Portfolio Manager I

About the role

Woodforest National Bank is a nationally recognized award-winning Bank that is one of the strongest in the nation. We focus on building relationships and discovering opportunities to better serve our communities and understand the financial needs of every customer we serve. The Portfolio Manager I participates in the underwriting and loan summary preparation and on-going portfolio management related to Credit facilities.

Responsibilities

• Conducts the underwriting and evaluation of loans originated by Commercial Relationship Managers
• Reviews completed loan analysis and loan compliance reviews with the credit analyst prior to distribution and evaluates completeness of risk assessment and accuracy of the underwriting details and projections
• Works with the Relationship Managers and Credit Administration advising them of the credit risks inherent in loans being proposed and of the relevant loan policies, precedents, concentration risks, and related topics
• Compiles and reviews information regarding guarantors and the borrowing company’s financial history and current condition
• Oversees spreading of financial statements and tax returns; conducts comprehensive analyses to determine the degree of risk involved and profitability of extending credit or lending money
• Prepares underwriting packages; communicates results and recommendations in a written narrative
• Monitors and updates pipeline and other department reports; communicates with relationship managers on status of pending requests

Requirements

• Working knowledge of lending and credit risk management concepts, practices and procedures
• Solid technology and internet skills, including intermediate proficiency in Microsoft Office (Word, Outlook, SharePoint and Excel) and ability to navigate financial software applications
• Ability to manage multiple responsibilities and projects in a fast-paced environment with competing priorities and deadlines
• Strong analytical skills with the ability to interpret financial data and identify trends
• Good attention to detail and concern for data accuracy
• Excellent critical thinking and decision-making skills; demonstrated ability to make sound business judgments
• Strong customer service and communication skills, including technical writing abilities

Qualifications

The incumbent should have 3-5 years credit or lending experience in the banking or financial services industry, and 1-3 years’ experience as a credit analyst. A Bachelor’s degree in Accounting, Business, Finance or Economics is required.

Skills

• Good verbal and written communication skills
• Good analytical skills
• Good interpersonal skills
• Good customer service skills
• Independent and self-motivated
• Detail oriented

Work Environment

Conditions may involve a higher level of stress when working to meet deadlines; will involve lifting no more than ten pounds, sitting most of the time, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc. Travel is estimated to be 5%.

Benefits

By joining Woodforest, you will become a part of one of the largest employee-owned banks in the country. Woodforest National Bank is privately owned, and our Employee Stock Ownership Plan is the largest shareholder.

Pay and Schedule

This is a full-time position, with a work schedule that may involve working in a fast-paced environment with competing priorities and deadlines.