Middle Market Portfolio Manager I

About the role

The Middle Market Portfolio Manager I supports the Large Corporate and Middle Market loan and deposit portfolio of one or more Relationship Managers. This role involves analyzing financial information, evaluating creditworthiness, managing loan portfolios, and providing superior client service.

Responsibilities

• Analyzes financial information to evaluate the credit worthiness of new loan requests, renewal loan requests, and on-going Portfolio Servicing activities.
• Demonstrates ability to critically challenge business thesis and other critical credit risk components.
• Completes industry research supporting existing and new Customers to the Bank.
• Writes and constructs commercial loan packages ensuring completeness and accuracy of information provided.
• Guides the loan request through the Credit Approval Process and ensures that structure meets the needs of the client and the operating objectives of the Bank.
• Monitors and services the loan portfolios of the supported Relationship Managers through quality portfolio management work related to centralized covenant testing and tracking, the annual servicing review process, and exception clearing.
• Properly grades risk of each loan in the assigned portfolio, per policy. In conjunction with ongoing servicing activities, when justified, proactively recommends adjustments to risk grades as circumstances change or new information becomes available.
• Affirms current awareness of the Bank’s Risk Appetite and includes consideration of appetite into recommendations within the Middle Market loan pipeline and portfolio.
• Assists Relationship Manager in credit presentation to Credit Administration or other leaders and Committees at the Bank.
• Ensures that all required internal documentation is in the Bank’s official file of record for all loans and treasury management approvals.
• Works with the Relationship Manager and the Loan Officer Assistant to help clear documentation or compliance deficiencies noted by Loan Operations or other review.
• Builds and maintains positive working relationships with internal business partners.
• Undertakes special projects related to job function as determined by Credit Administration Leadership.
• Continuously updates skills by participating in professional training and seeks opportunities to improve skills through cross-training offered by the Bank.
• Works with Relationship Manager, Credit Administrators, and Loan Officer Assistant to minimize past due loans.
• Serves as a trusted advisor to clients and prospects within the context of risk management.
• Demonstrates a commitment to fair lending practices.
• Remains knowledgeable of all laws and regulations governing the lending activities of financial institutions. Ensures compliance with all applicable Bank policies and procedures.
• Builds and maintains a positive working relationship with attorneys, appraisers, developers, and others to enhance the Bank’s image and reputation in the marketplace.
• Stays abreast of products and services offered by the Bank.
• Has responsibility for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection, and determent of money laundering or other unlawful activities.

Qualifications

• Minimum of 8 years of experience in credit analysis, commercial and industrial/Middle Market banking, with at least 5 years of specific Large Corporate portfolio management underwriting experience.
• Familiarity with loan structuring and loan documentation is required.
• Experience working in syndicated loan transactions, private equity owned borrowers, M&A financing, and recapitalization transactions is preferred.
• Knowledge in accounting and lending principles, as well as excellent verbal and written communication skills.
• Must have an in-depth knowledge of Federal and State lending regulations and Bank policies related to lending procedures.

Compensation and Benefits

Competitive salary commensurate with experience.

Benefits include:

• Health insurance
• Retirement plan
• Employee assistance program
• Flexible spending account
• Time off programs

Equal Opportunity Employer, including disabled/veterans.