Associate Commercial Portfolio Manager

Fortis Bancorp is the $1.3 billion bank holding company for Fortis Bank, a full-service bank providing loans, deposits, and cash management services to businesses and their principals, with branch locations in Colorado and Utah.

About the role

The Associate Commercial Portfolio Manager (“APM”) supports Commercial Portfolio Managers in underwriting new loan opportunities and servicing existing clients. This role focuses on converting commercial loan opportunities generated by Bankers and assisting in client meetings, without the requirement to source new business. The APM partners closely with Bankers, Portfolio Managers, and Relationship Managers to deliver outstanding solutions to clients.

The ideal candidate will undertake a variety of tasks, work diligently under pressure, and maintain a high degree of attention to detail and discretion. They will also incorporate new and effective ways to achieve better results.

Responsibilities

• Assist Bankers and Portfolio Managers in managing a portfolio of commercial clients.
• Respond to client inquiries and provide assistance with banking products and services.
• Act as a liaison between clients and internal departments (Credit, Treasury, Operations).
• Conduct financial analysis of borrower and guarantors, including business and personal financial statements, tax returns, and other documents.
• Complete global cash flow computations, calculate performance ratios, and analyze multi-year trends.
• Communicate a thorough understanding of client cash flows in analysis and meetings.
• Research industry trends and data to identify questions and risks for each credit.
• Perform analysis of loan collateral: accounts receivable, equipment, inventory, real estate, and/or marketable securities.
• Review existing credits for compliance with financial and reporting covenants.
• Ensure that loan policy exceptions and loan file document exceptions are identified.
• Author high-quality credit narratives, specifically:
  • Providing background of the borrower and detailing the requested transaction;
  • Identifying and discussing strengths as well as key risks and relevant mitigation;
  • Identifying Loan Policy and Product Guide exceptions;
  • Summarizing the financial performance of businesses and individuals; and
  • Evaluating collateral position for current and future clients.
• Demonstrate understanding of the loan process from start to finish, including preflight memos, underwriting, loan documentation, and loan servicing.
• Other duties as assigned.

Qualifications

• Bachelor’s Degree with an emphasis in Finance and/or Accounting required.
• 3-5 years of relevant experience within banking or financial services required.
• Strong organizational and time management skills, problem-solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management.
• Comfortable working with and adapting to new complex systems and technology operating systems; prior experience with Salesforce and nCino is preferred.
• Ability to support multiple projects in parallel and prioritize competing demands.
• Embodies the Fortis Bank culture principles and competencies and consistently demonstrates a positive, ambitious, and solution-oriented attitude with clients and team members.
• Proficient and experienced in Microsoft Office suite products and technology, including Outlook, Microsoft Teams, Word, Excel, and PowerPoint.
• Communicates effectively, collaboratively, and professionally, both verbally and via email and other chat tools.
• Excellent organizational skills, regularly demonstrating the ability to multitask, prioritize, and manage time efficiently.
• Strong interpersonal skills, with the ability to build meaningful professional relationships with senior management and team members.

Schedule

This position follows a hybrid work schedule and is required to work in the office at least 4 days per week.

About Fortis

At Fortis Bank, we take great pride in being a commercial banking partner for our clients. Our people enjoy being empowered with the ability to make a tangible impact in a progressive and less bureaucratic work culture that can often be a struggle for larger institutions. We strongly believe in hiring people greater than ourselves and recognize, reward, and develop those individuals who make an outsized impact on the business.

Each of our hand-selected and exceptionally talented teammates contributes to the heart of our company culture, which combines banking expertise and personalized services to create an unparalleled level of client experience. Fortis is Great Place to Work-Certified™.