Description
Manages a large portfolio of Business Banking clients. Communicates with relationship team and credit department regarding details of portfolio performance and credit metrics. Ensures credit quality standards are executed and maintained within assigned portfolio.
Essential Job Responsibilities
1. In collaboration with Relationship Manager(s), manages a portfolio of business banking size- companies. Portfolio size may vary based on length of service and management decisions. Portfolio to include both C&I and CRE clients.
2. Monitors client financial performance versus plan objectives on a regular basis utilizing automation-based portfolio risk assessment targets and indicators; discusses the performance with the relationship team. Reports credit deterioration promptly and works with Special Assets to mitigate potential losses.
3. Actively monitors and manages maturing notes, expiring commitments and delinquencies within assigned portfolio.
4. Ensures a seamless process for portfolio management by fostering strong communication by team members, including Credit, Credit Review and Loan Documentation departments.
5. Maintains awareness and advises the Relationship Manager and/or Credit Team in regards to alerts on critical items and awareness of key issues.
6. Provides portfolio information on a timely basis to be included as part of credit analysis and performance reports. Develops a continuous improvement mindset with respect to credit performance reports, cross sell effectiveness, and opportunities to improve processes.
7. Acts as the central point for communication regarding all aspects of the Business Banking portfolio.
8. Services the immediate needs of the clients by performing the following with Relationship Manager(s):
a. Understands the credit strengths and weaknesses of clients.
b. Assesses and discusses risk ratings with the Credit Department.
c. Monitors borrower's performance and communicates awareness of key issues to management and the credit department in a timely fashion.
d. Seeks additional approvals, amendments or policy exceptions as necessary.
e. Other ongoing client and portfolio tasks as needed to assist the team.
9. Prepares loan modification requests, Criticized Asset Committee Memos, Semi-Annual Line Sheets and any other necessary reports, as needed and in conjunction with the Relationship Manager. Active participant in the monthly CAC meetings and semi-annual Line Sheet presentation meetings.
10. Follows assigned accounts, in conjunction with relationship team, to ensure financial statements are received timely and evaluated regularly to assess borrower risk.
11. Responsible for the monitoring of the credit quality of the assigned portfolio regarding delinquency, charge-offs, criticized/classified assets, etc.
12. Reviews trend reports generated based on assigned portfolio with ability to address and communicate on both positive and negative trends.
13. Helps coordinate the daily workflow in and out of the area to ensure that current loans are in complete conformity with the terms.
14. Serves as a representative for Portfolio Management and/or Corporate Banking in various Bank initiatives and projects on an as needed and elected basis.
15. May serve as a mentor and/or provide training to newer and less experienced Portfolio Managers within the Group.
16. Supports cross-sell opportunities resulting in additional recommendations to benefit both the customer and the Bank.
17. Develops expertise in all applicable processes and systems to ensure they are all leveraged. Strives to improve cycle times and client experience.
18. Displays enhanced knowledge of the procedures for compliance including a broad understanding of regulations.
19. Maintains a working knowledge of bank operating policies and procedures.
Bona Fide Occupational Qualifications
1. A Bachelor's degree in Business or Finance related field, and/or five (5) years of equivalent experience required.
2. A minimum of three (3) years of credit analysis experience and/or demonstrated portfolio management skills desired.
3. Knowledge of compliance regulations related to the position is required.
4. Demonstrated ability to motivate and develop staff, promote team building, and implement and sustain change is necessary for success in this role.
5. Proficient reading, writing, grammar, analytical, mathematical, communication and interpersonal skills required.
6. Exceptional communication skills with ability to influence others, as well as strong computer and analytical skills are necessary.
7. A valid driver's license and travel, including some overnight stays, are required.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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