Portfolio Manager III

City National Bank • San Diego, CA

82d • $111,408 - $189,738

About The Position

The Portfolio Manager is part of the 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: Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.) This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures. This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely. This individual is 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.) Serve middle market clients – typically privately held companies with annual revenues ranging from $50 million to $1 billion – across a wide range of industries and geographies. Provide customized credit and banking solutions to support working capital.

Requirements

• Bachelor's Degree or equivalent in Finance, Business or related field.
• Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries.

Nice To Haves

• Advanced experience in credit management and lending operations, with a strong understanding of risk management principles.
• Desire to build leadership and coaching skills, with the ability to train and develop talent.
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams.
• Advanced analytical skills, with the ability to interpret complex data and make informed decisions.
• Industry-specific knowledge and expertise.

Responsibilities

• 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.
• Prepares 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.
• Works closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives.
• Participates 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.
• Participates 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
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees