Portfolio Manager - Middle Market Houston

Comerica - Houston, TX

Full-time - Senior

Houston, TX

Credit Intermediation and Related Activities

About the position

The Senior Portfolio Manager is responsible for independently managing a portfolio of complex customer relationships, ensuring ongoing profitability and compliance with credit terms. This role involves maintaining a deep understanding of the commercial, economic, and financial circumstances affecting customers, coordinating with internal partners to support the servicing of the existing customer base, and promoting additional financial services.

Responsibilities

• Retain and manage existing loan portfolio, overseeing all reviews and renewals for existing credit customers.
• Formulate opinions on whether customer relationships continue to be acceptable risks.
• Decide loan terms and conditions within own credit limits or recommend to appropriate authority.
• Develop and maintain direct relationships with customers, targeting a minimum of 2 in-person contacts per year.
• Provide oversight and guidance to credit support in underwriting for renewals and reviews.
• Assist Corporate Finance on CMA led syndications.
• Provide qualitative input for RECAP creation.
• Prepare for and present at loan committees and credit quality reviews in conjunction with manager.
• Coordinate with Loan Closers to facilitate closing of renewals or amendments.
• Adhere to Risk Management policies and guidelines, ensuring regulatory compliance and portfolio management.
• Monitor existing loans for compliance with loan agreement terms and recommend corrective actions on variances.
• Identify and resolve operational and credit issues with loans in the portfolio.
• Manage all non-loan credit and product risk products for existing clients, including treasury approvals and documentation.
• Handle ad hoc and regulatory reporting within the existing portfolio.
• Monitor, track, and assist in the collection of past due loan payments, exceptions, overdrafts, and maturing loans.
• Provide day-to-day servicing of the portfolio, including credit risk monitoring.
• Conduct interviews to gather information about the customer's business and financing needs.
• May provide informal team leadership responsibilities in support of the GM.
• Identify and close appropriate incremental financial solutions to retain and expand the portfolio's profitability.
• Promote the public bank image through involvement in community and business development activities.

Requirements

• Proven experience in portfolio management and risk assessment.
• Strong understanding of credit terms and financial services.
• Excellent relationship management skills with a focus on customer service.
• Ability to analyze complex financial situations and make informed decisions.
• Experience in negotiating loan documentation and working with legal counsel.
• Strong communication and presentation skills for loan committees and credit quality reviews.

Nice-to-haves

• Experience in corporate finance and syndications.
• Familiarity with regulatory compliance in banking and finance.
• Ability to lead informal teams and mentor junior staff.

Benefits

• Health insurance coverage
• 401k retirement savings plan
• Paid holidays and vacation time
• Professional development opportunities