Commercial Portfolio Manager III - Corporate Mortgage Finance

Huntington National Bank•Cleveland, OH

3d•Hybrid

About The Position

As a Commercial Portfolio Manager III– CSG Corporate Mortgage Finance, you will be responsible for underwriting CMF Lending facilities, assisting with legal documentation reviews as well as monitoring client performance to ensure compliance with the Policies and Procedures of Huntington’s Corporate Mortgage Finance Group (CMFG). The CMFG Portfolio Manager III requires 5-10 years of relevant commercial credit experience preferably within corporate mortgage finance or other specialty finance industry; proven communication and collaboration skills and excellent organizational skills. Please Note: This position is open to remote or hybrid work. This position reports to the Portfolio Management Team Leader. In this role, as a Portfolio Manager III, you will be performing the following responsibilities: Portfolio Management: Structure, underwrite, and close complex direct lend bilateral and/or syndicated asset- backed credit facilities to include mortgage warehouse lines, mortgage servicing assets and other mortgage related asset-backed and SPE collateralized credit facilities Ensure all relationships and transactions in your assigned portfolio are in strategic alignment with the risk profile and credit policies of the Bank Spread financials, prepare accurate and timely risk ratings, credit request memorandums and recommendations in compliance with CMFG and bank requirements acceptable to CMFG leadership and credit administration, including new credit requests, modification requests, annual reviews, renewals, portfolio reviews and criticized asset reviews Monitor the performance of assigned CMF Facilities to assess ongoing creditworthiness and anticipate opportunities as well as challenges Monitoring and analysis to include, but not limited to, stress testing, forecasting, concentration analysis and macroeconomic evaluations. Present at portfolio reviews and as needed to senior management and field questions on an as needed basis from senior management Provide immediate communication of suspected credit problems or credit deterioration within assigned portfolio Credit Quality: Responsible for maintaining acceptable levels of credit quality for assigned portfolio consistent with the Bank and CMFG credit policies, procedures, and guidelines as evidenced by satisfactory loan reviews and audits of assigned portfolio. Leadership: Provide direction and support to other team members with a focus on providing guidance and sharing knowledge to increase the depth of understanding for all. Relationship Management: Build and maintain strong relationships with clients, senior management, internal and external stakeholders to ensure effective communication, collaboration and problem solving. Reporting and Compliance: Prepare and present portfolio reports highlighting performance, financial metrics, and compliance with internal policies. Additionally, prepare ad hoc portfolio reporting as needed Develop a deep understanding of industry markets and trends and share that knowledge with the team to support and improve risk management efforts Manage special projects as assigned to include but not limited to drafting procedures and policies. Effectively utilize Bank reporting, record keeping and underwriting systems/tools to maintain accurate and timely portfolio level detail Effectively manage multiple priorities

Requirements

Strong knowledge of the GAAP principles applied to mortgage banking entities
Experience preparing cash flow analysis and stress testing based on varied scenarios
Excellent written and verbal communication skills
Bachelor's Degree from an accredited institution

Nice To Haves

Portfolio Management experience ideally within the mortgage finance industry or other specialty finance areas with commitment sizes > $100MM
Experience with the legal structures, relevant credit analysis and cash flow assessments, documentation and surveillance standards for each the respective facility types offered by the group.
Formal credit training and/or experience generally expected
Bachelor's degree from an accredited institution; master’s degree in a related field is preferred.
Demonstrated success underwriting increasingly complex credits
Continually seeks opportunities to grow and develop skills

Responsibilities

Structure, underwrite, and close complex direct lend bilateral and/or syndicated asset- backed credit facilities to include mortgage warehouse lines, mortgage servicing assets and other mortgage related asset-backed and SPE collateralized credit facilities
Ensure all relationships and transactions in your assigned portfolio are in strategic alignment with the risk profile and credit policies of the Bank
Spread financials, prepare accurate and timely risk ratings, credit request memorandums and recommendations in compliance with CMFG and bank requirements acceptable to CMFG leadership and credit administration, including new credit requests, modification requests, annual reviews, renewals, portfolio reviews and criticized asset reviews
Monitor the performance of assigned CMF Facilities to assess ongoing creditworthiness and anticipate opportunities as well as challenges
Monitoring and analysis to include, but not limited to, stress testing, forecasting, concentration analysis and macroeconomic evaluations.
Present at portfolio reviews and as needed to senior management and field questions on an as needed basis from senior management
Provide immediate communication of suspected credit problems or credit deterioration within assigned portfolio
Responsible for maintaining acceptable levels of credit quality for assigned portfolio consistent with the Bank and CMFG credit policies, procedures, and guidelines as evidenced by satisfactory loan reviews and audits of assigned portfolio.
Provide direction and support to other team members with a focus on providing guidance and sharing knowledge to increase the depth of understanding for all.
Build and maintain strong relationships with clients, senior management, internal and external stakeholders to ensure effective communication, collaboration and problem solving.
Prepare and present portfolio reports highlighting performance, financial metrics, and compliance with internal policies.
Additionally, prepare ad hoc portfolio reporting as needed
Develop a deep understanding of industry markets and trends and share that knowledge with the team to support and improve risk management efforts
Manage special projects as assigned to include but not limited to drafting procedures and policies.
Effectively utilize Bank reporting, record keeping and underwriting systems/tools to maintain accurate and timely portfolio level detail
Effectively manage multiple priorities