Portfolio Manager - Middle Market Houston

Comerica - Houston, TX

Full-time - Mid Level

Houston, TX

Credit Intermediation and Related Activities

About the position

The Portfolio Manager for Middle Market in Houston 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 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, overseeing reviews and renewals for complex credit customers.
• 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 two 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 and provide qualitative input for RECAP creation.
• Prepare for and present at loan committees and credit quality reviews in conjunction with management.
• Coordinate with Loan Closers to facilitate the closing of 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 on variances.
• Identify and resolve operational and credit issues with loans in the portfolio.
• Manage 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 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.
• May provide informal team leadership responsibilities in support of the General Manager.
• Identify and close incremental financial solutions to retain and expand the portfolio's profitability.
• Promote the public bank image through community and business development activities.

Requirements

• Proven experience in portfolio management and risk assessment.
• Strong understanding of commercial lending and credit analysis.
• Excellent relationship management skills with a focus on customer service.
• Ability to negotiate loan documentation and terms effectively.
• Experience in coordinating with internal teams and external partners.

Nice-to-haves

• Experience in corporate finance and syndications.
• Familiarity with regulatory compliance in banking.
• Strong analytical and problem-solving skills.

Benefits

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