Portfolio Manager III - Middle Market, Leveraged Lending

City National Bank • Charlotte, NC

38d • Onsite

About The Position

The Portfolio Manager is part of the Middle Market 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.

Requirements

• Bachelor's Degree or equivalent in Finance, Business, or related field
• Minimum 6 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries Middle Market
• Advanced understanding of leveraged lending profiles and cash flow structures including a deep understanding of projection modeling and enterprise value analysis.
• Advanced experience in credit management and lending operations, with a strong understanding of risk management principles and leveraged lending guidelines.
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives.

Nice To Haves

• Desire to build leadership and coaching skills, with the ability to train and develop junior colleagues and foster a culture of continuous improvement and professional growth.

Responsibilities

• Provide credit underwriting and/or portfolio management experience for public and private middle market companies across a variety of industries.
• Manage a sub-set of existing credits and is a key partner in the origination of new credits.
• 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.
• 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).
• Provide ongoing oversight and management of the portfolio (including timely risk rating assessments, reporting covenants, and covenant compliance, and the preparation of quarterly and annual reports).
• Respond appropriately and timely to clients' credit needs with an elevated level of client service and credit acumen.
• Work independently with limited supervision throughout the underwriting process, present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures (including moderate to complex credit structures, modifications, and extensions).

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