Portfolio Manager II - Business Banking

City National Bank • Irvine, CA

127d • Onsite

About The Position

The Portfolio Manager is part of the SBA 7a Credit Management Team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits. Primary responsibilities include underwriting and portfolio management of SBA 7a clients, typically privately held companies with annual revenues ranging up to $50 million across a wide range of industries and geographies. The role involves formulating and recommending SBA credit and banking solutions to clients for commercial real estate, business acquisitions, working capital, and debt refinance, with a strong knowledge of SBA SOP and eligibility requirements. The individual will provide comprehensive credit recommendations and presentations to key risk partners, ensuring alignment with the bank's risk appetite, policies, processes, and procedures. Responsiveness to client credit needs with a high level of client service and credit acumen is expected, along with ongoing oversight and management of the portfolio, including risk rating assessments, covenant reporting, and report preparation.

Requirements

• Bachelor's Degree or equivalent in Finance, Business, or related field
• Minimum 5 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries SBA 7a Lending
• Intermediate experience in credit management and lending operations, with a strong understanding of risk management principles
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
• Intermediate analytical skills, with the ability to interpret complex data and make informed decisions
• Industry-specific knowledge and expertise SBA 7a Lending
• Strong knowledge of SBA SOP and eligibility requirements.

Nice To Haves

• Desire to build leadership and coaching skills, with the ability to train and develop talent

Responsibilities

• Underwrite and portfolio manage SBA 7a clients.
• Formulate and recommend SBA credit and banking solutions to clients for commercial real estate, business acquisitions, working capital, and debt refinance.
• Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank.
• Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
• Be responsive to clients' credit needs with an elevated level of client service and credit acumen.
• Responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)
• Mentors junior colleagues, fosters a culture of continuous improvement and professional growth.
• Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.
• Analyzes credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client.
• Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
• Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
• Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
• Partners with Relationship Manager(s) to successfully manage credit account relationships.
• Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives.
• Participate in ad-hoc projects to support the organization’s priorities.
• Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions.
• Participate in joint sales pitches with Relationship Manager(s).

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

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