Portfolio Manager III

About the role

The Portfolio Manager III is an individual contributor responsible for performing financial analysis and preparing underwriting documents to support corporate credit requests. This position oversees ongoing credit monitoring and risk rating for a portfolio of corporate clients and provides feedback and guidance to other Portfolio Managers and lenders as needed.

Responsibilities

• Gather and analyze all relevant financial data for clients and prospects, including spreading financial statements, collaborating with third‑party vendors to ensure accuracy, analyzing historical performance, calculating credit metrics, identifying risks and mitigants, and assessing creditworthiness.
• Model future financial performance of clients and prospects, including downside scenarios.
• Demonstrate leadership in structuring transactions in collaboration with lenders.
• Serve as a value‑added financial advisor to the client/borrower and act as a critical, knowledgeable contributor to the deal.
• Prepare a thorough credit underwriting document identifying credit risks and mitigants, industry concerns, market‑share trends, financial trends, and other pertinent credit issues.
• Ensure compliance with all relevant regulations.
• Manage the approval process for complex lending commitments, amendments, waivers, and consents, providing monitoring, reporting, and recommendations to credit as appropriate.
• Review and maintain all necessary legal documentation, including credit agreements, guarantees, security pledges, and collateral documentation, to ensure it correctly reflects approval.
• Monitor accounts and ongoing financial performance of the portfolio to track covenant compliance, liquidity, earnings trends, management capability, and other essential information to protect the bank’s position and minimize potential losses; ensure data integrity in the bank’s systems and that assets remain appropriately risk‑rated with timely changes.
• Establish and maintain direct client relationships; attend management presentations, bank meetings, and client meetings to identify new underwriting and additional bank product opportunities.

Requirements

• Bachelor’s degree in finance, accounting, economics or a related field (required).
• Master’s degree (MBA) preferred.
• 7–10 years of commercial underwriting and/or credit experience; 3–5 years of Commercial and Industrial (C&I) underwriting required.
• Demonstrated competence in financial analysis and modeling.
• Ability to gather research, analyze data, and concisely synthesize large amounts of information to assess corporate creditworthiness.
• Knowledge of banking and investment‑banking products and services, current market dynamics, trends, and terms.
• Effective and polished presentation and communication skills.
• Working knowledge of Microsoft Office Suite products.
• Ability to plan, multitask, manage time effectively, and lead work independently with limited direction.