Commercial Portfolio Manager- CRE
Essential Duties And Responsibilities
- Review and recommend credit decisions.
- Partners with the Relationship Manager, forming the "coverage team" to: meet with clients, participate in business Development calls, assess prospective client's viability for credit, define borrowers and guarantors, deal structure, credit terms and conditions, and financial covenants value collateral.
- Generate commitment letters.
- Responsible for providing business partners credit lending policy interpretation.
- Perform final risk rating analysis.
- Capture and document credit decisions, conditions, and modifications.
- Collaborates with the Credit Analyst to perform Portfolio management duties such as: establish and maintain Investor Group on lender Portal, perform Monitoring action and conduct periodic deal Review and execute decisions to renew or modify deals.
- Communicate directly with clients regarding credit events and actions as needed.
- Works independently to pitch the most complex deal structures.
- A focus on continuous learning to keep up with ever-changing market dynamics.
- Subject-matter-expert, mentor to more junior PMs and Credit Analysts.
- Leverages expertise to provide partners insights into the Bank's different lines of business and the related economics.
Supervisory Responsibilities
- Provides employees timely, candid and constructive performance feedback.
- Develops employees to their fullest potential and provides challenging opportunities that enhance employee career growth.
- Develops the appropriate talent pool to ensure adequate bench strength and succession planning.
- Recognizes and rewards employees for accomplishments.
Minimum Knowledge, Skills And Abilities Required
- Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
- At least 8 years credit analysis and/or loan review experience in CRE credit/underwriting.
- Highly proficient analytical skills, critical thinking and communication skills.
- Professional presence (client-facing).
- Ability to partner with all deal stakeholders including clients, relationship manager 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.
- Normal office environment with little exposure to dust, noise, temperature and the like.
- Some travel required.
Commercial Portfolio Manager- CRE Total Base Pay Range
96,500.00 - 207,500.00 USD Annual
Pay
Base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.
Incentive Compensation Plan
This role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Benefits
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
Location
Chicago, Illinois 60606