Relationship Manager III - Asset- Lending; ABL

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How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York. Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.

At Provident Bank, we are committed to enhancing our customer and employees’ experience.

POSITION OVERVIEW:

We are seeking an experienced Relationship Manager III – Asset-Based Lending (ABL) to originate, structure, and manage complex asset-based lending relationships. This role is responsible for driving new business, managing a portfolio of ABL clients, and partnering with internal teams to deliver comprehensive banking solutions. The ideal candidate brings deep ABL expertise, a strong business development track record, and the ability to mentor junior team members.

KEY RESPONSIBILITIES:

• Originate, evaluate, and structure complex asset-based lending transactions in accordance with bank policies, credit standards, and regulatory requirements.
• Proactively develop new business opportunities and expand existing client relationships to drive profitable loan and fee income growth.
• Build and maintain strong client relationships while identifying opportunities to cross-sell additional bank products and services.
• Manage an assigned ABL loan portfolio with a focus on covenant compliance, credit quality, accurate risk ratings, and ongoing collateral and field exam review.
• Oversee preparation of loan presentations, including detailed financial and credit analysis, risk assessment, and recommended loan structures.
• Monitor portfolio performance and proactively identify, mitigate, and elevate emerging risks as appropriate.

• Facilitate loan closings and review ABL legal documentation to ensure compliance with approved terms and conditions.
• Partner closely with Credit, Loan Operations, Legal, and other internal teams to ensure efficient execution and ongoing administration of lending relationships.
• Provide guidance, mentoring, and subject-matter support to junior lending professionals (no direct people management responsibilities).

MINIMUM QUALIFICATIONS:

Education

• Bachelor’s degree in Accounting, Finance, or Business Administration (required).

Experience

• 15+ years of asset-based lending experience with demonstrated success in complex credit structures and new business generation.

Skills & Expertise

• Comprehensive expertise in loan structuring, financial analysis, and credit risk assessment.
• Proven business development and relationship management capabilities.
• Strong written, verbal, and interpersonal communication skills.
• Proficiency in Microsoft Word and Excel, as well as ABL-specific software (e.g., Stucky or similar platforms).
• High level of integrity, professionalism, and attention to detail.

WORKING CONDITIONS

Work is mainly performed in a normal office environment. Noise levels usually are moderate. May also involve travel to customers and property locations.

• Prolonged sitting
• Lifting from 5 to 10 lbs. (printer paper, storage boxes)
• Occasional bending or overhead lifting (storing files or boxes)
• The hazards are mainly those present in a normal office setting.

This job description may not be all-inclusive. Employees are expected to perform other duties as assigned and directed by management. Job descriptions and duties may be modified when deemed appropriate by management.

Provident Bank recognizes and supports the importance of creating a socially and culturally diverse employee base. We understand, value, and appreciate the unique perspectives that a diverse workforce can contribute to our organization. We put the employee and the customer at the center of strategy because culture is a critical differentiator for why people choose to work here.

We are an equal opportunity employer, and all qualified…