Senior Portfolio Manager

2 weeks ago


Conshohocken, Pennsylvania, United States FIRSTRUST SAVINGS BANK Full time
Objective

The Senior Portfolio Manager role necessitates extensive expertise and proficiency in applying sound judgement through best practices in credit and risk management.

FIRSTRUST SAVINGS BANK is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

Responsibilities/Duties
  • Ensure adherence to all Service Level Agreements, regulatory compliance standards, and the Bank's credit risk profiles while maintaining profitability.
  • Tasked with safeguarding the integrity of both pooled and individual portfolios, ensuring sustainable profitability, accurate risk assessment, and management of the annual review process.
  • Conducts analysis of portfolio relationships with appropriate collaboration from the Relationship Manager.
  • Develops financial models and credit memorandums, possessing both conceptual and practical knowledge of credit policies applicable to diverse scenarios.
  • Demonstrates a comprehensive understanding of organizational frameworks, documentation, covenants, and collateral structures.
  • Effectively monitors financial reporting obligations and reviews Borrowing Base certificates.
  • Utilizes best practices to formulate loan recommendations based on a thorough review of all underwriting criteria for final endorsement.
  • Maintains compliance with internal portfolio and underwriting processes, ensuring timely and precise data entry into Vikar and/or other centralized systems, while upholding high-quality documentation in a paperless environment.
  • Serves as a resource for less experienced colleagues and may lead projects with moderate resource demands, risk, and/or complexity.
Essential Functions

In performing the responsibilities of this position, the employee will frequently be ascending and descending, moving about, and lifting objects. Occasionally, this role requires the ability to exert up to 50 pounds throughout the day. The position involves the installation, operation, and handling of technical equipment such as personal computers, printers, and servers on a daily basis. The employee will communicate information and instructions to others and will engage with a computer terminal during sedentary tasks.

Knowledge - Skills & Abilities
  • 3-5 years of experience in banking and commercial credit.
  • In-depth knowledge of credit policies and procedures.
  • Ability to coach, lead, and inspire others.
  • Strong interpersonal skills along with effective oral and written communication abilities.
  • Familiarity with software and systems essential for successful job performance.
  • Must be a Subject Matter Expert in Vikar.
  • Demonstrated history of managing high-volume workflows.


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