Asset Based Lending Portfolio Manager

Texas Capital•New York, NY

About The Position

Asset Based Lending Portfolio Manager owns the relationship and approval process for all credit requests for existing ABL clients, working closely with Analysts, Associates, and Relationship Managers. The Portfolio Manager is responsible for maximizing portfolio performance and is expected to have the ability to lead a deal with little to no oversight. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Portfolio Manager provides efficient follow-up and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.

Requirements

Bachelor’s degree in Finance, Accounting, Commercial Banking, or equivalent/relevant program
3+ years’ experience in ABL Portfolio Management experience with formal Credit training.
Exceptional writing, interpersonal and communication skills
Extraordinary levels of motivation and initiative
Effective team player who wants to work in a fast-paced, collaborative environment and build working relationships across the organization
Strong Microsoft Office skills including Outlook, Excel, and PowerPoint in order to produce reports, memos, and presentations
Passion for financial services and delivering superior client experiences
Proven leadership skills and community involvement

Responsibilities

Oversight of credit related responsibilities for the Analysts and Associates, including financial statement spreading and validation of various underwriting models
Responsible for risk rating assessment and periodic relationship reviews
Partner with Relationship Manager in credit agreement review and negotiation
Ownership of all credit approvals (new facilities, modifications, renewals, increases, risk assessments)
Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks.
Ownership of policy exception identification
Direct and manage portfolio reviews
Validate covenant compliance and covenant management
Ownership of post-approval modifications to ensure accurate reporting of credit exposure
Client management, including assisting with day-to-day needs, contact meetings, and site visits. Direct client contact is expected.
Client management in SalesForce
Oversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practices
Ownership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.
Identify cross-sell opportunities
Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects