Sr. Portfolio Manager

Job Summary

The Sr Portfolio Manager is a key member of the banking team and is responsible for managing an assigned portfolio's underwriting quality, portfolio administration, and credit quality. This role involves ensuring the portfolio's health and compliance with regulatory standards and identifying and executing opportunities to enhance customer relationships by offering tailored financial products and services.

Essential Job Functions

Underwriting and Credit Analysis:

• Perform in-depth credit analysis and risk assessment for new loan requests and portfolio reviews.
• Structure credit solutions that align with customer needs and the bank's risk appetite.
• Ensure adherence to the bank's credit policies, underwriting standards, and regulatory requirements.
• Able to underwrite and obtain credit approval between 2-4 commercial loans each month.

Portfolio Management:

• Oversee the performance of the assigned portfolio, including compliance with credit agreements and covenants.
• Monitor financial performance, market trends, and repayment behaviors of portfolio clients.
• Maintain detailed and accurate records of portfolio activities, communications, and risk assessments.

Credit Quality Assurance:

• Identify, evaluate, and mitigate potential risks within the portfolio.
• Proactively manage relationships with clients showing signs of financial stress, developing mutually beneficial solutions.
• Manage non-performing assets (NPAs) by implementing effective remediation strategies.

Customer Relationship Development:

• Build strong relationships with portfolio clients to understand their financial needs and goals.
• Identify opportunities to provide value-added products and services, such as treasury solutions, trade finance, and cash management.
• Collaborate with Relationship Managers and Product Specialists to deliver comprehensive financial solutions that drive client satisfaction and loyalty.

Cross-functional Collaboration:

• Serve as a liaison between customers, Relationship Managers, and internal credit committees to ensure seamless communication and service delivery.
• Support business development efforts by identifying and cultivating opportunities within the portfolio.
• Mentor and provide guidance to junior team members on portfolio management best practices.

Strategic Insights and Reporting:

• Analyze portfolio trends and provide actionable insights to leadership.
• Offer recommendations for portfolio growth, diversification, and risk mitigation.
• Stay informed on market developments and industry trends to anticipate client needs and risks.

Qualifications/Requirements

• Bachelor's degree in Business, Finance or related field or equivalent experience
• Minimum of 10 years of experience working in a Banking environment with emphasis on credit underwriting.
• Formal credit training is required.
• Ability to analyze financial and project statement, corporate and personal tax returns.
• Understanding of basic loan structure processes and regulations associated with lending
• Strong understanding of loan documentation criteria
• Excellent verbal and written communication skills;
• Proficiency with Microsoft Office Suite (Word, Excel, Powerpoint)
• Excellent interpersonal, customer relations and sales skills
• Ability to demonstrate being a self-starter, well-organized, detail-oriented
• Strong team work ethics is required
• Ability to converse and exchange information with all levels of staff within organization.
• Ability to observe, perceive, identify, and translate data
• Ability to work well independently and in a fast-paced environment
• Travel within the local market may be necessary

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally required to:

• stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch or crawl; talk to hear.
• The employee must occasionally lift and/or move up to 25 pounds.

While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate.

Education:

Associate's degree and related on the job experience required.