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.

Responsibilities

• Provide comprehensive credit recommendations and presentations to key risk partners related to prospects and existing clients of the bank, including moderate to complex new credit structures, modifications, and extensions, based on a review of borrower(s) and guarantor(s) financials (financial statements, tax returns, projections, cash flow proformas).
• Present credit recommendations within the bank's risk appetite and framework, adhering to bank policies, processes, and procedures.
• Respond to clients' credit needs with elevated 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 credit exposures, managing credit risk, and responding to client inquiries.
• Analyze credit data and perform underwriting to assess creditworthiness; recommend appropriate structures to the Sales team and client; prepare underwriting memorandums and approval documents.
• Monitor and analyze portfolio performance through periodic reviews and covenant tracking.
• Practice effective risk management, maintaining high credit quality and origination standards aligned with the bank’s credit risk appetite and compliance requirements.
• Collaborate with Relationship Managers and cross-functional teams to manage credit account relationships and achieve strategic initiatives; participate in ad-hoc projects.
• Provide exceptional client service, including professional interactions to understand needs and deliver tailored credit solutions; participate in joint sales pitches.

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.

Qualifications

• 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.

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 internal upskilling/training resources.
• Valued Time Away benefits, including vacation, sick, and volunteer time.
• Specialized health and family planning benefits, including fertility benefits and support programs for cancer, diabetes, and musculoskeletal conditions.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

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.