Summary:
The Portfolio Manager (PM) supports Relationship Manager (RM) sales efforts through the growth, development and effective management of loan portfolios, helping ensure positive performance. Under the supervision and direction of the Group Portfolio Manager or Market Leadership, the PM assesses risk by evaluating, designing and overseeing aspects of the portfolio construction, and assists in driving profitability by performing financial and credit analysis; contributes to client relationships in conjunction with the RM.
Essential Duties and Responsibilities:
- Review documents for pre- and post-closing including the submission of pre-requisite and recurring credit source documentation to the bank’s imaging system.
- Prepare, review and monitor reports to ensure FirstBank guidelines for compliance and credit monitoring are being met.
- Analyze credit requests and perform financial statement analysis utilizing the bank’s standardized analysis tools.
- Monitor reports analyzing loan commitments and outstanding balances by customer, loan type, property type, location, size, etc.
- Partner with market leadership, Regional Presidents and Regional Credit Officers in support of the RMs to promote client portfolio growth and strong asset quality.
- Monitor past due information and future maturities, alerting the RMs as needed.
- Perform the analysis of key financial metrics for input in commercial loan risk rating matrices to ensure accurate stratification of the bank’s commercial loan grading portfolio.
- Demonstrate an understanding of financial spreads, modeling and monitoring.
- Perform research to maintain current knowledge of industry trends, economic trends and regulatory impacts on borrowers that may affect the ability to repay a loan in their respective portfolio.
- May assist in the preparation of pitch books for prospective clients.
- May participate in, or independently execute, the sales process as part of a well-functioning team with the Relationship Manager and/or Relationship Manager Associate.
- Attend meetings and represent the PM and/or RM teams as needed.
- Function as part of the RM team as a capable secondary point of contact for commercial clients.
- Provide consistent, distinctive service to all clients when delivering the FirstBank service experience.
- Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
- Provide independent analysis of credit requests and provide an effective challenge in loan approval and grading utilizing credit policy.
- Ensure source documentation and credit analysis are accurate and timely supported.
- Possess a sound knowledge of credit policy and its application to credit requests.
- Regular and reliable attendance.
- Perform other duties as assigned.
Qualifications:
Education and/or Experience:
- Bachelor’s degree in finance or similar field preferred.
- Experience in banking specifically loan operations, lending or credit.
Skills and Abilities:
- Strong verbal and written communications; one-on-one and in team environments.
- Ability to allocate time effectively and independently to prioritize timelines.
- Strong personal organizational and time management skills.
- Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information.
- Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.
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