Junior Portfolio Manager

First Financial Bank

15d•Onsite

About The Position

The primary function of the position is working with the SVP of Portfolio Management and the EVP of Commercial Banking on credit underwriting and post-closing/ongoing risk management of higher exposure loan relationships within the organization. Additional functions include collaboration with Corporate Lending, Credit Administration, Credit Analysis, and Loan Review teams to maintain high quality credit and risk management for the Bank’s Loan Portfolio. The primary function is the origination support and ongoing risk management of higher exposure loan relationships to reduce the likelihood of significant losses due to defaults. Preferred experience includes loan structuring, closing, monitoring, and workout to ensure the loan portfolio is maintained with the highest level of oversight. The position would also partner with the Chief Credit Officer and Credit Administrators to build future middle market lenders within the organization.

Requirements

Bachelor’s degree in accounting, finance, or business administration with a minimum level of accounting background
Formally credit trained and demonstrated experience and judgment with credit decisions and analysis
Minimum two years’ experience working with limited supervision
Demonstrated experience, knowledge and judgment with structure, credit decisions, and analysis
Able to grasp and understand C&I, C&D, and CRE concepts and structures
Able to prepare comprehensive, cohesive, detailed written analysis and narrative
Demonstrated above average written and oral communication skills
Familiar with PCs and PC software, specifically Microsoft applications (Excel, PowerPoint, Word, etc.)

Nice To Haves

Preferred experience includes loan structuring, closing, monitoring, and workout to ensure the loan portfolio is maintained with the highest level of oversight.

Responsibilities

Work directly with commercial lenders in every Bank market on certain credits requiring advanced expertise and monitoring
Work closely with Credit Administrators and Chief Credit Officer to ensure oversight and portfolio maintenance adheres with Bank credit policy and risk appetite
Financial Reporting and Financial Covenant monitoring/tracking of certain credits as assigned
Obtain financial information from clients within parameters of Loan Agreements
Calculate financial covenant ratios within the parameters of Loan Agreements and reconcile discrepancies between the Bank and borrowers
Analyze financials on existing relationships and prepare updated loan file memos and approval memos
Work closely with Credit Administrators and Chief Credit Officer to ensure oversight and portfolio maintenance adheres with FFB credit policy and risk appetite
Review Closing Documents to ensure alignment with approved terms by loan committee
Review Loan Agreements to ensure all necessary Financial Covenants, Reporting Requirements, and other requirements are clearly and correctly defined
Work with Lenders to correct any discrepancies/inconsistencies between approved terms and Loan Agreements
Direct the monthly Annual Review process to ensure timely completion of higher exposure loan relationships within the organization
Generate financial ratios, using computer programs, to evaluate customers’ financial status
Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay
Keep up to date with company’s lending protocols
Manage Borrowing Base monitoring. Review monthly borrowing bases and instruct Loan Operations to cap availability in Jack Henry
Direct Problem Loan Reports process quarterly and coordinate on classified loans over $750M
Prepare and deliver informational presentations to Lenders and Senior Management
Create legal documentation due in an Event of Default
Assist with any audits/risk reviews, including coordinate responses, monitor action steps for remediation, etc.
Develop and maintain a positive rapport with the Credit/Risk Management Team and adhere to policy standards within the loan portfolio
Assist the team during vacations/absences as necessary
Provide sales & customer service support as necessary, be available for joint calling efforts with the team and Senior Management
Communicate with customers on behalf of the Bank