Commercial Portfolio Manager - Credit Products

WesBanco Bank, Inc.•Columbus, OH

About The Position

The Commercial Portfolio Manager proactively manages commercial credit portfolios by identifying trends and alerting management to changes in portfolio conditions. The role partners with Relationship Managers to manage credit proposals and renewals, independently prioritizes requests, identifies risk and risk ratings, recommends and evaluates credit structures, and prepares proposals. The Portfolio Manager contributes to the development of profitable long-term credits. The position underwrites and services commercial loan portfolios, including covenant compliance testing, financial reporting, and annual reviews. It owns primary responsibility for the credit and monitoring of Commercial portfolio risks and is responsible for underwriting quality, portfolio administration, and the credit quality of its assigned portfolio. The Portfolio Manager also serves as a secondary customer contact to the Relationship Manager. The role collaborates on new credit requests, renewals, modifications, and reviews; identifies policy exceptions; prepares approval, commitment, and proposal documents; and participates in documentation, including identifying covenants and other key provisions. It may participate in customer meetings to discuss credit structures, clarify questions, conduct due diligence, and finalize credit packages. The role gathers information from internal and external customers and other parties, and manages delinquencies, collateral exceptions, borrowing bases, portfolio reviews, specialized reporting, soft exposure annual reviews, and criticized loans. The employee must maintain proficiency in the Bank’s policies and procedures, comply with applicable laws and regulations, and complete assigned compliance training in a timely manner.

Requirements

Bachelor’s degree in business, finance, or accounting, or equivalent work experience, or an equivalent combination of education and experience.
Minimum of 2 years of commercial credit or lending experience.
Strong analytical abilities and credit underwriting skills.
Ability to work with others in a team environment and under occasional time constraints.
Ability to read, analyze, and interpret financial reports and legal documents; perform simple to complex calculations; and research, analyze, and evaluate information to make decisions, solve problems, and achieve goals.
Ability to write reports, business correspondence, and procedure manuals.
Ability to present information effectively and respond to questions from managers, clients, customers, and the general public.
Ability to work with mathematical concepts such as probability and statistical inference.
Ability to apply common-sense understanding to carry out written, oral, or diagrammatic instructions.
Ability to deal with problems involving several concrete variables in standardized situations.
Proficiency in Microsoft Office products, including Word and Outlook, and highly proficient Excel skills.
Ability to comply with Bank policies and procedures, applicable laws and regulations, and assigned compliance training requirements.

Responsibilities

Underwrite and service commercial loan portfolios, including covenant compliance testing, financial reporting, and annual reviews.
Identify credit weaknesses and trends, and alert management to portfolio deterioration.
Collaborate with Relationship Managers to prioritize new credit requests, renewals, modifications, and reviews.
Provide risk ratings and recommend appropriate credit structures.
Identify policy exceptions.
Prepare approval, commitment, and proposal documents, and participate in the documentation process, including identification of covenants and other key provisions.
Participate in customer meetings to discuss alternative credit structures and clarify questions; interact with clients during due diligence and credit-package finalization.
Contact internal and external customers and other parties to gather information and clarify inconsistent, incorrect, or missing information, including relevant pre-approval and post-approval activities.
Own primary responsibility for credit and monitoring of Commercial portfolio risks.
Maintain underwriting quality, portfolio administration, and credit quality for the assigned portfolio.
Manage delinquencies, collateral exceptions, borrowing bases, portfolio reviews, specialized reporting, soft exposure annual reviews, and criticized loans.
Serve as a secondary customer contact to the Relationship Manager.
Maintain proficiency in Bank policies and procedures, adhere to applicable laws and regulations, and complete assigned compliance training in a timely manner.