ABL National Underwriting Managing Director and Team Lead (ABL)

Location: Chicago, IL; office workplace type

Salary: $125,000–$255,000 annual base salary, plus eligibility for applicable incentive compensation and benefits.

Company

hirify.global provides commercial banking and asset-based lending services.

What you will do

• Lead and develop a national team of ABL underwriters, including hiring, mentoring, capacity planning, performance management, and credit judgment calibration.
• Direct underwriting for new money, amendments, and renewals across revolvers, term loans, FILO facilities, seasonal lines, and complex sponsor-backed capital structures.
• Present complex credits to senior credit forums with clear risk-reward analysis, stress cases, recommendations, and mitigation actions.
• Oversee collateral diligence, field exams, borrowing-base reporting, eligibility criteria, reserves, concentration limits, appraisals, and availability controls.
• Partner with business development, relationship and portfolio management, credit, legal, operations, collateral teams, audit, and risk functions.
• Use analytics, workflow automation, and ABL systems to improve approval quality, cycle time, underwriting scalability, and portfolio performance.

Requirements

• Bachelor’s degree in finance, accounting, business, or a related field.
• 10+ years of ABL underwriting experience.
• 2+ years leading underwriters or serving in a formal team lead role.
• Expertise in ABL structures, borrowing bases, advance rates, reserves, dominion, availability blocks, collateral monitoring, and liquidation analysis.
• Strong financial statement analysis, financial modeling, cash-flow analysis, credit memo writing, and presentation skills.
• Familiarity with OCC leveraged lending and ABL supervisory guidance, regulatory examinations, audit remediation, and enterprise risk management.

Nice to have

• 15+ years of commercial credit experience.
• Experience coordinating field exams and collateral appraisals, including eligibility, dilution, and inventory obsolescence reviews.
• Experience with stressed or distressed ABL credits, restructuring, liquidity management, and amendment negotiations.
• Advanced degree, CFA, or FRM.
• Experience managing distributed teams and high-volume, complex deal pipelines.

Culture & Benefits

• Office-based workplace with potential flexible work arrangements for eligible positions, as determined by the hiring team.
• Health insurance, wellness programs, life and disability insurance, retirement savings, paid leave, paid holidays, and paid time off.
• Exempt position and eligibility for applicable incentive compensation.