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Truist Bank

Truist Bank

Offers integrated banking, lending, wealth management

Special Assets Senior Portfolio Manager - Leveraged and Corporate Finance

Full-TimeUpdated on 9/22/2026
No salary listed
Expert
Bachelor's, Master's
Orlando, FL, USA+2 more

More locations: Charlotte, NC, USA | Atlanta, GA, USA

Remote

Occasional overnight travel may be required.

About the job

Requirements
  • A bachelor's degree, or equivalent education and related training, is required.
  • Ten or more years of experience in commercial lending and/or credit is required.
  • Comprehensive commercial lending, underwriting, and regulatory knowledge is required.
  • Demonstrated effective problem-solving skills are required.
  • Understanding of financial and cost accounting principles is required.
  • Strong interpersonal, written, and communication skills are required.
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products, is required.
Responsibilities
  • Independently manage a classified loan portfolio involving complex credit structures, including syndicated corporate, leveraged finance, and middle-market exposures with elevated risk profiles.
  • Develop, interpret, and challenge advanced analytical financial models, including financial projections, discounted cash flow analysis, enterprise valuation, and historical and projected cash-flow analysis, to support credit decisioning, restructuring strategies, and downside-risk assessment.
  • Coordinate and analyze complex credit situations by engaging internal stakeholders and external restructuring professionals, including legal counsel, financial advisors, investment bankers, and other vendors involved in credit resolution and workout activities.
  • Assign, support, and document risk grades for assigned exposures in accordance with bank policy, regulatory guidance, and supervisory expectations, ensuring accuracy, defensibility, and audit readiness.
  • Prepare and maintain reporting related to impairment analysis, accrual-status justification, criticized-loan-asset reporting, and other regulatory or management reporting.
  • Support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment for credit-request packages in large and complex wholesale-lending or specialty business segments.
  • Analyze and recommend adjustments to financial-statement spreads.
  • Interact verbally and in writing with clients regarding pending loan requests or portfolio-management actions.
  • Understand and articulate wholesale-credit policies, procedures, and processes; recommend credit within the bank's risk appetite and document appropriate exceptions.
  • Apply specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, SBA lending, and other product offerings as required.
  • Exercise prudent credit judgment through individual loan authority, if applicable.
  • Develop teammates through coaching and mentoring in underwriting, policy, credit structuring, risk identification, and lending-authority utilization.
  • Effectively manage a team of Portfolio Managers, if applicable.
  • Monitor changing business and economic developments affecting the loan portfolio, profitability, risk management, and banking.
  • Travel overnight occasionally if required.
Desired Qualifications
  • A master's degree in Finance, Accounting, Economics, or Business, or equivalent financial industry training, is preferred.
  • RMA Credit Risk Certification is preferred.
  • Demonstrated proficiency in commercial lending systems is preferred.

About the company

Truist provides banking, lending, and wealth management services to individuals, small businesses, and large corporations across the United States. It operates through integrated relationship management, offering personal and commercial banking, loan products, and advisory wealth services. Customers access deposits, loans, payment services, and investment advice, with revenue coming from interest on loans, banking fees, and advisory fees. The firm differentiates itself by delivering coordinated financial solutions across different client segments and by pursuing strategic partnerships and community initiatives to support local development. Its goal is to inspire and build better lives and communities by helping clients manage money, grow assets, and strengthen relationships with their bank.

Company Size

10,001+

Company Stage

IPO

Headquarters

Washington DC, District of Columbia

Founded

2018

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Simplify's Take

What believers are saying

  • September 15, 2026 auto-loan sale frees $5.2 billion and 22 basis points of CET1.
  • September 9, 2026 AI deployment saved teammates 36,000 hours in second quarter 2026.
  • Premier deposit production rose 27% year over year, strengthening Truist’s wealth pipeline.

What critics are saying

  • September 2026 layoffs tied to the $5.5 billion auto exit show shrinking legacy businesses.
  • The $240 million overdraft settlement keeps Truist exposed to more consumer litigation and reputational damage.
  • If wealth and commercial growth stall, Truist becomes a slower, less relevant regional bank.

What makes Truist Bank unique

  • Truist’s September 2026 AI call summaries automate 70% of care-center interactions.
  • Truist Premier targets $100,000-plus households with advisers, digital planning, and priority support.
  • Truist Securities keeps expanding into sectors like TMT, insurance, and healthcare in 2026.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
The Business Journals
Sep 17th, 2026
Truist's $5.5B pivot leads to 253 layoffs in Eastern North Carolina.

Truist's $5.5B pivot leads to 253 layoffs in Eastern North Carolina. By Ben Tobin - Reporter, Triangle Business Journal Sep 17, 2026 Preview this article 1 min A Truist subsidiary headquartered in Greenville is laying off hundreds workers. Don't Stop Here - Continue Reading For $1 Per Week Secure 4 weeks of award-winning news and trusted insights Subscribe for only $4 Thursday, October 29, 2026 Corridors of Opportunity - Greenville & Surrounding Area Join us for an engaging, nuanced and insightful conversation with Pitt County's business and civic leaders to discuss economic development, health care and life sciences, housing and infrastructure, Greenville's continued growth and what's next.

