Portfolio Manager I - Private Bank, Marketable Securities Secured

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 comprehensive review of the borrower(s) and guarantor(s)' financials (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 portfolio, including timely risk rating assessments, reporting covenants, covenant compliance, and preparation of quarterly and annual reports.
• Structure and monitor high-volume, collateral-dependent lending secured by a pledge of marketable securities.
• Mentor junior colleagues, fostering 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, managing credit risk, and responding to prospective client inquiries.
• Analyze credit data and perform underwriting to assess creditworthiness, recommending appropriate structures to the Sales team and client. 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, including 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.
• 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.

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.

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.