Portfolio Manager III

Firstrust • Conshohocken, PA

55d • Hybrid

About The Position

The Portfolio Manager III requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.

Requirements

• 3-5 years of banking experience in commercial credit or similar
• Extensive knowledge of and experience with credit policies and procedures.
• Demonstrates the ability to coach, lead, and motivate.
• Strong interpersonal skills and good oral written communication skills.
• Knowledge of software/systems required to successfully perform job function.
• Proven history of managing high volume workflows.

Responsibilities

• Ensure all Service Level Agreements, regulatory compliance requirements, and Bank's credit risk profiles and profitability are monitored and maintained.
• Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.
• Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.
• Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.
• Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.
• Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.
• Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
• Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a paperless environment.
• Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Credit Intermediation and Related Activities
• Education Level: No Education Listed
• Number of Employees: 251-500 employees