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Portfolio Manager

2 months ago


Memphis, Tennessee, United States First Horizon Bank Full time
Job Summary

We are seeking a highly skilled Portfolio Manager to join our Centralized Commercial Lending team. As a Portfolio Manager, you will be responsible for proactively managing portfolios by identifying trends and alerting management to changes in portfolio conditions. You will partner with relationship managers to finalize credit package terms, workout structures, and independently prioritize requests. Additional duties include past due loan monitoring within the CCL portfolio and identifying potential downgrade situations.

Key Responsibilities
  • Credit Analysis and Decision Making: Review cash flows and Moody's spreads prepared by the Credit Analyst, conduct in-depth analyses of financial information to form a recommendation of approval or denial of new loans in accordance with the Bank's policy and procedures. Prepare Credit Origination Memorandum in a clearly written concise manner, identifying strengths, risks, and mitigating factors.
  • Portfolio Management: Ability to prepare high-quality, detailed credit approval documents that contain an in-depth analysis, an understanding of, and identification of credit issues and risks. Ability to spread and interpret financial statements, tax returns, and projections using Excel.
  • Loan Structuring and Alternative Structures: Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
  • Time Management and Productivity: Ability to work in a high-volume environment, meeting or exceeding Service Level Agreements and turn time goals throughout the process, providing credit decisions in a timely manner.
  • Special Projects and Support: Work independently on special projects related to credit topics and issues as requested by Bank Credit team(s). Support the Bank's strong relationship banking culture through on-going internal partner contact, quality customer service, and superior product knowledge.
Qualifications
  • Education: Bachelor's degree required for consideration or equivalent combination of education and experience.
  • Experience: Five years of commercial credit underwriting experience preferred.
  • Skills and Abilities: Fundamental understanding of commercial credit underwriting. Ability to interact with all levels of staff and management. Ability to work successfully in a deadline-driven team environment. Strong MS Office skills, especially with Excel. Must be organized and detail-oriented with the ability to multitask. Good written and oral communication skills. Good fundamental understanding of general bank operations, proficient understanding of the components of financial planning, deposit products, small business products, investment, and insurance products.
About Us

First Horizon is a leading regional financial services company, dedicated to helping our clients, communities, and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately ~7,300 associates and ~418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

Benefits
  • Medical, Dental, and Vision: Comprehensive medical, dental, and vision benefits for you and your family.
  • HSA with Company Match: Contribute to a Health Savings Account (HSA) with a company match.
  • Maternity and Parental Leave: Take time off to care for your new baby or family member.
  • Tuition Reimbursement: Pursue your education goals with tuition reimbursement.
  • Mentor Program: Develop your skills and career with a mentor program.
  • 401(k) with 6% Match: Save for your future with a 401(k) plan and company match.
Corporate Diversity Commitment

We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.