Commercial Portfolio Manager III

Simmons Bank•Memphis, TN

About The Position

The Portfolio Manager III provides analytical, underwriting, and portfolio management support for commercial and business banking. The role partners with commercial bankers to independently analyze creditworthiness, prepare credit write-ups, monitor assigned portfolios, and support clients through the lending process. The position handles moderate- to high-complexity credits, with minimal supervision on complex deals, while working under leadership or an assigned senior-level colleague to develop knowledge of lending facilities, companies, and industries. The position supports the credit approval process for new, renewal, and extension loans; monitors asset quality and customer service standards; and helps ensure compliance with credit policies, guidelines, laws, regulations, and procedures. It may also support lending and sales activities, coordinate with internal departments and third parties, and, in some markets, conduct in-house collateral appraisals and inspections or oversee construction loan disbursements.

Requirements

Bachelor of Science or Bachelor of Arts degree in Business, Accounting, Finance, or a related field.
5–10 years of applicable experience, including work as a credit analyst, commercial lender, or portfolio manager.
Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental regulations.
Ability to interpret financial reports and legal documents.
Ability to write routine reports, business correspondence, and procedures manuals, and respond in writing to customer complaints, regulatory agencies, or members of the business community.
Ability to present information effectively in one-on-one and small-group settings to customers, clients, and employees.
Ability to solve practical problems and work with variables in situations with limited standardization.
Ability to interpret written, oral, diagram, or schedule-form instructions.
Intermediate to advanced proficiency in Microsoft Excel and proficiency with MS Office programs.
Ability to use financial spreading software.
Self-starter who can work independently with appropriate supervision.
Ability to manage multiple projects and prioritize effectively.
Strong analytical and organizational skills.
Excellent written and verbal communication skills.
Ability to sit or stand for extended periods, concentrate for extended periods, and operate a computer.

Nice To Haves

Familiarity with bank operating systems such as Loan Vantage, Synapsis, or Synergy, or equivalent.

Responsibilities

Prepare moderate- to high-complexity credit analyses for commercial loans to support credit approval for new, renewal, and extension loans.
Screen and underwrite new lending opportunities developed by commercial bankers.
Prepare memoranda and facilitate underwriting for new transactions and renewals.
Prepare cash flow models for credit decisions.
Analyze financial statements and related materials, summarize findings, and present information about creditworthiness.
Assess income growth, margins, trends, management quality, market share, industry risk, and collateral appraisals.
Support loan officers and managers through financial statement spreading and analysis of new loan requests and existing credit relationships.
Submit credit approval documents and write-ups to appropriate decision-makers.
Monitor assigned portfolios and review past-due accounts, exceptions, and maturing loans.
Monitor compliance with loan agreements and covenants, and spread financial statements received from customers.
Report past-due accounts to officers or contact customers to collect payments; work with officers to collect items needed for renewals.
Recommend actions for monitored accounts and report deteriorating credit situations to officers.
Participate in deal discussion meetings with lending personnel, market managers, and credit officers.
Support lending and sales processes by accompanying lenders on customer and prospect calls when necessary.
Coordinate with internal departments, including appraisal services and loan administration.
Work with third-party attorneys on loan documentation preparation, with guidance on complex matters.
In some markets, conduct in-house collateral appraisals and inspections.
Ensure construction loan disbursements comply with bank policy; coordinate with borrowers, CCFG, title companies, and other third parties, and maintain ongoing monitoring and records.
Adhere to credit policies, guidelines, and regulatory requirements.
Ensure departmental documents and activities comply with applicable laws, regulations, policies, and procedures, including completing required compliance training.
Perform other duties and responsibilities as assigned.