The ABL Midwest Regional Portfolio Manager /Team Leader -Chicago , will manage a team of Account Executives and will be assigned portfolio of Asset Based Lending relationships for borrowers with sales ranging in size from $50 million to $5 billion for Chase Business Credit in our Midwest Region based in Chicago.
Regional Portfolio Manager/ Team Leader,
Primary responsibilities of the Regional Portfolio Manager in Chicago is to manage ABL Account Executives and their respective loan portfolios to 1) minimize the risk of loss on these loans while 2) maximizing client retention other than exit accounts. Other responsibilities of the Regional Portfolio Manager are to insure that direct reports are performing their assigned responsibilities including a) appropriately monitoring financial and collateral trends, b) informing Regional Manager and Senior Credit Officers of pertinent issues, c) developing and implementing account action plans in conjunction with the Region Manager and Senior Credit Officers, d) providing appropriate customer service to assigned accounts, e) proper obligor and facility ratings on assigned accounts, f) timely and accurate preparation of management reports, e) insuring data integrity of management reporting tools and f) proper administration of agent role on syndicated transactions. The Regional Portfolio Manager should also be able to balance workloads for direct reports and to assist Account Executives on complicated loan closings. Finally, the Regional Portfolio Manager is expected to train and develop Account Executives with respect to their responsibilities.
A Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related field is required.
MBA degree is a plus.
Minimum of 7 to 10 years of account management and underwriting responsibilities in an Asset Based Lending environment. Must have previous management experience. Ability to work well as part of a team and to act independently. Must possess excellent verbal and written communication skills. Strong computer skills necessary.
US-IL-Chicago-Chase Tower Chicago / 10468
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