About the position
The Portfolio Manager is a key member of the coverage team, managing transactions and business portfolio tasks. PMs are expected to be intimately involved in the deal process, making recommendations on appropriate credit structures, pricing, etc. PMs are directly accountable for managing a portfolio of accounts through their review of updated financial statements, proactive monitoring, and interaction with the Credit Analyst. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Responsibilities
- Accountable for managing a portfolio of accounts.
- Review and recommend credit decisions.
- Partner with the Relationship Manager to meet with clients and participate in business development calls.
- Assess prospective client's viability for credit.
- Define borrowers and guarantors, deal structure, credit terms and conditions, and financial covenants value collateral.
- Generate commitment letters.
- Provide business partners credit lending policy interpretation.
- Perform final risk rating analysis.
- Capture and document credit decisions, conditions, and modifications.
- Collaborate with the Credit Analyst to perform portfolio management duties.
- Establish and maintain Investor Group on lender Portal.
- Perform monitoring actions and conduct periodic deal reviews.
- Communicate directly with clients regarding credit events and actions as needed.
- Work independently to pitch the most complex deal structures.
- Act as a subject-matter-expert and mentor to more junior PMs and Credit Analysts.
- Leverage expertise to provide partners insights into the Bank's different lines of business and the related economics.
Requirements
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
- At least 8 years credit analysis and/or loan review experience in Commercial Banking.
- Highly proficient analytical skills, critical thinking and communication skills.
- Professional presence (client-facing).
- Experience managing an advanced commercial client portfolio with a great deal of complexity.
- Ability to partner with all deal stakeholders including clients, relationship manager and credit teams.
- Expertise in financial and risk analysis, including financial modeling.
- Demonstrated expertise in using effective problem solving.
- Proficient with technology and ability to learn new applications.
Benefits
- Supportive career development and comprehensive health and financial wellness programs.
- An environment where achievements are celebrated and collaboration is encouraged.
- An opportunity to make a difference in a positive and lasting way.
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