Portfolio Manager II - REG

UMB Bank • Denver, CO

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About The Position

As the Portfolio Manager II – Real E s tate 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 p artner 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 p erform 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 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 m onitor and document covenant compliance in accordance with loan documents and bank policy on a timely basis . You will f ollow established protocols to monitor and cure when possible documentation exceptions, past due financial reporting and performance covenants . 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, q uarterly or annually. You will f ully analyze and confirm financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews . You will p rovide 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 p erform various projects/tasks as needed with an emphasis on m aintaining UMB TUCE at all times; and other duties as assigned. W e’re excited to talk with you if: You possess a b achelor’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 . Bonus points if: 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.

Requirements

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

Nice To Haves

• 5+ years commercial real estate experience including credit analysis/underwriting, and 2+ years of commercial banking experience
• Able to prospect and network at various levels within a company and industry
• Understand how to conduct global cash flow (GCF) analysis of borrowers and guarantors utilizing tax returns, credit reports, and personal financial statements
• Possess advanced Excel skills - can create Pivot tables, conduct V&H Lookup; Simple Macros, etc.
• 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, q uarterly 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 m aintaining UMB TUCE at all times; and 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