ICG-Institutional Client Group PM Specialized Industries
About The Position
The Institutional Client Group Senior Portfolio Manager oversees underwriting and credit risk assessment for commercial loans in the technology sector. The role ensures sound financial analysis, compliance with regulatory requirements, and alignment with the bank’s credit policies and risk appetite. It requires leadership, technology-sector knowledge, and collaboration with relationship managers, risk teams, and senior leadership to support high-quality credit decisions. The position leads a team of technology-sector underwriters, assesses complex commercial loan applications, develops underwriting standards, and monitors portfolio performance. It also structures loans with relationship managers and credit approval officers, presents recommendations to senior management and CRM as needed, and stays informed about industry, regulatory, market, and economic developments affecting technology.
Requirements
- Degree in finance, accounting, or another related field, or equivalent experience.
- At least 10 years of corporate or commercial lending experience.
- At least three years of management experience.
Nice To Haves
- Bachelor’s degree in Finance, Accounting, Business, or a related field; an MBA or CFA is preferred.
- 10 or more years of commercial loan underwriting experience, including at least three years in a leadership role.
- Knowledge of the technology industry.
- Strong credit analysis skills, including financial statement analysis, risk assessment, and structuring complex deals.
- Experience in a banking environment managing multi-million-dollar loan portfolios.
- Deep understanding of banking regulations, including OCC, FDIC, and Basel III, and loan underwriting best practices.
- Proven ability to mentor and develop underwriting teams.
- Excellent communication skills, including the ability to present credit decisions to executives.
Responsibilities
- Lead and manage a team of underwriters focused on commercial loans in the technology sector, providing guidance, mentorship, and performance oversight.
- Assess and approve complex commercial loan applications.
- Conduct financial analysis, including cash flow modeling, debt service coverage, and collateral valuation, to determine borrower creditworthiness.
- Develop and refine underwriting standards for the technology industry in alignment with market trends and regulatory requirements.
- Collaborate with relationship managers and credit approval officers to structure loans that meet client needs while protecting the bank’s interests.
- Monitor portfolio performance, identify trends and early warning signs, and develop risk mitigation strategies.
- Ensure compliance with regulatory guidelines, internal policies, and industry best practices.
- Present credit decisions and recommendations to senior management and CRM as needed.
- Stay informed about industry trends, market conditions, regulatory changes, and economic factors affecting the technology sector.
Benefits
- Healthcare, including medical, dental, and vision coverage.
- Basic term and optional term life insurance.
- Short-term and long-term disability insurance.
- Pregnancy disability and parental leave.
- 401(k) and employer-funded retirement plan.
- Paid vacation, from two to five weeks depending on salary grade and tenure.
- Up to 11 paid holiday opportunities.
- Adoption assistance.
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
- Incentive and recognition programs.
- Equity stock purchase.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
