Strategic Asset Manager in Greenville, DE

Description

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This is a full-time, hybrid career opportunity that can sit at a Fulton Bank location within the Fulton Bank footprint as follows: PA, NJ, MD, DE, VA, DC.  This role will require up to 20% travel.

 

The Strategic Asset Manager role exists to protect the institution from credit losses by actively managing underperforming or transitional commercial relationships and executing strategies that support remediation or exit.  By focusing on early risk detection and client engagement, this role addresses portfolio risk and supports healthier credit outcomes, contributing directly to institutional stability and performance.  This role may require occasional travel.

Responsibilities

• Manage assigned commercial relationships exhibiting early signs of risk, non-strategic alignment, or marginal performance. Execute customized remediation or exit strategies.

• Regularly review borrower performance, financial trends, and covenant compliance.

• Engage in direct communication with borrowers to develop and execute remediation or exit plans. Ensure borrower understanding of triage and exit expectations, and coordinate directly with Relationship Managers and Credit Officers on client strategy. Document meetings, borrower discussions, and strategic milestones.

• Utilize internal early warning indicators and field insights to drive credit monitoring. Identify and escalate credits that exhibit signs of deterioration beyond initial scope, participate in deal review discussions and recommend risk mitigation actions.

• Collaborate cross-functionally with Credit, Lending and for portfolio reviews, asset quality meetings, and loan execution. Prepare and present reporting packages and risk summaries as needed.

• Ensure all credit files, memos, and risk ratings are accurately updated. Regularly review borrower performance and financial trends. Complete and present marginal and criticized credits to requisite approval authority.

 

Qualifications

Education

Bachelor Degree or the equivalent experience. Specialty: Finance, Accounting, Economics or related field. (Required)

 

Experience

7 or more years Commercial Credit and Underwriting. (Required)

 

5 or more years Commercial Relationship Management or equivalent.  (Required)

 

3 or more years exposure to distressed credits, credit workout or transitional lending. (Preferred)

Knowledge, Skills, and Abilities

• Strong financial analysis and credit structuring fundamentals (Required)

• Effective communicator with borrowers and internal partners (Required)
• Ability to balance empathy and discipline in borrower interactions (Required)

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates.  This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $111,100.00 - $185,100.00 annually.

Additional Compensation Components

 

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

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