Commercial Senior Portfolio Manager

Fifth Third Bank • Detroit, MI

1d

About The Position

The Senior Portfolio Manager manages a commercial credit portfolio through comprehensive financial analysis, forward-looking risk assessment, and proactive monitoring of borrower performance. The role involves regular client interaction, ownership of portfolio risk outcomes, and accountability for adherence to credit policy and regulatory guidelines, with a focus on identifying emerging credit issues and portfolio-level risks early.

As a senior member of the coverage team, the Senior Portfolio Manager partners closely with Relationship Managers and Credit Risk throughout the deal lifecycle, including credit structuring, pricing, risk ratings, and due diligence. The position manages underwriting, approval, and documentation for a range of transactions and supports portfolio decisions while operating within the Bank’s risk appetite. The role may include supervising and developing junior portfolio management team members.

Requirements

• Bachelor’s degree in Finance, Business Administration, or a related field.
• At least 8 years of experience in commercial banking, portfolio management, underwriting, or a related discipline.
• Subject-matter-expert-level understanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation.
• Strong risk judgment and demonstrated ability to manage complex and higher-risk portfolios.
• Excellent interpersonal and communication skills, including the ability to collaborate effectively with business and risk partners.
• Ability to manage multiple priorities, complex transactions, and strategic initiatives while meeting deadlines.

Nice To Haves

• Experience providing guidance, coaching, or review of junior staff work.

Responsibilities

• Maintain an independent, current, and forward-looking view of each client’s creditworthiness and communicate risk perspectives to business and risk partners.
• Monitor the portfolio and conduct periodic deal reviews; approve or recommend renewals, modifications, or exits as appropriate.
• Analyze historical financial statements and projections to support accurate risk ratings and identify emerging credit issues, industry trends, and company trends.
• Manage underwriting, approval, and documentation for new money, renewals, extensions, amendments, waivers, and ancillary products.
• Review and recommend credit decisions, perform final risk-rating analysis, interpret credit policy for business partners, and escalate non-standard or higher-risk requests.
• Ensure compliance with internal credit policies, regulatory guidelines, and documentation standards.
• Manage a larger, more complex portfolio that may include higher-risk, lead-bank, and high-touch client relationships.
• Collaborate with Relationship Managers and Credit Risk as an active member of the coverage team.
• Meet with prospects and clients as needed, lead diligence discussions for assigned relationships, and support escalated discussions with senior leadership.
• Advise on deal structures, pricing, and risk-mitigation strategies.
• Create and deliver portfolio performance reports and presentations for senior management, including risk insights and recommendations.
• Maintain accurate system records and electronic credit files to support data governance and regulatory readiness.
• Participate in senior-level team meetings and contribute input on portfolio themes, risk trends, and process improvements.
• Lead or participate in special projects and strategic initiatives that improve portfolio management practices and systems.
• Review junior team members’ work for accuracy and consistency and provide coaching and feedback to Credit Analysts.
• As applicable, supervise and direct junior portfolio management team members’ day-to-day activities; provide timely, candid, and constructive feedback; support employee development and succession planning; and recognize employee accomplishments.

Benefits

• Comprehensive benefits designed to support employees’ and families’ physical, financial, emotional, and social well-being.
• Incentive compensation plan eligibility, with payments based on company, line-of-business, and/or individual performance.

What This Job Offers

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