Portfolio Management Team Leader

Fifth Third Bank • Birmingham, MI

22h • Onsite

About The Position

Provides support to relationship managers, often with large portfolios that have a very complex degree of difficulty, in their daily duties in underwriting and monitoring credit, existing and proposed credit requests, providing high-level customer service support, assisting in cross-sell efforts, and performing special projects for the Credit Officer or Senior Credit Officer. Reviews documentation required for the processing of loans, reviews the status of existing loans, takes appropriate action on loans that are mature or past due, and assists relationship managers in loan closings. Reviews and underwrites loan portfolios, assuring compliance with loan policy and credit quality standards. Assigns, with the assistance of the Credit Dept, the proper credit risk grade to loans. The Portfolio Management Team Leader is typically utilized in affiliates where the majority of loans are of moderate to advanced complexity. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

• Bachelor's degree in accounting, finance or economics preferred or equivalent work experience.
• Typically requires 8 -10 years’ experience in credit or commercial banking.
• Deep understanding of credit policies, procedures and decisioning tools.
• Familiarity with the Bank's internal applications is a plus.
• Requires strong oral, written communication, and negotiation skills.
• PC proficiency with Windows based word processing and spreadsheet applications.

Responsibilities

• Supports the Department Manager, Team Leader, and/or Relationship Managers in their sales and credit underwriting efforts including industry and company research, Blue memo preparation and assisting in the sales proposal process, including accompanying the Relationship Managers on customer and prospect calls, and various other sales/customer oriented projects.
• Supports the Relationship Manager in monitoring customer performance, abilities, and industry to determine that loan is an acceptable risk. This will consist of but not be limited to statement, covenant and insurance tracking, Dual Risk Rating updates, and Admin Loan Status Report updating and other commercial scorecard items.
• Completes all requirements of loan bookings, to include all preparation, review, documentation and filing.
• Develops a working knowledge of all customers, businesses, and prospect opportunities.
• Responsible for all loan document preparation, including third party document coordination, completion and review.
• Collects and reviews all required collateral information.
• Reviews current account status, to include but not limited to, Past Due accounts and Notes Matured.
• Makes appropriate recommendations for these accounts.
• Approves or rejects loans within specified credit limits.
• Engages the Credit Officer on more complex loans.
• Establishes, implements, and manages administrative and review systems and procedures to protect the quality and profitability of the loan portfolio.
• Identifies potential problem credits working with loan workout specialists to restructure the credit and/or minimize the losses.
• Monitors and reports loan payment delinquencies and past due maturities of loan obligations.
• Recommends additions to Administrative loan list, non-accrual and charge-off status.
• Advises and implements a strategy for loans identified as an "exit".
• Advises credit and loan personnel of the company's overall lending policy, noting significant trends and recommending policy changes if necessary.
• Establishes workflow priorities within Credit Services.
• Ensures proper documentation is received on all credit relationships.
• Provides training and education for junior Portfolio Managers, Credit Analysts and Credit Services personnel.
• Responsible for the supervision and management of assigned staff, which may include Small Business Underwriters, Lending Officers, Workout Officers, Credit Analysts or other support staff.
• Helps establish, implement and monitor the credit department portfolio goals and objectives.
• May be responsible for staffing, performance reviews, scheduling, disciplinary actions and termination of employees.

Benefits

• Comprehensive benefits and differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree