Commercial Portfolio Manager III

Simmons Bank•Memphis, TN

About The Position

The Commercial 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 and works with minimal supervision on complex deals. The role prepares credit analyses, cash flow models, memoranda, and approval documents for new, renewed, and extended commercial loans. It screens and underwrites lending opportunities, reviews financial statements and related materials, assesses business and industry factors and collateral, and supports loan officers with analysis of new requests and existing relationships. The Portfolio Manager III monitors portfolio quality, past dues, exceptions, maturities, loan-agreement and covenant compliance, and required financial statements. The role makes recommendations on monitored accounts, escalates deteriorating credit situations, and supports renewal processing and collections. It also participates in deal discussions, may accompany lenders on customer and prospect calls, coordinates with internal departments and third parties, and may perform in-house collateral appraisals and inspections in some markets. For construction loans, it ensures disbursements comply with bank policy and maintains monitoring and records. The position ensures adherence to credit policy, applicable laws, regulations, and procedures, and completes required compliance training.

Requirements

Bachelor of Science or Bachelor of Arts degree in Business, Accounting, Finance, or a related field.
5–10 years of applicable experience, including experience as a credit analyst, commercial lender, or portfolio manager.
Intermediate to advanced proficiency in Microsoft Excel and proficiency with Microsoft Office programs.
Experience with financial spreading software.
Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, governmental regulations, 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 situations to customers, clients, and employees.
Ability to solve practical problems with limited standardization and interpret written, oral, diagrammed, or scheduled instructions.
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.

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 supporting approval of new, renewed, and extended 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 facts concerning creditworthiness.
Assess income growth, margins, trends, management quality, market share, industry risk, and collateral appraisals.
Support loan officers and managers by spreading and analyzing financial statements for 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-due, exception, and maturing-loan reports on an ongoing basis.
Monitor loan-agreement and covenant compliance and spread required 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.
Make recommendations for monitored accounts and report deteriorating credit situations to officers.
Participate in deal discussions with lending personnel, market managers, and credit officers.
Accompany lenders on customer and prospect calls when necessary to support lending and sales.
Coordinate with internal departments, including appraisal services and loan administration.
Work with third-party attorneys to prepare loan documentation, 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 ongoing monitoring and records.
Perform duties under the supervision of leadership or an assigned senior-level colleague while developing knowledge of lending facilities, companies, and industries.
Ensure adherence to credit policy, guidelines, and regulatory requirements.
Complete departmental work in compliance with applicable laws, regulations, policies, and procedures, including required compliance training.
Perform other duties and responsibilities as assigned.