Asset Finance Portfolio Manager I

Citizens • Chicago, IL

1d • $145,000 - $160,000

About The Position

This Portfolio Manager (PM) role will provide primary client management support
for an assigned portfolio of Asset Finance leases and loans and may assist in
directing less experienced portfolio managers and/or credit analysts. The PM
works closely with the Relationship Manager in all aspects of servicing
customers and converting prospects and typically accompanies the Relationship
Manager when servicing clients. PMs will need to interact with customers
independently to address non-routine client servicing matters in addition to
risk related items. Candidates must have excellent computer, excel modeling, and
powerpoint skills. The position will require constant interaction with business
line managers, product partners, credit risk management, and colleagues
throughout Citizens Bank.

Responsibilities with respect to ongoing portfolio management/monitoring include
preparation and presentation of periodic portfolio review documents, maintaining
the integrity of portfolio risk ratings, and tracking and verifying covenant
compliance. The candidate will regularly present portfolio credits to senior
management for both the initial approval thereof and at ongoing portfolio
reviews.  Portfolio Managers will be directly involved in establishing
underwriting due diligence, and identifying key transaction risks and mitigating
factors.

Requirements

• Must have strong credit acumen, business writing skills, written and verbal communication skills, experience managing client interaction, due diligence, understanding of bank regulation and compliance, ability to work with internal/external clients and a high level of initiative and capability to work independently on financings and other responsibilities.
• Bachelor’s Degree in Business, Finance, Accounting, Economics, or equivalent work experience
• 8+ years experience in portfolio management and underwriting in commercial lending at a relevant financial institution, commercial or investment bank
• Advanced analytical, loan structuring, underwriting, documentation, credit, presentation, and organization skills.
• Strong PC Proficiency and Microsoft Office applications

Nice To Haves

• Successful completion of a formal credit training program and knowledge of marketplace is a plus

Benefits

• We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more.
• Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States.
• For an overview of our benefits, visit https://jobs.citizensbank.com/benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level