Director, ABL Underwriting

Job Summary: Responsible for managing the documentation and closing of Asset Based Loans to qualified bank clients, as well as managing a portfolio of assigned ABL relationships in adherence with bank policies and procedures.

ABL loans can present a higher risk to the bank if not properly managed and constantly monitored.

Responsabilidades

include working closely with bankers, credit personnel and management throughout the Synovus footprint to assure proper management of ABL relationships, as well as developing strategies to address opportunities or weaknesses in the relationships that need to be addressed

ABL facilities are typically $3MM to $30MM in size with various stages of complexity.

Job Duties and Responsibilities: Performs on-going borrower relationship development and maintenance, including client on-site visits and telephone contact with borrower's senior management to maintain effective knowledge of the borrower's current performance and future needs and strategies.

Assists Commercial and Corporate Bankers within the Synovus system with the qualification of prospects as potential ABL customers.

Works closely with Bankers and ABL senior management during the new deal process, including reviewing field exams, reviewing loan approval forms, determining reporting.

Requisitos

, determining borrowing base requirements, reviewing loan documents with borrower and attorney, and establishing relationships with borrower's management

Reviews and evaluates monthly financial and collateral performance, including spreading and analyzing financial statements and budgets, reviewing collateral trends, and verifying borrower compliance with all financial covenants and reporting requirements.

• Ensures compliance with Synovus corporate policies and procedures.

Assumes responsibility for the ABL relationship once the loan has closed, including handling any advance requests, assuring borrower is performing in compliance with covenants, and recommending changes to existing r.