Yahoo Finance
Sep 16th, 2026
Truist Financial sells $5.5B auto loan portfolio, exits near-prime lending business

Truist Financial will sell its $5.5 billion near-prime auto loan portfolio and exit its Regional Acceptance Corporation business. The transaction is expected to generate approximately $950 million in capital and modestly improve earnings, tangible book value and credit metrics. CFO Mike Maguire said the business was roughly break-even despite loan yields of about 12%, as marginal funding costs of around 4% and loss rates of 7% to 8% offset the returns. The sale is under contract and represents substantially all of the unit's assets. The bank reaffirmed its financial outlook, including third-quarter net interest income growth of about 1.5% and full-year growth of 1% to 1.5%. However, the sale is expected to reduce net interest margin by 4 to 5 basis points. CEO Mike Lyons is accelerating a portfolio review, with Truist focusing on relationship banking, deposits and commercial lending.

Yahoo Finance
Sep 16th, 2026
Truist deploys AI call summaries and appoints wealth director amid efficiency push

Truist Financial has introduced AI-generated call summaries across its care centres to streamline client interactions and internal workflows. The bank is using generative AI to automate post-call documentation for service representatives throughout its support network. Additionally, Truist has appointed Tory Sherman as Wealth Brokerage national director to oversee its wealth-focused brokerage operations. The US banking group, with a reported market value of approximately $61.6 billion, operates retail banking, commercial lending, and wealth services across the Southeastern and Mid-Atlantic regions. These initiatives align with Truist's broader strategy to reduce operational costs through digital adoption and technology investments whilst positioning itself for revenue and margin expansion. The moves mirror similar efficiency efforts by competitors including Wells Fargo and Bank of America.

MarketScreener
Sep 15th, 2026
Truist Financial to Sell $5.5 Billion of Regional Acceptance Auto Loans to Apollo

Truist Financial to Sell $5.5 Billion of Regional Acceptance Auto Loans to Apollo Published on 09/15/2026 at 11:09 am EDT MT Newswires

PR Newswire
Sep 15th, 2026
The AJ Terrell Jr. Foundation announces inaugural Student-Athlete Leadership Conference and The 24 induction presented by Truist.

The AJ Terrell Jr. Foundation announces inaugural Student-Athlete Leadership Conference and The 24 induction presented by Truist. Sep 15, 2026, 10:00 ET ATLANTA, Sept. 15, 2026 /PRNewswire/ - Atlanta Falcons All-Pro cornerback AJ Terrell Jr. continues to expand his commitment to Atlanta's youth through the AJ Terrell Jr. Foundation, building upon the community impact that led to his recognition as the 2025 Atlanta Falcons Walter Payton NFL Man of the Year Club Winner. On Saturday, Sept. 26, 2026, about 350 student-athletes will convene at the Loudermilk Conference Center in Atlanta for the inaugural AJT Academy Student-Athlete Leadership Conference presented by Truist, an immersive day designed to equip high school student-athletes with resources, knowledge and leadership skills that extend beyond the field of play. "At Truist, we believe purpose-driven partnerships can create meaningful opportunities for young people to build confidence, strengthen leadership skills and prepare for their futures," said Katie Saez, Truist regional president for Georgia and Alabama. "We're proud to support AJ Terrell Jr. and the AJ Terrell Jr. Foundation as they invest in student-athletes across Atlanta and help equip them with tools that extend far beyond the game." The conference will officially launch the 2026-2027 AJT Academy year and culminate with the induction of The 24, a leadership and ambassador program that selects 24 student-athletes from each participating school based on their leadership potential, resilience, character, academic commitment, and ability to positively influence their campus and community. Participating student-athletes will represent Westlake High School, Frederick Douglass High School and Benjamin E. Mays High School. The conference will also bring together academic athletic coaches, athletic directors, school administrators and athletic coaches, AJ Terrell Jr. Foundation leadership, program partners and invited community stakeholders. "The AJT Academy Student-Athlete Leadership Conference reflects what can happen when schools, families, coaches, and community partners come together around a shared purpose," says Ashly Cargle-Thompson, Executive Director of the AJ Terrell Jr. Foundation. "Closing opportunity gaps takes all of us, and we believe sports should be a launch pad, not an escape hatch, for young people to lead with empathy, reach their full potential, and create lasting change in their communities." The conference will take place from 9 a.m. to 2 p.m. at the Loudermilk Conference Center, 40 Courtland St NE, Atlanta, GA 30303. Programming will feature a series of informational and interactive workshops focused on mental health and well-being, financial literacy and education, and professional development. Student-athletes will also receive complimentary professional headshots provided by Cam Kirk Studios, helping participants begin building their professional presence and personal brand. About the AJ Terrell Jr. Foundation The AJ Terrell Jr. Foundation is committed to advancing Atlanta's future by investing in its greatest asset, its youth. Through strategic programming and collaborative partnerships with organizations of all sizes, we provide essential resources, leadership development, and sustainable support systems. By fostering community-driven solutions, we aim to create lasting, equitable opportunities that empower the next generation and strengthen the city as a whole. For more information, visit: ajtfoundation.org About Truist Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top 10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com SOURCE AJ Terrell Jr. Foundation