Asset Finance Portfolio Manager I

Citizens•Chicago, IL

About The Position

The Citizens Asset Finance Portfolio Manager I role provides primary client management for an assigned portfolio of Asset Finance leases and loans. The role partners closely with Relationship Managers to service existing clients, support new business development, and manage portfolio risk. The Portfolio Manager independently handles non-routine servicing matters and risk-related issues and collaborates extensively with business line managers, product partners, Credit Risk Management, and colleagues across Citizens. This role reports to the Asset Finance Portfolio Team Leader and regularly presents portfolio credits to senior management for initial approval and ongoing reviews.

Requirements

Bachelor’s degree in Business, Finance, Accounting, Economics, or equivalent experience
8+ years of portfolio management and underwriting experience in commercial or equipment finance at a financial institution
Equipment finance knowledge across a wide range of asset classes and obligor types required, including underwriting experience
Strong credit acumen with proven underwriting, structuring, and documentation skills
Experience managing client interactions and conducting due diligence
Solid understanding of banking regulations, policies, and risk management principles
Advanced analytical, presentation, organization, and business writing skills
Strong written and verbal communication and negotiation skills
Proficiency with Microsoft Office applications
Ability to manage multiple priorities and perform under deadline pressure
Balanced focus on business objectives and risk management

Responsibilities

Manage and monitor an assigned Asset Finance portfolio, including preparation and presentation of periodic portfolio reviews
Track and verify covenant compliance and maintain accurate portfolio risk ratings
Prepare, review, and approve credit requests, including amendments and restructurings, providing independent credit perspective
Assess credit performance, industry trends, policy compliance, and underwriting quality; recommend risk mitigation and structural improvements
Review and assist with onboarding new Asset Finance credits
Partner with Relationship Managers and deal teams to evaluate deal viability, structure, pricing, asset and residual risk, documentation, and legal considerations
Support Capital Markets with preparation of confidential information memorandums for syndication and sell-down transactions
Review lease and loan documentation to ensure accuracy and compliance with credit approval
Perform annual reviews assessing obligor and guarantor performance and transaction risk
Liaise with Credit Risk and Workout teams on deteriorating credits
Mentor junior portfolio managers and analysts
Support strong Credit Review and Compliance outcomes and meet internal review and monitoring standards