CLU Portfolio Manager II or CLU Portfolio Manager III (WEALTH)

Truist • Greensboro, NC

2d • Onsite

About The Position

The CLU Portfolio Manager II or III is responsible for underwriting all credit requests, including new requests as well as credit decisioning within some portfolios. This role is accountable for recommending credit structures with respect to quality and profitability within assigned geographies. Fundamental duties include ensuring that the risk philosophy, risk appetite, and lending strategies are adhered to while maintaining a high level of client responsiveness. The position requires the ability to analyze financial statements and navigate a wide variety of financial structures and credit scenarios. It is crucial to ensure that commercial lending activities are executed according to Truist's policies and procedures. This role also involves building effective relationships with Risk Management and client managers. This position will sit in-office 5 days a week at one of the listed locations. No other locations will be considered. No remote option available.

Requirements

• Bachelor's degree, or equivalent education and related training.
• 3 years or less experience in commercial lending and/or credit experience (Portfolio Manager II).
• 5 years or less experience in commercial lending and/or credit experience (Portfolio Manager III).
• Comprehensive commercial lending, underwriting, and regulatory knowledge.
• Demonstrated effective problem solving skills.
• Understanding of financial and cost accounting principles.
• Strong interpersonal, written, and communication skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Nice To Haves

• Master's degree in Finance, Accounting, Economics, Business or equivalent financial industry training (Portfolio Manager II and III).
• Demonstrated proficiency in commercial lending systems (Portfolio Manager II and III).
• RMA - Credit Risk Certification (Portfolio Manager III only).

Responsibilities

• Support the commercial lending process through underwriting, policy knowledge, credit structuring, and risk assessment in credit request packages in a moderate sized or large homogeneous portfolio. Ensure packages are complete, accurate and thoroughly documented.
• Analyze and/or recommend adjustments to financial statement spreads.
• Interact with client, verbally and in writing, on pending loan requests or portfolio management actions.
• Understand and articulate all Truist Wholesale Credit policies, procedures and processes. Recommend credit within the Bank's risk appetite, and document when and why exceptions are appropriate. May require specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, SBA lending, and other product offerings.
• Exercise prudent credit judgment through individual loan authority, if applicable.
• Keep abreast of changing business and economic developments which impact the loan portfolio, its profitability, risk management and banking in general.
• Recommend ongoing servicing, including covenants (Portfolio Manager III only).

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan.
• No less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment.
• 10 sick days (also prorated).
• Paid holidays.
• Defined benefit pension plan (potential).
• Restricted stock units (potential).
• Deferred compensation plan (potential).

What This Job Offers

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