Portfolio Manager II

About the role

This is the career path for an incumbent who has successfully completed credit training and demonstrated the ability to underwrite complex credits. The Portfolio Manager II participates in underwriting, loan summary preparation, and ongoing portfolio management related to credit facilities. This position conducts the underwriting and evaluation of loans originated by Commercial Relationship Managers, reviews completed loan analysis and loan compliance, and evaluates the completeness of risk assessment and accuracy of underwriting details. Typically assigned loans of high credit levels and complexity.

Responsibilities

• Works with Relationship Managers and Credit Administration to advise on credit risks inherent in proposed loans, 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 the spreading of financial statements and tax returns; conducts comprehensive analyses to determine risk and profitability, including cash flow, trend, and industry analysis.
• Prepares underwriting packages and communicates results and recommendations in a written narrative.
• Monitors and updates pipeline and department reports; communicates with relationship managers on the status of pending requests.

Requirements

• 3–10 years’ experience as a portfolio manager or comparable experience.
• Knowledgeable in business development/marketing and the loan application process, including accepting applications, gathering information, and processing documentation.
• Experience handling and processing commercial loan packages.
• Bachelor’s degree in Accounting, Business, Finance, or Economics.

Skills

• 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.
• Excellent attention to detail and concern for data accuracy.
• Strong critical thinking, decision-making, and sound business judgment skills.
• Excellent customer service, communication (including technical writing), and interpersonal skills.
• Excellent organizational, planning, project management, and time management skills.
• Independent, self-motivated, and detail-oriented.
• Ability to make difficult autonomous decisions and strong negotiation skills.

Benefits

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

The bank focuses on building relationships and discovering opportunities to better serve communities while volunteering with local charities and food banks to give back.

Schedule

Full-time.

Pay

Work locations: TX - Towncenter-0312 (The Woodlands, Texas).

Travel: 5% – negligible amount of travel expected.

Working Conditions

Conditions may involve a higher level of stress when working to meet deadlines. Primarily sedentary work with occasional walking, moving, or standing for brief periods, and lifting or carrying light articles such as files, ledgers, or folders (up to ten pounds).