Asset Based Lending Operations Manager

KP Recruiting Group
New York, NY Full Time
POSTED ON 3/9/2024

KP Recruiting Group is a consulting firm that provides leadership and exceptional talent to some of the world’s leading companies. Headquartered in the Midwest, KP Recruiting Group has successfully completed countless engagements in the United States, Europe and Latin America. We represent clients in all industries and all sizes. Our mission is to provide exceptional client and candidate experiences in order to get the best possible results. On behalf of our client, we are excited to present the following confidential role. We look forward to hearing from you and discussing the opportunity!

 

The Role:


The Operations Manager will be providing day to day support for a multi-location Asset Based Lending (ABL) Operations Loan Servicing Team which currently consists of 8 team members. The major tasks consists of participation settlements, LIBOR / Tranche setups and supporting our internal and external clients and partners. The individual will be responsible for learning an in-house ABL loan system called LUCAS, (Loan Underwriting Collateral Analysis System).


In this role, you will:

Manage and develop one or more specialized customer service and operations functional teams within Operations area with complex and risk in functional area
Develop strategies to improve staffing processes, ensure specialized functions meet regulatory guidelines in support of risk management and compliance
Engage stakeholders and internal partners associated within the Operations area
Work independently on moderately complex issues and projects
Identify opportunities for process improvement and risk control development and escalates issues to more experienced management
Provide training, performance, evaluation and coaching of less experienced team
Make decisions and resolve issues regarding resources, objectives and operations of functional area and team to meet business objectives
Interpret and develop policies and procedures for operation functions with low to moderate complexity within scope of responsibility
Provide responsibility for budget and financial performance
Collaborate and influence all levels of professionals including more experienced managers
Lead team to achieve objectives
Manage allocation of people and financial resources for Operations



Requirements

4 years of Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2 years of leadership experience

Desired Qualifications:

5 years of experience in the Financial Services industry
5 years of experience in Asset Based Lending (ABL)
Ability to interact with all levels of an organization, including management
Excellent verbal, written, and interpersonal communication skills
Advanced Microsoft Office skills
Leadership skills including coaching, training, and mentoring
Process efficiency experience, including process assessment and recommendations for improvement
Ability to motivate staff to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Strong organizational, multi-tasking, and prioritizing skills
Understanding of ABL documents and principles


Benefits

Our client offers a comprehensive benefits package including:

401k Matching

Family and Individual Insurance Packages (Health, Life, Dental, and Vision)

Paid Time Off & Paid Holidays

Long & Short-Term Disability

Identity Theft Plans

Retirement & Pension Plans

Employee Assistance Program

Employee Referral Program

Tuition Reimbursement Programs

Advancement & Professional Growth opportunities 

Parental Leave

& More



Salary.com Estimation for Asset Based Lending Operations Manager in New York, NY
$215,565 to $328,646
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