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ABL Structuring VP

Truist

Chicago, ILJob$175K/yrSeen 4 days agoSeen in employer's feed 4 days ago

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At a glance

Compensation
$175K/yr
Location
Chicago, IL
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

Series 79 And 63 LicensesBachelor's degree

Job overview

The ABL Structuring team structures, underwrites, and closes asset-based lending transactions, using quantitative and qualitative analysis to obtain Truist balance-sheet commitments and support distribution risk decisions. The role underwrites and closes transactions, develops junior talent, assesses transaction risk, negotiates basic legal documents, and coordinates with internal partners. It requires a BA/BS, Series 79 and 63 licenses, and 7–11 years of related work experience; an MBA and structuring or underwriting experience are preferred.

Skills & qualifications

RequiredNice to have

Skills

Financial AnalysisFinancial ModelingAnalytical SkillsInterpersonal SkillsCross-Functional CollaborationCapital MarketsProduct StructuringUnderwriting

Qualifications

Bachelor's DegreeSeries 79 and 63 Licenses7+ Years Related ExperienceMBA in Finance

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
401(k) Match
Paid Time Off

Full job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility ([email protected]?subject=Accommodation%20request)

(accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The ABL Structuring team structures, underwrites and closes asset-based lending transactions. Requires in depth quantitative and qualitative analysis to obtain Truist's balance sheet commitment as well as supporting distribution risk decisions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  1. Underwrite and close ABL transactions; Begin to exhibit independent structuring thoughts

  2. Mentor, coach and develop junior talent.

  3. Demonstrate thorough qualitative and quantitative analysis; identify, quantify, and prioritize transaction risk.

  4. Negotiate basic legal documents.

  5. Comply with risk policies and procedures.

  6. Work with originations, portfolio management, legal, compliance and risk partners to facilitate seamless execution.

  7. Demonstrate Truist culture and values.

Required Qualifications

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  1. BA/BS degree

  2. Licenses: Series 79 / 63

  3. 7-11 years of related work experience

  4. Strong technical skills, (including financial analysis, modeling,)

  5. Demonstrated analytical skills - ability to distill complex data into concise and relevant issues.

  6. Strong interpersonal skills which foster teamwork, trust and accountability

  7. Demonstrated ability to collaborate across functional areas to facilitate execution

Preferred Qualifications

  1. MBA degree, with a Finance focus

  2. Capital markets or other product structuring/underwriting experience

The annual base salary for this position is $175,000.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)

. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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How this job compares

Set against the 726 open Underwriting jobs on Olive Jobs, counted October 27, 2026.

Pay
  • This posting$175K/yr
  • Illinois median$102–175K/yr31 salary ranges
  • US median$109–185K/yr502 salary ranges

This rate, $175K, is 16% above the Illinois median midpoint ($151K) — in the top quarter of Underwriting salary ranges in Illinois.

Openings
Olive Jobs lists 37 open Underwriting jobs in Illinois and 726 across the US. 6% of them nationwide are listed as remote or flexible.
Hiring the most in Illinois
Experience
This posting asks for at least 7 years of experience; Underwriting postings that state a minimum ask for 5 years at the median (521 postings).
Education
This posting asks for a bachelor's degree; 236 of the 726 open Underwriting jobs (33%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on October 27, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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