Portfolio Manager - Middle Market Houston

Comerica - Houston, TX

Full-time - Mid Level

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 an in-depth understanding of commercial and financial circumstances affecting customers, coordinating with internal partners, and promoting additional financial services to enhance customer relationships.

Responsibilities

• Retain and manage existing loan portfolio, including complex accounts.
• Formulate opinions on the acceptability of customer relationships as risks.
• Decide loan terms and conditions within 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.
• Negotiate loan documentation with counsel.
• Assist Corporate Finance on CMA led syndications.
• Provide qualitative input for RECAP creation.
• Prepare for and present at loan committees and credit quality reviews with manager.
• Coordinate with Loan Closers for closing renewals or amendments.
• Adhere to Risk Management policies and guidelines, ensuring regulatory compliance and portfolio management.
• Monitor existing loans for compliance with terms and recommend corrective actions.
• Identify and resolve operational and credit issues with loans in the portfolio.
• Manage non-loan credit and product risk products for existing clients.
• Handle ad hoc and regulatory reporting requests for the portfolio.
• Monitor and assist in the collection of past due loan payments and maturing loans.
• Provide day-to-day servicing of the portfolio, including credit risk monitoring.
• Conduct interviews to gather information about customers' business and financing needs.
• Promote public bank image through community and business development activities.

Requirements

• Bachelor's degree from an accredited university.
• Completion of a formal credit training program.
• 5 years of commercial underwriting, credit, and/or lending experience or 7 years of experience in Lending or Credit.