SVP Asset - Based Lending Manager

Ontario, CA 91764

Posted: 05/25/19 Employment Type: Direct Hire Industry or Function: Banking Job Number: 19042201 - FS Compensation: $150,000 - $175,000 per year

KEY WORDS: Asset-Based lending, Banking, Commercial, Underwriting, Loans, Portfolio

 

 

JOB DESCRIPTION:

 

To administer and manage all requirements of the Bank’s Asset Based Financing, insure compliance with credit approvals, and provide functional support to the Business Financial Centers. Manage to the goals and performance plan established for the Asset Based Financing Department to protect the Bank against loss.

 

Job Duties:

  • Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job.
  • Responsible for monitoring accounts to insure that reporting and advances against collateral remain within approved formulas and line limits. Approve daily advance request, weekly or monthly collateral reviews, monthly verification of accounts and semi-annual audits.
  • Monitor collateral and financial performance to determine if changes in the customer’s loan requirements or risk profile require adjustments to the loan structure. Provide proactive management of the relationship to meet customer’s needs and avoid losses to the bank.
  • Enhance the underwriting process through review of RCE's for asset based loans and make appropriate recommendations regarding structure and advance.
  • React quickly to deteriorating trends and problem areas including visitations of Borrowers.
  • Insure that all audits are performed and reviewed in a timely manner with appropriate recommendations.
  • Responsible for review of legal documentation and compliance in accordance with approved RCE’s.
  • Report deteriorating collateral positions to senior management. Assist in management of problem loans to prevent losses.
  • Insure that all monthly reports are performed in a timely manner
  • Insure that all collateral reviews are prepared in a timely manner.
  • Insure that all credit commitments are renewed in a timely manner.
  • Provide support to Center Officers and assist them in identifying qualified borrowers for ABL Financing.
  • Provide, present and promote The Citizens Experience to all external and internal customers.
  • Other duties may be assigned.

Benefits:

  • Comprehensive Benefit Package

Job Requirements:

  • 10+ years of ABL experience
  • Strong Leadership experience managing an ABL team
  • Excellent Credit skills

 

Educational Requirements:

  • College Degree

               

FOR OTHER OPPORTUNITIES AND TO REGISTER WITH TRISTAFF, PLEASE VISIT OUR WEBSITE AT www.tristaff.com

Michael Wilson
Director of Commercial Banking

I joined the TriStaff Group in November 2014 as the new Division Director of Banking when I relocated back to San Diego from Ontario, CA. I was hired to promote and expand the new Banking Division at TriStaff Group. Before joining the TriStaff team, I spent 10 years as Vice President, Talent Acquisition Manager for Citizens Business Bank in Ontario, CA, where I was responsible for all recruitment efforts of the bank. My Team and I focus on recruiting top-talent primarily in the Commercial Banking space for banks throughout California and nationwide. We specialize in placing Relationship Managers, Business Development Officers, Portfolio Managers, Business Bankers, Commercial Underwriters, Credit Analysts, Compliance & Risk Officers, Operations Managers, Regional Managers, Center Managers and Executive level professionals. We have placed many candidates with some of the top-rated banks in California and the nation. I’m excited to have the opportunity to build a Banking Division at TriStaff Group and to further promote the excellent reputation that TriStaff Group has in the market-place. I enjoy partnering with my clients to find top-talent to assist them in achieving their company goals, as well as helping a candidate enhance their career. I’m passionate about recruiting and building long-term relationships with clients and candidates. I was raised in Chula Vista where I attended Chula Vista High, Southwestern Junior College and San Diego State University. No matter where I have lived, I have always remained a loyal fan of the Chargers, Padres and Aztecs. I enjoy following the local sports teams, football, collecting sports memorabilia & art, gardening, traveling and enjoying the company of my pets.
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