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Commercial Portfolio Manager
2 months ago
Make Banking a Fifth Third Better
We connect great people to great opportunities. Are you ready to take the next step in your banking career?
Job Summary:
The Portfolio Manager is a key member of our coverage team, responsible for managing transactions and business portfolio tasks. This role requires a high level of analytical skills, critical thinking, and verbal and written communication skills.
Key Responsibilities:
- Manage a portfolio of accounts, including reviewing and recommending credit decisions.
- Partner with the Relationship Manager to form the coverage team, meeting with clients and participating in business development calls.
- Assess prospective clients' viability for credit, defining borrowers and guarantors, deal structure, credit terms and conditions, and financial covenants.
- Value collateral, generate commitment letters, and assist in providing business partners with 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, including establishing and maintaining investor groups on lender portals, performing monitoring actions, and conducting periodic deal reviews.
- Execute decisions to renew or modify deals, communicate directly with clients regarding credit events and actions as needed.
- Mentor junior PMs and Credit Analysts, focusing on continuous learning to keep up with ever-changing market dynamics.
Requirements:
- Bachelor's degree in Business (e.g., Business Administration, Finance, or Accounting).
- At least 3 years of credit analysis and/or loan review experience in commercial banking.
- Advanced analytical skills, critical thinking, and verbal and written communication skills.
- Professional presence (client-facing).
- Experience managing an advanced commercial client portfolio with some degree of complexity.
- Ability to partner with all deal stakeholders, including clients, relationship managers, 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.
Working Conditions:
- Normal office environment with little exposure to dust, noise, temperature, and the like.
- Extended viewing of a CRT screen.
- Some travel required.