Centralized Lending - Portfolio Manager III & IV

Truist Financial - Orlando, FL

Part-time,Full-time - Mid Level

Onsite - Orlando, FL

Credit Intermediation and Related Activities

About the position

The position is responsible for underwriting all credit requests, which includes both new requests and credit decisioning within specific portfolios. The individual in this role will be accountable for recommending credit structures that align with quality and profitability standards within assigned geographies. A fundamental aspect of the job involves ensuring adherence to the risk philosophy, risk appetite, and lending strategies while maintaining a high level of client responsiveness. The role requires analyzing financial statements and navigating a wide variety of financial structures and credit scenarios. It is essential that all commercial lending activities are executed in accordance with Truist's policies and procedures. Additionally, the position involves building effective relationships with Risk Management and client managers. The work environment is structured such that employees are currently required to be in the office three days a week, transitioning to four days a week starting October 1st, with one day of remote work. Candidates must be willing to work in one of the specified locations: Richmond, VA; Atlanta, GA; Orlando, FL; or Greensboro, NC. Full remote work is not an option, and no relocation assistance is provided. Essential duties include supporting the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment in credit request packages for a large and complex segment of the wholesale loan portfolio. The individual will ensure that packages are complete, accurate, and thoroughly documented. They will also analyze and recommend adjustments to financial statement spreads, interact with clients regarding pending loan requests or portfolio management actions, and understand and articulate all Truist Wholesale Credit policies, procedures, and processes. The role may require specialized underwriting skills for various lending products, including Commercial and Industrial, Commercial Real Estate, and SBA lending. The individual will exercise prudent credit judgment through individual loan authority, if applicable, and must stay informed about changing business and economic developments that may impact the loan portfolio, its profitability, and risk management.

Responsibilities

• Underwrite all credit requests, including new requests and credit decisioning within portfolios.
• Recommend credit structures with respect to quality and profitability within assigned geographies.
• Ensure adherence to risk philosophy, risk appetite, and lending strategies while maintaining client responsiveness.
• Analyze financial statements and navigate various financial structures and credit scenarios.
• Ensure commercial lending activities comply with Truist's policies and procedures.
• Build effective relationships with Risk Management and client managers.
• Support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment.
• Ensure credit request packages are complete, accurate, and thoroughly documented.
• Interact with clients regarding pending loan requests or portfolio management actions.
• Understand and articulate Truist Wholesale Credit policies, procedures, and processes.
• Recommend credit within the Bank's risk appetite and document exceptions when appropriate.
• Recommend ongoing servicing, including covenants, for loans.
• Exercise prudent credit judgment through individual loan authority, if applicable.
• Stay informed about changing business and economic developments that may impact the loan portfolio.

Requirements

• Bachelor's degree or equivalent education and related training.
• 5+ years of experience in commercial lending and/or credit experience.
• Comprehensive knowledge of commercial lending, underwriting, and regulatory requirements.
• Demonstrated effective problem-solving skills.
• Understanding of financial and cost accounting principles.
• Strong interpersonal, written, and communication skills.
• Proficiency in basic computer applications, such as Microsoft Office software products.

Nice-to-haves

• Master's degree in Finance, Accounting, Economics, Business, or equivalent financial industry training.
• RMA - Credit Risk Certification.
• Demonstrated proficiency in commercial lending systems.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment insurance
• Tax-preferred savings accounts
• 401k plan
• Vacation days (minimum of 10 days)
• Sick days (minimum of 10 days)
• Paid holidays
• Defined benefit pension plan (depending on position)
• Restricted stock units (depending on position)
• Deferred compensation plan (depending on position)