a portfolio of asset-based lending relationships, maintaining comprehensive knowledge of each borrower’s financial condition, collateral position, operating performance, liquidity, and overall risk profile.
• Serve as a primary point of coordination between Relationship Management, Credit Administration, Field Examination, Loan Operations, and other internal partners.
• Independently analyze borrower financial statements, projections, liquidity, cash flow, leverage, working capital trends, and collateral performance.
• Monitor borrower performance against approved credit expectations and proactively identify emerging risks, deterioration, or changes in collateral quality.
• Prepare and present annual reviews, renewals, amendments, waivers, modifications, and other credit approval requests.
• Maintain appropriate risk ratings and recommend changes when warranted by borrower performance or other developments.
• Ensure credit files, financial reporting, collateral monitoring, and approval documentation remain accurate, current, and consistent with Bank policy.

• Review and analyze borrowing-base certificates and supporting collateral information, including accounts receivable, inventory, reserves, ineligibles, dilution, concentration, and availability.
• Evaluate collateral eligibility and advance rates and identify trends that may affect borrowing availability or the Bank’s collateral position.
• Monitor collateral reporting requirements and ensure exceptions are identified, escalated, and resolved appropriately.
• Review field examination results and work with internal and external field exam resources to address findings and determine appropriate credit or structural responses.
• Analyze accounts receivable aging, inventory reporting, customer concentrations, dilution trends, turnover, and other collateral metrics.
• Understand and administer complex ABL structures, including revolving lines of credit, term loans, seasonal facilities, acquisition financing, and other working-capital-oriented structures.
• Monitor excess availability, liquidity, covenant compliance, reserves, dominion arrangements, and other structural protections.
• Partner with the ABL team to structure facilities appropriately based upon borrower risk, collateral quality, liquidity needs, and overall relationship considerations.

• Partner with Relationship Managers on new ABL opportunities, including initial credit assessment, due diligence, structuring, underwriting, and closing.
• Prepare or oversee detailed credit underwriting and approval materials for new and existing relationships.
• Evaluate transaction structure, collateral coverage, repayment capacity, enterprise risk, management capabilities, industry dynamics, and potential downside scenarios.
• Coordinate with internal…