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Senior Portfolio Manager
2 months ago
Job Title: Senior Portfolio Manager
Job Summary:
We are seeking a highly skilled Senior Portfolio Manager to join our Credit Delivery team at Truist Financial Corporation. As a Senior Portfolio Manager, you will be responsible for managing a large portfolio of clients and owning the overall quality and on-time completion of all annual reviews, renewals, amendments/waivers, ancillary credit product approvals, and quarterly risk ratings.
Key Responsibilities:
- Manage a large portfolio of clients and own the overall quality and on-time completion of all annual reviews, renewals, amendments/waivers, ancillary credit product approvals, and quarterly risk ratings.
- Provide an independent, in-depth analysis of financial statements, valuation, projections, including stress tests, industry and competitive dynamics, business plans, and key risks and mitigants.
- Execute high-quality underwritings, refinancings, and amendments, including extensive due diligence, recommendations around structure, pricing, and capital allocation, and application of credit policy in order to develop solutions that meet client needs while maintaining appropriate risk acceptance criteria.
- Actively manage portfolio risk through risk rating integrity, annual client reviews, watchlist management, and amendments/waivers, as well as executing compliance, audit, and regulatory guidelines and reviews.
- Identify emerging credit problems and industry trends in order to initiate risk mitigation actions and ensure appropriate capital allocation.
- Develop and maintain knowledge mastery of each client, the industry in which it operates, and the competitive environment within that industry.
- Negotiate and ensure that legal documentation related to credit events incorporates terms and conditions as approved in strict accordance with all elements reflected in credit package/closing memo.
Requirements:
- Undergraduate degree.
- 5 years of experience in underwriting, portfolio management, and credit decision making for corporate and investment banking clients.
- Strong understanding of accounting, credit, structuring, underwriting, and legal documentation.
- Excellent verbal and written communication, organizational, analytical, critical thinking, and problem-solving skills.
- Licenses: Series 79; Series 63; SIE.
About Us:
Truist Financial Corporation is a leading financial organization that provides a wide range of financial services to individuals, businesses, and institutions. We are committed to delivering exceptional customer service and building long-term relationships with our clients.