Portfolio Manager - Asset Based Lending

First Horizon Corp.Memphis, TN
42dOnsite

About The Position

This opportunity is within our Asset Based Lending - Specialty Finance group. Responsible for proactively managing portfolios by identifying trends and alerting management to changes in portfolio conditions. Partners with Relationship Managers on the ABL team and through the Specialty Partnership Plan to finalize credit package terms; independently prioritizes requests, provides guidance on risk and risk ratings, recommends credit structure, prepares proposals and evaluates alternative credit structures. Contributes to the development of profitable long term credits.

Requirements

  • Bachelor's Degree with 2-3 years experience required or equivalent in work experience; 5+ years experience preferred.
  • Possesses an understanding of the current business environment; excellent credit knowledge; expertise in credit policy and analytical abilities; Goal and production oriented; strong relationship building skills; ability to take initiative using strong problem solving skills; knowledge level to be an independent resource on credit issues.

Responsibilities

  • Proactively identifies portfolio weaknesses / trends and alerts management to deteriorating portfolio conditions.
  • Independently prioritizes between new credit requests and renewals; provides initial risk rating and recommends appropriate credit structure; provides guidance on policy issues and risk ratings.
  • Prepares approval, commitment, proposal document, and participates in documentation process including the identification of covenants and other key provisions, customer meetings, discuss alternative credit structures, and clarify any questions.
  • Interacts with clients during due diligence and partners with RM as part of "team" to finalize credit package terms and documentation on transactions.
  • Leads the legal documentation process; Meets individual and team production goals.

Benefits

  • Medical with wellness incentives, dental, and vision
  • HSA with company match
  • Maternity and parental leave
  • Tuition reimbursement
  • Mentor program
  • 401(k) with 6% match
  • More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Number of Employees

5,001-10,000 employees

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