Portfolio Manager I

About the role

The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits, serving middle market clients—typically privately held companies with annual revenues ranging from $50 million to $1 billion—across a wide range of industries and geographies.

Responsibilities

• Provide customized credit and banking solutions to support working capital, capital expenditures, growth, acquisitions, and other strategic business needs.
• Operate within a relationship-focused model that emphasizes risk management, cross-functional collaboration, and long-term client partnerships.
• Provide comprehensive credit recommendations and presentations to key risk partners related to prospects and existing clients, including moderate to complex new credit structures, modifications, and extensions.
• Conduct comprehensive reviews of borrower(s) and guarantor(s) financials, including current and historical financial statements, tax returns, projections, and/or cash flow proformas.
• Present credit recommendations within the bank's risk appetite and framework, adhering to the bank's policies, processes, and procedures.
• Respond to clients' credit needs with an elevated level of client service and credit acumen.
• Oversee and manage the assigned portfolio, including timely risk rating assessments, reporting covenants, covenant compliance, and preparation of quarterly and annual reports.
• Mentor junior colleagues and foster a culture of continuous improvement and professional growth.
• Own and manage an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures and managing credit risk.
• Analyze credit data and perform underwriting to assess creditworthiness, recommending appropriate structures to the Sales team and clients.
• Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
• Perform portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Analyze credit data to support underwriting and creditworthiness assessments, developing and presenting individual credit recommendations.
• Practice effective risk management, maintaining high standards of credit quality and origination in alignment with the Bank’s credit risk appetite and compliance with institutional and regulatory requirements.
• Partner with Relationship Manager(s) to successfully manage credit account relationships and work closely with cross-functional teams to ensure cohesive and effective credit operations.
• Participate in ad-hoc projects to support the organization’s priorities.
• Provide exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions.
• Participate in joint sales pitches with Relationship Manager(s).

Requirements

• Bachelor's Degree or equivalent in Finance, Business, or related field.
• Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries.
• Basic experience in credit management and lending operations, with a strong understanding of risk management principles.
• Desire to build leadership and coaching skills, with the ability to train and develop talent.
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams.
• Basic analytical skills, with the ability to interpret complex data and make informed decisions.
• Industry-specific knowledge and expertise.

Pay

Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental, and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick, and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes, and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.