Portfolio Manager

$59,280 - $91,293/Yr

United Community Bank, N.A. - Orlando, FL

Full-time - Mid Level

Orlando, FL

Credit Intermediation and Related Activities

About the position

The Portfolio Manager is responsible for managing larger commercial credits, ensuring that the portfolio meets soundness, profitability, and growth objectives. This role provides essential credit and sales support to the Commercial Lending team. The Portfolio Manager will work closely with lenders to oversee all aspects of the local loan portfolio, which includes conducting annual reviews, managing past dues, ensuring covenant compliance, and utilizing various portfolio management tools. The position requires active participation in the loan process, including calling, underwriting, presenting throughout the credit approval chain, and closing deals. In addition to managing the portfolio, the Portfolio Manager will identify and collect all relevant information necessary to analyze credit requests. This includes coordinating with Credit Analysts to prepare Loan Approval Requests (LARs), credit memos, financial spreads, and related documentation. The role also involves serving as a secondary contact for client relationships and identifying cross-sell opportunities with both new and existing clients. The Portfolio Manager will prepare commitment letters and review loan documents, assisting lenders in their prospecting efforts. The position requires a strong understanding of credit policy, banking regulations, and loan documentation issues. The Portfolio Manager must possess excellent interpersonal and communication skills, both verbal and written, and be able to develop and maintain cooperative working relationships with co-workers. Time management and personal organization skills are essential, as the role requires effective workload prioritization to meet deadlines. Participation in compliance training, including Bank Secrecy Act and anti-money laundering training, is also a requirement.

Responsibilities

• Manage larger commercial credits to ensure soundness, profitability, and growth objectives.
• Work with lenders to manage all aspects of the local loan portfolio, including annual reviews and covenant compliance.
• Participate in all aspects of the loan process including calling, underwriting, and closing.
• Identify and collect relevant information required to analyze credit requests.
• Coordinate with Credit Analysts in the preparation of LARs, credit memos, and financial spreads.
• Serve as a secondary contact on client relationships.
• Identify cross-sell opportunities with new and existing clients.
• Prepare commitment letters and review loan documents.
• Assist lenders in their prospecting efforts.

Requirements

• Bachelor's Degree from an accredited school with coursework in finance and accounting preferred.
• 5+ years' work experience related to various aspects of commercial lending.
• Proficient knowledge of credit policy, banking regulations, and loan documentation issues.
• Ability to spread, analyze, and interpret complex business and personal financial statements and tax returns.
• Ability to analyze relationships, clients, and prospects globally.
• Ability to identify strengths and weaknesses of individual requests and make recommendations to mitigate risks.
• Prepare and present credit analysis packages through the credit approval chain with limited supervision.
• Extensive knowledge of various loan structures and ability to apply this knowledge in credit recommendations.
• Excellent interpersonal and communication skills, both verbal and written.
• Good personal organization and time management skills.

Nice-to-haves

• Experience with in-house financial reporting applications, including Navigator.
• Good mathematical, reading comprehension, and writing skills.