Asset-Based Lending Specialist

The Asset-Based Lending Specialist is responsible for originating, structuring, underwriting, and executing asset-backed commercial credit facilities for domestic and cross-border borrowers. This role focuses on U.S. subsidiaries of multinational corporations and requires strong technical expertise in borrowing base structures, accounts receivable financing, and inventory-backed lending. The Specialist works closely with Relationship Managers, Credit Officers, legal counsel, borrowers, and field examiners to structure transactions, manage credit risk, and maintain a high-quality lending portfolio.

Job Responsibilities

• Lead the end-to-end execution of asset-based lending transactions, from initial term sheet development through credit committee approval and closing.
• Structure customized asset-based revolving credit facilities, borrowing base arrangements, accounts receivable purchase facilities, and inventory financing solutions.
• Conduct detailed financial analysis of corporate borrowers and parent guarantors, evaluating balance sheets, cash flow, liquidity, and operational risks.
• Review third-party field examination reports, collateral assessments, inventory appraisals, and accounts receivable aging reports to establish appropriate borrowing base formulas.
• Prepare comprehensive credit risk memorandums and present complex transactions to Credit Officers and Regional Credit Committees.
• Originate and support domestic and cross-border ABL opportunities, particularly involving U.S. subsidiaries of multinational corporations.
• Monitor existing facilities for covenant compliance, collateral reconciliations, borrowing base certificates, and periodic collateral audits.
• Collaborate with Relationship Managers to identify cross-selling opportunities involving treasury management, foreign exchange, trade finance, and debt advisory services.
• Maintain compliance with applicable state and federal laws, banking regulations, BSA requirements, the bank's Code of Ethics, and internal policies.
• Travel as required, provide coverage for other positions when requested, and perform additional duties as assigned.

Qualifications

• Demonstrated experience in asset-based lending, commercial credit underwriting, or structured commercial lending.
• Strong technical knowledge of borrowing base mechanics, accounts receivable financing, inventory financing, and asset-backed revolving credit facilities.
• Experience analyzing corporate financial statements, cash flow, liquidity, collateral quality, and guarantor strength.
• Experience reviewing field examinations, inventory appraisals, accounts receivable aging reports, and borrowing base certificates.
• Ability to structure complex credit facilities, prepare detailed credit memorandums, and present transactions to credit committees.
• Knowledge of cross-border commercial lending and multinational corporate structures, particularly U.S. subsidiaries of international companies.
• Understanding of credit risk management, covenant compliance, collateral monitoring, and portfolio governance.
• Ability to communicate effectively with borrowers, Relationship Managers, Credit Officers, legal counsel, and external field examiners.
• Fluency in spoken and written English and Spanish.
• Willingness to travel as required and work outside regular business hours when necessary.
• Ability to comply with applicable banking regulations, internal policies, and ethical standards.