Accounting Jobs, Audit Jobs, Tax Jobs
Search Jobs Job Alerts Find Recruiters Post Your Resume Job Success Stories
accounting job search, audit job search, tax job search

Preview Accounting, Audit & Tax Jobs

Local and Nationwide Job Opportunities
for your accounting job search, audit job search or tax job search

Job Details

Asset Based Lending Underwriter Vice President

| More


 
JOB DESCRIPTION
Job #: 14780
Status: Active
Title: Asset Based Lending Underwriter Vice President
Job Location: IL-Chicago
Lower Midwest (IL, IN, IA, KS, KY, MO, NE & OH)
Job Categories: Commercial Lending - General; Specialty Lending
Industries: Banking; Financial Services
Base Compensation:
Low: $110,000       High: $150,000
Total Compensation:
Low: $110,000       High: $175,000
Bonus, Incentives, etc.: Bonus
Benefits: Competitive
Overnight Travel: Limited Travel
Is Employer Willing to Relocate?: No
Employment Type: Full Time / Direct Hire
 
Why is This a Great Opportunity?
ABL Underwriter will transaction oriented; asset based lending; complex and interesting financing structures for companies in LBO, turnaround, recapitalization and high growth situations. Pure lending. No origination pressure nor cross selling of bank products/services.
 
Job Description:
Vice President of Asset Based Lending will underwrite new asset based loans to corporate and industrial borrowers in leveraged buyout, distressed, recapitalization or high growth situations.
  • ALB underwriter will complete a comprehensive loan financing memorandum and facilitating the loan approval process
  • Assess the creditworthiness of prospective clients by working closely with the Business Development Officers, Relationship Managers, Senior Credit Officers and management.
  • Develop a solid working relationship with prospective borrowers, key referral sources (Private equity firms, investment banks, bank groups, syndication groups, etc.) and other potential senior/junior lending partners.
  • Coordinate and schedule and analyze appraisals, valuations and field examinations.
  • This position will facilitate the loan approval process prior to credit committee approval. Post approval coordinates the take-over field examination and documentation.
  •  
    QUALIFICATIONS
    Mandatory Minimum Qualifications - Must Have: Minimum of five years experience in Asset Based Lending. ABL Underwriting experience required, including legal documentation and loan closing experience. Oriented toward a deal driven environment and be capable of managing multiple transactions simultaneously under tight time pressure.
     
    Preferred Qualifications: Exposure/experience within the leveraged cash flow or asset based lending business is helpful but not required. Business/Accounting/Finance/Economics degree preferred. MBA a plus. Some travel required.
     
    Education: Bachelor's
     
    Certifications: None
     
    Licenses: None
     
    Total Years of Experience: 7-8+
     
    Years of Experience in Present Position: 3-4+
     
    Register Now to Apply for this Job!
     
    First Name:
    Last Name:
    E-mail Address:

     

    This is a REAL job we're looking to fill RIGHT NOW!  If you feel you're qualified, please complete our free registration and apply online today!

     

    Remember, the recruiters in our network often have additional jobs they are working to fill that are not posted in our databse. When you register you can introduce yourself to our recruiters and make yourself available for these other, non publicized, positions!

     

    SUBMIT YOUR FREE PROFILE NOW -->

     

     

     Want to See MORE Jobs?

     

    Accounting Jobs

     

    Terms & Conditions and Privacy Statement