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, working with minimal supervision on complex deals. The position prepares credit analyses and cash flow models, underwrites new lending opportunities, and supports new loans, renewals, and extensions. It reviews financial information, evaluates business and industry factors and collateral, prepares credit approval materials, and makes recommendations. The Portfolio Manager III also monitors portfolio quality, loan covenants, past dues, exceptions, maturities, and financial reporting; supports collection and renewal activities; and escalates deteriorating credit situations. The role works with lenders, managers, credit officers, internal departments, borrowers, attorneys, and other third parties. Duties may include customer and prospect calls, collateral appraisals and inspections in some markets, and construction loan disbursement monitoring. The employee is expected to follow credit policies and applicable regulatory requirements, complete required compliance training, and perform other assigned duties. Responsibilities may change, and the description is not a comprehensive listing of all duties.

Requirements

Bachelor of Science or Bachelor of Arts degree in Business, Accounting, Finance, or a related field.
5–10 years of applicable prior experience, including experience 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 to 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 situations to customers, clients, and employees.
Ability to solve practical problems and manage situations with limited standardization.
Ability to interpret instructions provided in written, oral, diagram, or schedule form.
Self-starter able 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.

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 information, summarize findings, and present facts concerning creditworthiness.
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 help ensure asset quality and customer service standards.
Review past-due accounts, exceptions, and maturing loan reports.
Monitor compliance with loan agreements and covenants and spread required financial statements received from customers.
Report past dues to an officer or contact customers to collect payment, and work with officers to collect items needed for renewals.
Make recommendations for monitored accounts and report deteriorating credit situations to an officer.
Participate in deal discussions 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 documentation preparation, with guidance on complex matters.
Perform in-house collateral appraisals and inspections in some markets.
Ensure construction loan disbursements comply with bank policy; coordinate with borrowers, CCFG, title companies, and other third parties, and maintain monitoring records.
Perform duties under the supervision of leadership or an assigned senior-level colleague while developing knowledge of lending facilities, companies, and industries.
Follow credit policies, guidelines, laws, regulations, and applicable procedures, and complete required compliance training.
Perform other duties and responsibilities as assigned.