Asset Securitization Structuring Director or Managing Director
Team Lead – Securitization Lending
Team Lead role that provides structure and underwriting expertise to securitization lending transactions in terms of execution, structuring, legal documentation, underwriting, and ongoing portfolio management. Ability to execute across a wide variety of asset classes including new and bespoke transaction structures.
Essential Duties and Responsibilities
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Administration = ownership of processes and procedures for booking and closing loans, understanding the systems used in these processes, portfolio & management reporting, and vendor relationships.
Ensure processes are efficient and adhere to enterprise standards
Advocate for ASG needs, understand escalation channels and navigate the different internal groups that support these processes
Promote a culture of accountability around day-to-day activities to ensure integrity of reporting and implement controls as necessary
Work with group head to create / improve reporting required to run the business
Portfolio = oversight and accountability of key portfolio management processes (monthly and ongoing) ensuring adherence to enterprise and group policies, procedures, and controls.
Includes monthly asset quality and ad hoc portfolio reporting
Governance = ensuring the group has adequate procedures, controls, and overarching governance to adhere to enterprise and group credit and compliance policies.
Includes communication of expectations and changes as well as ongoing training for ASG teammates
Skills required
Leadership
Allocation of work flow and continued definition of roles within the team
Collaborate with other credit delivery teams regarding best practices, resource allocation
Ensure the team has the resources needed to execute processes in a consistent and efficient manner; Advocate for additional resources / support as needed
Ability to make decisions by evaluating expectations/requirements, downstream impact, and resources
Critical Thinking
Ability to evaluate processes, find root causes of problems, and make changes as necessary
Filter incoming requests to the group from other parts of the bank; Understand “what” as well as the “why” of requests; Allocate resources accordingly
Understand the impact of various processes and systems on each other
Organization / Attention to Detail
Ensure monthly processes are completed on time, accurately, and hold responsible parties accountable
Effectively document processes and procedures for the group
Communication
Identify and elevate issues in a timely manner
Maintain relationships with and navigate groups within the enterprise (e.g. BURM, Audit, Wholesale credit reporting, data analytics, Technology, Regulatory Reporting, Accounting and Finance)
Effectively communicate expectations within the group (pod leaders and individual deal teams)
Required Qualifications
BA/BS degree, or equivalent education and training
10+ years of related work experience
Demonstrated ability to collaborate and influence across functional areas to resolve complex issues
Strong interpersonal skills which foster teamwork, trust, creativity/innovation and accountability
Ability to communicate clearly, concisely and insightfully
Preferred Qualifications
MBA degree, with a Finance focus
5-7 years of related capital markets experience
The annual base salary for this position is $275,000 - $300,000.
Benefits
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Equal Opportunity
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Regular
Regular
Language Fluency
English (Required)
Work Shift
1st shift (United States of America)
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