Portfolio Manager

2 months ago


Conshohocken, United States Firstrust Bank Full time

The Portfolio Manager III requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.


*Hybrid Schedule*

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran


  • Ensure all Service Level Agreements, regulatory compliance requirements, and Bank’s credit risk profiles and profitability are monitored and maintained.
  • Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.
  • Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.
  • Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.
  • Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.
  • Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.
  • Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
  • Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a
  • paperless environment.
  • Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity.


Experience:


  • 3-5 years of banking experience and commercial credit
  • Extensive knowledge of and experience with credit policies and procedures.
  • Demonstrates the ability to coach, lead, and motivate.
  • Strong interpersonal skills and good oral written communication skills.
  • Knowledge of software/systems required to successfully perform job function.
  • Must be a Vikar Subject Matter Expert.
  • Proven history of managing high volume workflows.


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