ABL Associate

About This Role

This Associate role supports the overall execution process for asset-based lending (ABL) transactions at Fifth Third Bank, working with the originations, underwriting, and portfolio teams. The ABL team is responsible for pitching, structuring, executing, and managing ABL solutions across the entire Fifth Third Commercial Bank platform. The role focuses on supporting all aspects of originations, underwriting, and portfolio management execution, including deal screening, credit review/monitoring, loan approval preparation, funding and operations, and loan system setup and administration.

Responsibilities

• Support day-to-day coverage, origination, and transaction management responsibilities for existing and prospective clients, including covered Sponsors
• Prioritize and support a pipeline of ABL financing opportunities
• Support underwriting approval and loan closing processes, including loan systems setup and administration and preparation of presentation materials for credit approval
• May manage the ongoing credit risk of a basic portfolio of ABL relationships and participate in portfolio meetings with senior management
• May maintain up-to-date trend cards/portfolio review forms, credit files, and legal files through department resources, and capture and document credit decisions, conditions, and modifications
• Support multiple opportunities, partnerships, and routines with key internal deal team members
• Develop and maintain internal relationships with the coverage team, including Relationship Managers/Credit Risk Officers
• Develop and maintain external relationships with assigned customers, including regular client meetings and business development calls, helping to ensure customer satisfaction and retention
• Apply knowledge of credit analysis, asset-based lending, and capital markets activity
• Mentor more junior team members, including analysts
• Maintain a focus on continuous learning to keep up with ever-changing market dynamics
• Basic familiarity with the ABL legal environment, including secured transaction laws and creditor rights, with a strong interest in further developing that knowledge
• Successfully complete all required compliance training
• Perform additional job-related duties as assigned

Requirements

• Bachelor's degree required, ideally with concentration in Business, Finance, or Accounting
• 3-5 years credit analysis and/or loan review or underwriting experience in Commercial Banking, including 1+ years of experience in an Asset Based Lending environment, in underwriting or field examination, or as a loan officer; or equivalent combination of education and experience is preferred
• Knowledge of asset-based lending, private equity, capital markets, merger and acquisition structures, and experience with credit analysis is a plus