Managing Director, Underwriting Team Lead

• Manage and develop a nationally based team of ABL underwriters
• Set team strategy and capacity plans; assign and review work; calibrate credit judgment; and coach underwriters
• Lead underwriting of new money, amendments, and renewals across revolvers, term loans, FILO facilities, and seasonal lines
• Prepare, review, and refine prescreens and proposals with the ABL Business Development Team
• Present complex credits to senior credit forums with risk-reward articulation and stress-case analysis
• Ensure underwrites address borrowing-base mechanics, advance rates, collateral controls, cash management, intercreditor terms, covenants, availability blocks, and liquidation analysis
• Provide leadership on risk trends, early warning indicators, industry concerns, and risk mitigation strategies
• Underwrite complex ABL capital structures involving private equity, split-lien term loans, bonds, junior capital, and first-out uni-tranche structures
• Serve as escalation point for complex, policy-exception, or challenged credits
• Provide market intelligence on competitive structuring, pricing, and documentation trends
• Oversee collateral diligence and field exams; ensure eligibility criteria, reserves, concentration limits, and appraisal inputs are appropriately set
• Drive Borrowing Base Certificate reporting, variance analysis, and availability reporting
• Interpret and operationalize ABL credit policy, underwriting standards, and control frameworks
• Partner with Credit Policy, ERM, and Audit to address QA, audit, and regulatory findings
• Support regulatory examinations and horizontal reviews; translate evolving guidance into underwriting standards
• Collaborate with Coverage/Originations, Legal, Operations/TM, and Collateral Operations/Field Exam vendors
• Use analytics to track cycle time, approval quality, and exceptions
• Lead process improvements and champion technology adoption for collateral analysis and underwriting workflow

• Bachelor’s degree in finance, accounting, business, or related field
• 10+ years in ABL underwriting
• 2+ years leading underwriters or in a formal team lead role
• Advanced degree or CFA/FRM is a plus
• 15+ years in commercial credit preferred
• Prior experience coordinating field exams and collateral appraisals
• Working knowledge of eligibility tests, dilution, and inventory obsolescence reviews
• Knowledge of pipeline management, stress testing, and portfolio concentration frameworks for complex capital structure
• Familiarity with treasury management controls for ABL, including lockbox and cash dominion
• Familiarity with borrowing-base systems
• Expertise in ABL structures, including AR/inventory borrowing bases, availability blocks, reserves, and dominion
• Strong financial statement analysis, modeling, cash-flow and liquidation analysis
• Excellent credit memo writing and presentation skills
• Experience managing distributed teams and high-volume, complex deal pipelines with multiple concurrent transactions
• Ability to influence senior stakeholders including Credit Risk, Coverage, and Executive Leadership
• Deep familiarity with OCC leveraged lending and ABL supervisory guidance
• Familiarity with ABL systems, borrowing base platforms, collateral monitoring tools, and workflow automation

Demonstrates expertise in ABL underwriting, including complex capital structures and risk management strategies, while effectively leading and developing a team of underwriters. Proficient in financial analysis, credit policy interpretation, and collaboration with cross-functional teams to drive process improvements and ensure compliance.

• ABL Underwriting
• Team Leadership
• Financial Statement Analysis
• Risk Mitigation Strategies
• Credit Policy Interpretation

• Complex Capital Structures
• Credit Memo Writing
• Financial Modeling
• Cash-Flow Analysis
• Liquidation Analysis
• Eligibility Tests
• Pipeline Management
• Stress Testing
• Collateral Appraisals
• Borrowing-Base Systems

• Influencing Senior Stakeholders
• Coaching Underwriters
• Presentation Skills
• Collaboration

• CFA
• FRM

• ABL Structures
• OCC Leveraged Lending
• Credit Risk
• Commercial Credit
• Field Exams

• Collateral Monitoring Tools
• Workflow Automation
• Borrowing Base Platforms
• Treasury Management Controls