Portfolio Manager II - REG

UMB Bank • Denver, CO

27d

About The Position

As the Portfolio Manager II – Real Estate Group you will be tasked with executing all portfolio management activities for monitoring, identifying, and managing the credit risk of the CRE portfolio which generally consists of loan relationships greater than $5,000,000. The Portfolio Manager will manage the associated credit risks of an assigned CRE loan portfolio which includes analysis of borrower and guarantor financial statements, annual reviews, performance covenant testing, extensions, modifications, and non-performing loan management. How you’ll spend your time: You will partner with Relationship Managers to effectively lead the oversight and management of an assigned portfolio of CRE loans/relationships. You will focus on management of an assigned portfolio of existing loans. You will perform credit underwriting duties for existing client relationships for assigned portfolio, which may include but are not limited to the following: perform detailed credit analysis to complete annual reviews and/or modifications/extensions to determine borrower/guarantor repayment capacity, appropriate loan structuring recommendations, collateral analysis on multiple asset classes and preparation of pricing models suitable for each credit request. You will prepare and present credit packages for credit and loan committee review and approval of annual reviews, modifications, renewals, and other requests as necessary, utilizing Bank MIS. You will monitor and document covenant compliance in accordance with loan documents and bank policy on a timely basis. You will follow established protocols to monitor and cure when possible documentation exceptions, past due financial reporting and performance covenants. You will recognize and manage early warning signs for the portfolio on a recurring basis, which may include but are not limited to the following: analyze borrower / guarantor / property financial performance upon receipt of reporting requirements, either monthly, quarterly or annually. You will fully analyze and confirm financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews. You will provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with Relationship Managers or direct correspondence with clients. You will perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times; and other duties as assigned.

Requirements

• You possess a bachelor’s degree in Business, Accounting, Finance, Real Estate or related fields.
• You have 3+ years commercial real estate experience including credit analysis/underwriting.
• Or, you have a combination of education and experience that provide an equivalent background.
• You hold a current valid driver’s license.
• You have an excellent level of understanding of credit underwriting of all major investment CRE property types.
• You have the ability to understand and interpret policies/procedures, contracts, loan documents, credit reports, financial statements, and property reports.
• You have excellent analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedules;.
• You have a great depth of knowledge and understanding of how to process, structure, and renew/extend maturing loans.
• You have knowledge of bank products, services, and bank operations.
• You are a self-starter, show initiative, and transfer knowledge to less experienced peers.
• You have proficiency in Word, Excel, PowerPoint.
• You have knowledge of commercial lending software.

Nice To Haves

• You have 5+ years commercial real estate experience including credit analysis/underwriting, and 2+ years of commercial banking experience.
• You are able to prospect and network at various levels within a company and industry.
• You understand how to conduct global cash flow (GCF) analysis of borrowers and guarantors utilizing tax returns, credit reports, and personal financial statements.
• You possess advanced Excel skills - can create Pivot tables, conduct V&H Lookup; Simple Macros, etc.
• You are familiar with FIS Loan Accounting System.

Responsibilities

• Partner with Relationship Managers to effectively lead the oversight and management of an assigned portfolio of CRE loans/relationships.
• Focus on management of an assigned portfolio of existing loans.
• Perform credit underwriting duties for existing client relationships for assigned portfolio, which may include but are not limited to the following: perform detailed credit analysis to complete annual reviews and/or modifications/extensions to determine borrower/guarantor repayment capacity, appropriate loan structuring recommendations, collateral analysis on multiple asset classes and preparation of pricing models suitable for each credit request.
• Prepare and present credit packages for credit and loan committee review and approval of annual reviews, modifications, renewals, and other requests as necessary, utilizing Bank MIS.
• Monitor and document covenant compliance in accordance with loan documents and bank policy on a timely basis.
• Follow established protocols to monitor and cure when possible documentation exceptions, past due financial reporting and performance covenants.
• Recognize and manage early warning signs for the portfolio on a recurring basis, which may include but are not limited to the following: analyze borrower / guarantor / property financial performance upon receipt of reporting requirements, either monthly, quarterly or annually.
• Fully analyze and confirm financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews.
• Provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with Relationship Managers or direct correspondence with clients.
• Perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times; and other duties as assigned.

Benefits

• UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits.

What This Job Offers

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