Head of Asset Based Lending, Operations Manager

Key Responsibilities

• Lead a team of 12 Collateral Analyst associates who are responsible for analyzing and monitoring client’s collateral to ensure the validity of assigned collateral in accordance with their loan agreement.
• Set and drive strategic agenda as part of the Shared Services Operations Leadership Team.
• Support direct reports in translating strategic initiatives into tangible, measurable actions and milestones.
• Partner with Relationship Managers and Underwriters to agree on, document and implement clear delineation of roles and responsibilities throughout the ABL lifecycle.
• Collaborate with Commercial Risk partners to establish and maintain well-managed and controlled processes. Use trends in data and operational incident reporting to identify areas requiring preventative controls.
• Support direct reports throughout the life cycle of ABL lending, including providing feedback to support credit agreement negotiations, day to day collateral monitoring and ineligible calculations, through to payoff validations.
• Coordinate efforts with peers to establish best practices across all lines of businesses.
• Establish and maintain strong working partnerships with the deal team; lead regular touchpoints to address challenges and influence strategic initiatives.
• Identify and address knowledge gaps within the team; develop and provide guidance through knowledge sharing and formal training.
• Leverage metrics and KPIs to monitor team and associate performance; communicate performance to Head of Shared Services Operations during monthly business reviews.
• Represent team during regular performance and talent management cycles
• Support team during periods of high volume by performing secondary approvals.

Qualification & Requirements

Basic Qualifications:

• High School Diploma, GED or equivalent certification
• At least 4 years of experience in Asset Based Lending, Commercial Loan Underwriting, Closing or Servicing
• At least 2 years of experience leading a team or cross-functional projects

Preferred Qualifications:

• Bachelor’s Degree or Military experience
• 5+ years of experience in Asset Based Lending
• 5+ years of experience with Loan or Legal Documentation
• 5+ years of experience with Microsoft Office (Outlook, Excel, Word, PowerPoint) or Google Suite (Sheets, Slides, Docs)

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.