Commercial Portfolio Mgr Sr

UMB Bank • Fort Worth, TX

2d • Onsite

About The Position

As the leading line of business, UMB’s bottom line is directly impacted by the growth of our Commercial & Industrial loan portfolio. The team consists of Portfolio Managers, Underwriters, Credit Analysts, Treasury Management, Commercial Card professionals, and Capital Market partners. This team manages Commercial & Industrial relationships throughout its life – developing meaningful connections with management of the companies they serve. Always mindful of the changes in the company, its industry, etc., over time that might create a change in their financial service needs.The Portfolio Manager I serves as the gateway keeper to new Commercial & Industrial loan deals. In this role, you will collaborate closely with the Commercial Relationship Manager/Sales Officer to better understand the client needs, historical cash flow data related to the performance of the company’s past, and industry data to qualify the commercial clients loan requests. This role is also responsible for assisting loan officers in the portfolio management activities (generally loans over $1,000,000). This role will manage assigned credit portfolio, manage the associated credit risk, and identify opportunities for expansion.

Requirements

• Bachelor's degree in Business, Accounting, Finance or related fields
• 3 years banking or equivalent regulatory/bank policy experience including credit analysis or any combination of education and experience, which would provide an equivalent background
• Current valid driver's license
• Demonstrated excellent communication skills (verbal & written)
• Demonstrated knowledge and understanding in how to identify and process maturing loans, line renewals, term loans that need to be extended, how loans can be restructured, approval process, change terms, etc.
• Demonstrated strong level of understanding of credit underwriting
• Demonstrated knowledge of bank products, services, and bank operations
• Demonstrated ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
• Demonstrated strong analytical skills
• Demonstrated ability to be self starter and show initiative
• Demonstrated proficiency in Word, Excel, PowerPoint
• Demonstrated familiarity with commercial lending software

Responsibilities

• Perform detailed credit analysis to determine borrower/guarantor repayment capacity, appropriate loan structuring recommendations and complete credit packages for credit committee approval (new business/reaffirmations) submission.
• Preparation of underwriting documents will also include collateral analysis on multiple asset classes and preparation of pricing and risk rating models suitable for each credit request.
• Continuously monitor borrowing base reports and covenant compliance with regular reporting requirements to loan officers and loan/credit monitoring and credit review.
• Establish protocols and maintain tracking of documentation exceptions, past dues, field exams, borrowing base reports and covenant exceptions.
• Recognize and manage early warning signs for the portfolio on a recurring basis, which may include but are not limited to the following: analyze borrower/guarantor financial performance upon receipt of reporting requirements, either monthly, quarterly or annually.
• Fully analyze and confirm borrowing base and financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews.
• Provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times.
• File all required reports, and resolve all related issues in a timely and efficient manner.

Benefits

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings, flexible spending, and dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• various associate banking benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior