Commercial Portfolio Manager III

Simmons Bank•Houston, TX

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. The manager supports new, renewal, and extension loans by screening and underwriting lending opportunities, preparing credit analyses and memoranda, building cash flow models, evaluating financial information and collateral, and submitting approval documents to decision-makers. The role also monitors portfolio quality, loan covenants, past dues, exceptions, maturities, and required financial statements; makes recommendations and escalates deteriorating credit situations. The position works with lending personnel, customers, internal departments, and third parties throughout the lending process. Duties may include customer and prospect calls, coordination of loan documentation, in-house collateral appraisals and inspections in some markets, and monitoring construction-loan disbursements. The role performs its work under leadership or an assigned senior-level colleague and must comply with credit policies, regulations, and applicable laws and procedures.

Requirements

BS/BA 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 read, analyze, and interpret financial reports and legal documents.
Ability to write routine reports, business correspondence, procedures manuals, and written responses to customer complaints or inquiries from regulatory agencies or the business community.
Ability to present information effectively in one-on-one and small-group settings.
Ability to solve practical problems involving situations with limited standardization and interpret written, oral, diagrammatic, or scheduled instructions.
Proficiency with Microsoft Office, with intermediate to advanced Microsoft Excel skills.
Experience with financial spreading software.
Ability to 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.
Self-starter.
Skills training areas include communication, critical thinking, problem solving, judgment and decision-making, time management, sales support, and presentation skills.

Responsibilities

Prepare moderate- to high-complexity commercial loan credit analyses 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, and summarize and present creditworthiness findings.
Evaluate income growth, margins, trends, management quality, market share, industry risk, and collateral appraisals.
Support loan officers and managers with 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 to maintain asset quality and customer service standards.
Review past dues, exceptions, and maturing-loan reports on an ongoing basis.
Monitor compliance with loan agreements and covenants, and spread required financial statements received from customers.
Report past dues to officers or contact customers to collect payment; work with officers to obtain items required for renewals.
Recommend appropriate actions for monitored accounts and report deteriorating credit situations to officers.
Participate in deal discussion meetings with lending personnel, market managers, and credit officers.
Accompany 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-document preparation, with guidance on complex matters.
Perform in-house collateral appraisals and inspections in some markets.
Ensure construction-loan disbursements are funded in accordance with bank policy; coordinate with borrowers, CCFG, title companies, and other third parties, and maintain monitoring records.
Comply with credit policies, guidelines, regulatory requirements, applicable laws, procedures, and required compliance training.
Perform other assigned duties and responsibilities.