Portfolio Manager (Full Time) - Lubbock, Ave. Q

External Applicants: Apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers. Internal Applicants: Apply through the internal Talent - Career Center in ADP.

About the role

Responsible for credit underwriting, monitoring, and portfolio management of Commercial Banking relationships to ensure strong credit quality and achieve efficient internal processes to retain and expand client relationships. Primary performance responsibilities include analyzing financial data to determine the merits of loan requests, monitoring the performance of existing client relationships, and assisting in the management and organization of the loan portfolio.

Responsibilities

• Assist with due diligence/analysis of new client relationships and opportunity memos as appropriate.
• Manage the renewal process by working with the Relationship Manager, the client, and the credit department.
• Assist in the preparation of loan packages, make presentations, and participate in the bank’s loan approval process.
• Manage the process for approving and closing modifications/amendments/waivers to existing credit agreements.
• Assist Relationship Manager in coordinating the loan closing process for new and existing loan relationships (e.g., working with both outside counsel and internal document preparation groups, reviewing loan documents, closing loans with clients).
• Assist and join Relationship Manager in business development calling efforts.
• Perform other administrative duties required for the maintenance of the loan portfolio (e.g., exception tracking, financial reporting, and covenant compliance).
• Manage and oversee small loan/deposit portfolios.
• Ensure the portfolio administration and risk management of each client relationship follows the established credit policy, procedure, and business strategy as well as regulatory guidelines.
• Perform annual loan reviews as needed.
• Partner with the Relationship Manager as a point of contact for existing and prospective clients; acting as a liaison to the Credit Department, the Commercial support staff, and other internal business partners.
• Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts.
• Agreeable to work overtime as needed based on work assigned in order to meet deadlines provided.
• Participate in community and business functions/groups to ensure a positive image for the bank within the region’s marketplace.
• Perform other duties and special projects as needed.

Requirements

• Bachelor’s degree (business concentration preferred).
• 2-3 years of banking experience, primarily related to credit analysis/underwriting.
• Proficient with Microsoft Word, Excel, PowerPoint, as well as some form of financial spreading software.

Skills

• Strong written and analytical skills.
• Strong understanding of credit policy and procedures and ability to accurately evaluate both cash-flow and collateral-based credits.
• Ability to make appropriate judgments and decisions with limited guidance.
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision.
• Strong public speaking and presentation skills.
• Excellent written and verbal communication skills.
• Ability to maintain confidentiality and instill trust within the organization.
• Proficient in multitasking.

Physical & Mental Activities

• Talking: Frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Hearing: Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.
• Visual Abilities: Average, ordinary visual acuity necessary to prepare or inspect documents or products, or operate machinery.
• Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally.
• Reasoning Ability: Apply logical or scientific thinking to define problems, collect data, establish facts, and draw conclusions. Interpret a variety of technical instructions and deal with multiple variables.
• Mathematics Ability: Compute discount, interest, profit and loss, commission, markup, selling price, ratio, proportion, and percentage. Perform very simple algebra.
• Language Ability: Read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias.

Schedule

Monday - Friday, 8:00 AM - 5:00 PM (and as needed), 40 hours per week.