Truist Financial - Greensboro, NC
posted 3 months ago
The Portfolio Manager II or III position at Truist is a critical role 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 the quality and profitability standards set by the organization, particularly within assigned geographies. A key aspect of this position is to ensure adherence to the company's risk philosophy, risk appetite, and lending strategies while maintaining a high level of responsiveness to clients. The role requires a thorough analysis of financial statements and the ability to navigate 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, and the Portfolio Manager will be expected to build effective relationships with Risk Management and client managers. The position is structured to support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment in credit request packages, particularly in moderate-sized or large homogeneous portfolios. The Portfolio Manager will ensure that all packages are complete, accurate, and thoroughly documented. This includes analyzing and recommending adjustments to financial statement spreads and interacting with clients both verbally and in writing regarding pending loan requests or portfolio management actions. A comprehensive understanding of Truist's Wholesale Credit policies, procedures, and processes is necessary, as well as the ability to recommend credit within the Bank's risk appetite and document exceptions when appropriate. The role may also require specialized underwriting skills for various lending products, including Commercial and Industrial, Commercial Real Estate, and SBA lending. Additionally, the Portfolio Manager will need to exercise prudent credit judgment through individual loan authority, if applicable, and stay informed about changing business and economic developments that could impact the loan portfolio, its profitability, and risk management practices. The position is based in Greensboro, NC, with a hybrid work model requiring in-office attendance four days a week starting October 1st, 2023, and 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, as there is no full remote or telecommute option available.