- Location
- Virtual - Illinois, United States of America · Chicago, IL · Fifth Third Center Rosemont
- Workplace
- Remote
- Type
- Full-time
- Department
- Operations
- Seniority
- Director
- Education
- Bachelor
- Closing date
- Today
- Source
- Workday
Description
Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
ABOUT THE ROLE:
The Director of ABL Operations leads the operational infrastructure supporting the Bank's Asset Based Lending portfolio and commercial loans with borrowing bases. This role is responsible for collateral operations, operational risk management, servicing processes, vendor oversight, regulatory compliance, operational controls, technology initiatives, and team leadership. The Director partners closely with Credit, Portfolio Management, Originations, Underwriting, Relationship Management, Risk, Audit, and Technology teams to ensure scalable, efficient, and compliant operations supporting portfolio growth.
Please see below for specific responsibilities and requirements for this role.
YOUR RESPONSIBILITIES:
The responsibilities for this role are below; you may support projects of varying complexity based on skill and organizational priorities.
Strategic Leadership
o Develop and execute the operational strategy for ABL servicing and collateral management.
o Align operational capabilities with business growth objectives.
o Lead operational integration efforts associated with acquisitions, portfolio purchases, and mergers.
Risk & Controls
o Ensure adherence to regulatory requirements, internal policies, and operational risk standards.
o Oversee issue management, audit remediation, business continuity planning, and control effectiveness.
o Maintain governance over access management and operational approvals.
Operations Management
o Direct all ABL servicing, collateral monitoring, and structural services activities, including collateral monitoring system administration and maintenance, deal onboarding, facility implementation, all balancing functions, system setup, and portfolio boarding.
o Establish scalable operating procedures and performance standards.
o Drive continuous process improvement and operational efficiency initiatives.
Technology & Vendor Management
o Own operational systems strategy and roadmap.
o Lead system implementations, upgrades, and conversions.
o Manage relationships with third-party vendors and service providers.
Executive Partnership
o Serve as a key liaison among ABL leadership, Risk, Audit, Finance, Operations, and Technology.
o Provide reporting, analytics, and operational insights to senior management.
Talent Leadership
o Build, develop, and retain a high-performing operations team.
o Establish succession planning and leadership development programs.
Financial Management
o Complete analysis for gearing and other inputs for the Head of ABL to complete financial analysis and budgeting
o Identify cost-saving and operational efficiency opportunities.
Performance Management
o Establish and monitor key performance indicators (KPIs) and service level agreements (SLAs).
o Use metrics to drive accountability and continuous improvement.
Change Management
o Lead organizational change initiatives and ensure successful adoption of new processes and technologies.
Regulatory Engagement
o Support regulatory examinations and respond to examiner inquiries when required.
·Other Duties: Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team’s and the company’s mission.
MINIMUM REQUIREMENTS:
· Bachelor's degree in Finance, Accounting, Business Administration, or related field.
· 10+ years of banking, commercial finance, asset-based lending, or related financial services experience.
· 5+ years of people leadership experience.
· Experience managing operational risk, controls, and regulatory compliance programs.
· Experience leading cross-functional projects and operational change initiatives.
· Demonstrated success managing large-scale operational processes and teams.
REQUIRED SKILLS:
- Operational Leadership
- Leading complex banking operations and servicing functions.
- Risk Management
- Identifying, assessing, monitoring, and mitigating operational and regulatory risks.
- Strategic Thinking
- Translating business objectives into operational execution plans.
- Stakeholder Management
- Influencing senior leaders and cross-functional partners.
- Change Leadership
- Driving transformation initiatives and process improvements.
- Financial Acumen
- Understanding commercial lending structures, collateral monitoring, and portfolio performance.
- Data & Analytics
- Leveraging operational metrics to support decision-making.
Please refer to the “Skills for Success” section to learn how to stand out as an applicant.
SKILLS FOR SUCCESS:
Including, but not limited to:
- Asset-based lending industry expertise.
- Experience with collateral monitoring platforms.
- M&A integration experience.
- Lean/Six Sigma certification.
- Advanced data analytics or reporting experience.
- Experience leading geographically dispersed teams.
- Exposure to regulatory examinations and audit management.
DOING THE RIGHT THING: Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets —including you.
INTG Director, ABL OperationsTotal Base Pay Range 155,100.00 - 333,500.00 USD AnnualAt Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Virtual, Illinois 00000Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.