Commercial Portfolio Manager Team Lead

South State Bank•Houston, TX

About The Position

The Commercial Portfolio Manager Team Lead manages a team of Commercial Portfolio Managers and also supports the commercial loan portfolios of one or more Relationship Managers. The role evaluates the creditworthiness of commercial loan requests, prepares accurate and complete loan packages, ensures compliance with applicable regulations and Bank policies, and monitors and services assigned portfolios. It also supervises and delegates work involving covenant testing and tracking, annual reviews, and other projects. The Team Lead provides training, coaching, and development for portfolio management teammates; reviews and decides annual servicing reviews and other requests within designated loan authority; and supports loan requests through the credit approval process. The position works with Relationship Managers, Credit Administration, Loan Operations, and other internal and external partners to manage risk, resolve documentation or compliance deficiencies, minimize past-due loans, and serve clients and prospects as a trusted advisor in the context of risk management. The role requires compliance with fair lending requirements and applicable federal and state laws, regulations, and Bank policies, including BSA, AML, CIP, and OFAC requirements. The position requires a four-year degree in Business Administration, Finance, Accounting, or a related field, or equivalent experience, and at least eight years of relevant commercial or business banking and/or portfolio management experience, including at least five years of portfolio management and/or underwriting experience. Prior management experience is preferred. The role is based at the listed Woodlands, Texas work location. Telecommuting roles require a secure, distraction-free home office and reliable private internet connection; travel may be required for meetings.

Requirements

Four-year degree in Business Administration, Finance, Accounting, or a related field, or equivalent experience.
At least 8 years of experience in commercial banking, business banking, and/or portfolio management.
At least 5 years of specific portfolio management and/or underwriting experience.
Knowledge of accounting and lending principles.
In-depth knowledge of federal and state lending regulations and Bank policies related to lending procedures.
Excellent oral and written communication skills.
Excellent interpersonal skills.
Proficiency in Microsoft Excel and Word.
Strong organizational skills and attention to detail.
Ability to listen effectively, understand others, and offer solutions or contributions based on what they say.
Ability to multitask and function well under pressure.
Ability to remain composed under pressure and respond to customer and coworker concerns.
Patience and willingness to help others solve problems while maintaining a positive attitude.
Ability to access and interpret information on computer screens and documents and identify customers.
Ability to meet the position’s physical demands, including extended computer work and possible bending and reaching.

Nice To Haves

Graduation from a recognized school of banking.
Prior management experience.

Responsibilities

Manage and lead a team of Portfolio Managers, including training, coaching, and developing teammates.
Review and decide Annual Servicing Reviews and other requests within designated loan authority.
Analyze financial information to assess the creditworthiness of new and renewed loan requests and support ongoing portfolio management.
Conduct industry research as needed for existing and prospective Bank customers.
Compile commercial loan packages, including written credit memoranda, borrower and guarantor financial analyses, transaction analysis, risk assessment, risk grading, and recommendations.
Complete additional in-depth credit analysis when needed, using tools beyond traditional spreads and global cash flow analysis.
Guide loan requests through the Credit Approval Process and ensure loan structures meet client needs and the Bank’s operating objectives.
Ensure large commercial loan relationships comply with state and federal regulations and Bank policies and procedures.
Monitor and service supported Relationship Managers’ large commercial loan portfolios, including covenant testing and tracking, annual servicing reviews, and exception clearing.
Assign risk grades to loans in the portfolio and recommend changes when circumstances or new information warrant them.
Assist Relationship Managers with credit presentations to Credit Administration, Bank leaders, and committees.
Ensure required documentation is on file for loans and treasury management approvals; help resolve documentation and compliance deficiencies with Relationship Managers and Loan Assistants.
Accompany Relationship Managers on calls with existing or prospective customers as requested.
Maintain positive working relationships with internal partners, including Loan Operations, Credit Administrators, Credit Leadership, local line leadership, and branch personnel.
Undertake special projects related to the job function as directed by Credit Administration Leadership.
Participate in professional training and pursue skill improvement through Bank-provided cross-training.
Work with Relationship Managers, Credit Administrators, and Loan Assistants to minimize past-due loans.
Serve as a trusted advisor to clients and prospects within the context of risk management.
Apply fair lending practices and comply with lending laws, regulations, and Bank policies and procedures.
Maintain working relationships with attorneys, appraisers, developers, and others to support the Bank’s marketplace image and reputation.
Stay informed about the Bank’s products and services.
Follow regulatory requirements related to BSA, AML, CIP, and OFAC to help identify, detect, and deter money laundering and other unlawful activities.
Complete required annual compliance training and New Employee Orientation.