Special Assets Senior Portfolio Manager - Leveraged and Corporate Finance

Regular, full-time position. Fluency in English required. 1st shift.

About the role

Responsible for underwriting all credit requests, including new requests as well as credit decisioning within some portfolios. Accountable for recommending credit structures with respect to quality and profitability within assigned geographies. Ensures that the risk philosophy, risk appetite, and lending strategies are adhered to while maintaining a high level of client responsiveness. Analyzes financial statements and navigates a wide variety of financial structures and credit scenarios. Ensures commercial lending activities are executed according to Truist's policies and procedures. Builds effective relationships with Risk Management and client managers.

Responsibilities

• Independently manage a classified loan portfolio involving complex credit structures, including syndicated corporate, leveraged finance, and middle-market exposures, with elevated risk profiles.
• Develop, interpret, and challenge advanced analytical financial models—including financial projections, discounted cash flow analysis, enterprise valuation, and analysis of historical and projected cash flows—to support credit decisioning, restructuring strategies, and downside risk assessment.
• Serve as a primary point of coordination and analysis for complex credit situations by actively engaging with internal stakeholders and external restructuring professionals, including legal counsel, financial advisors, investment bankers, and other vendors involved in credit resolution and workout activities.
• Assign, support, and document risk grades for assigned exposures in strict accordance with Bank policy, regulatory guidance, and supervisory expectations, ensuring accuracy, defensibility, and audit readiness.
• Prepare and maintain required reporting related to impairment analysis, accrual status justification, criticized loan asset reporting, and other regulatory or management reporting, with a focus on precision, timeliness, and regulatory compliance.
• Support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment in credit request packages in large and complex segments within wholesale lending or specialty lines of businesses. Ensure packages are complete, accurate, and thoroughly documented.
• Analyze and/or recommend adjustments to financial statement spreads.
• Interact with clients, verbally and in writing, on pending loan requests or portfolio management actions.
• Understand and articulate all Truist Wholesale Credit policies, procedures, and processes. Recommend credit within the Bank's risk appetite, and document when and why exceptions are appropriate.
• Exercise specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, SBA lending, and other product offerings.
• Exercise prudent credit judgment through individual loan authority, if applicable.
• Engage in the development of teammates by coaching/mentoring, including underwriting, policy, credit structuring, risk identification, and utilization of lending authority.
• Effectively manage a team of Portfolio Managers, if applicable.
• Keep abreast of changing business and economic developments which impact the loan portfolio, its profitability, risk management, and banking in general.
• Occasional overnight travel may be required.

Requirements

• Bachelor's degree, or equivalent education and related training.
• Ten or more years of experience in commercial lending and/or credit experience.
• Comprehensive commercial lending, underwriting, and regulatory knowledge.
• Demonstrated effective problem-solving skills.
• Understanding of financial and cost accounting principles.
• Strong interpersonal, written, and communication skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Preferred Qualifications

• Master's degree in Finance, Accounting, Economics, Business, or equivalent financial industry training.
• RMA - Credit Risk Certification.
• Demonstrated proficiency in commercial lending systems.

Benefits

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits. Truist offers:

• Medical, dental, and vision insurance.
• Life insurance, disability, and accidental death and dismemberment insurance.
• Tax-preferred savings accounts and a 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and full-time or part-time status) during the first year of employment, along with 10 sick days and paid holidays.
• Depending on the position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.