The essential responsibilities of the ABL Structuring VP or Director at Truist involve underwriting and closing asset-based lending transactions, mentoring junior staff, conducting thorough qualitative and quantitative analysis to manage transaction risk, and negotiating legal documents. This role requires ensuring compliance with risk policies while collaborating with various teams such as originations and portfolio management to facilitate smooth execution.

To apply for the ABL Structuring VP or Director position at Truist, candidates need a BA/BS degree, licenses such as Series 79 or 63, and 7-11 years of relevant work experience. Strong technical skills in financial analysis and modeling, alongside developed analytical abilities, are essential. Interpersonal skills that foster teamwork and collaboration across functional areas are also critical for success in this role.

Truist prefers candidates for the ABL Structuring VP or Director role to have an MBA with a Finance focus and experience in capital markets or other product structuring/underwriting. Candidates with a solid understanding of asset-based lending, coupled with a strong analytical background, will have a competitive edge in the selection process.

As an ABL Structuring VP or Director, you can expect a comprehensive benefits package at Truist, which includes medical, dental, and vision coverage, life insurance, disability options, and a 401k plan. Additionally, you’ll receive at least 10 days of vacation and 10 sick days annually, along with paid holidays, making it a great opportunity to balance your professional and personal life.

To excel in the ABL Structuring VP or Director role at Truist, focus on sharpening your quantitative and qualitative analysis skills, stay updated on industry trends, and practice your negotiation techniques. Building strong relationships with your team and maintaining a collaborative mindset will enable you to drive successful transactions while upholding Truist's culture and values.

In answering this question, detail specific ABL transactions you've managed, the role you played, and the outcomes of those transactions. Provide quantitative data to illustrate your success, and emphasize your analytical skills in assessing transaction risks.

When discussing mentorship, highlight your methods for supporting junior staff, such as providing constructive feedback, sharing resources, and creating opportunities for them to take on challenges. Emphasize the importance of fostering a supportive environment that encourages growth.

Describe your approach to quantitative analysis, including the tools and models you utilize. Mention your ability to distill complex data into actionable insights, showcasing a recent example where your analysis influenced a successful transaction.

For this question, share a specific instance of a negotiation in your previous role, detailing your strategy, any obstacles faced, and how you achieved a favorable outcome. Focus on the skills you employed and the importance of diplomacy and clear communication.

Talk about your process for reviewing risk policies and ensuring compliance throughout the transaction lifecycle. Mention collaboration with legal and compliance teams and how proactive communication can help mitigate potential risks.

Highlight the vital role of teamwork in structuring transactions, showcasing your experience in cross-functional collaboration. Use an example that illustrates how teamwork has led to a more streamlined execution and successful transaction closure.

Discuss your time management strategies, such as prioritizing tasks, effective delegation, and maintaining a detailed project plan to ensure all project deadlines are met without compromising quality.

Be prepared to mention specific financial modeling tools or software you’ve used, explaining how they’ve enhanced your work efficiency. Mention your proficiency in using advanced Excel functions and any other relevant tools that support your financial analysis.

Share your insights on current challenges in ABL structuring such as market volatility, regulatory changes, or competition, and articulate how you would address these challenges based on your experience and strategic outlook.

Discuss the ways you keep yourself informed about industry trends, such as attending workshops, participating in relevant webinars, networking with professionals, and subscribing to industry publications. Emphasize your commitment to continuous learning and adaptation.