Portfolio Manager II-SBCRE

UMB Bank • Kansas City, MO

26d

About The Position

As the Small Balance Commercial Real Estate (SBCRE) Portfolio Manager II , you are tasked with executing all portfolio management activities for monitoring, identifying , and managing the credit risk of the SBCRE portfolio which generally consists of loan transactions ranging from $1,000,000 to $5,000,000. The Portfolio Manager will individually engage in active portfolio management responsibilities ensuring timely , high-quality work product in analysis of borrower and guarantor financial statements, annual reviews, performance covenant testing, extensions, renewals, modifications and risk rating assessment. How you’ll spend your time: You will p erform credit risk analysis for existing client relationships in SBCRE portfolio to recognize and elevate signs of risk in an individual loan, relationship, or the portfolio, through completion of the recurring portfolio manager tasks, which include: analyzing borrower/property and guarantor financial performance upon receipt of reporting; preparing annual reviews, modifications and various memos for approval; and determining appropriate risk ratings. You will p repare 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 c omplete detailed guarantor global cash flow analysis through review of personal financial statement and individual/business tax returns, assessing recurring income and debt capacity across multiple entities. You will c onfirm compliance with performance covenants as defined in contractual agreements and as compared to underwritten expectations and notify Relationship Manager and / or internal legal counsel to ensure timely notice is delivered to Borrower in the event of a breach and maintain oversight of breach through resolution . You will r ecognize 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. You will c ollaborate with Relationship Managers to efficiently lead the oversight and management of the Bank’s SBCRE loans / relationships. You will p rovide recurring customer service to clients, which includes direct contact with customers either through participation in joint calls with Relationship Managers or direct correspondence. You will p erform various projects / tasks as needed with an emphasis on maintaining UMB TUCE at all times ; other duties as assigned.

Requirements

• Bachelor’s degree in Business , Accounting, Finance, Real Estate or related fields
• 3+ years commercial real estate experience including credit analysis/underwriting
• Current valid driver’s license
• Demonstrate excellent communication skills (verbal & written )
• Demonstrate excellent level of understanding of credit underwriting of all major investment CRE property types
• Demonstrate ability to understand and interpret policies/procedures, contracts, loan documents, credit reports, financial statements, and property reports
• Demonstrate excellent analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedules
• Demonstrate expert knowledge and understanding of how to process, structure, and renew/extend maturing loans
• Demonstrate strong knowledge of bank products, services, and bank operations
• Demonstrate ability to be self -starter, show initiative, and transfer knowledge to less experienced peers
• Demonstrate proficiency in Word, Excel, PowerPoint
• Demonstrate knowledge of commercial lending software

Nice To Haves

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

Responsibilities

• Perform credit risk analysis for existing client relationships in SBCRE portfolio to recognize and elevate signs of risk in an individual loan, relationship, or the portfolio, through completion of the recurring portfolio manager tasks, which include: analyzing borrower/property and guarantor financial performance upon receipt of reporting; preparing annual reviews, modifications and various memos for approval; and determining appropriate risk ratings.
• 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.
• Complete detailed guarantor global cash flow analysis through review of personal financial statement and individual/business tax returns, assessing recurring income and debt capacity across multiple entities.
• Confirm compliance with performance covenants as defined in contractual agreements and as compared to underwritten expectations and notify Relationship Manager and / or internal legal counsel to ensure timely notice is delivered to Borrower in the event of a breach and maintain oversight of breach through resolution
• 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.
• Collaborate with Relationship Managers to efficiently lead the oversight and management of the Bank’s SBCRE loans / relationships.
• Provide recurring customer service to clients, which includes direct contact with customers either through participation in joint calls with Relationship Managers or direct correspondence.
• Perform various projects / tasks as needed with an emphasis on maintaining UMB TUCE at all times ; other duties as assigned.

Benefits

• 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
• various associate banking benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees