Portfolio Manager or Senior Portfolio Manager - Wholesale Credit Delivery - Middle Market segment

Truist • Norfolk, VA

82d

About The Position

Underwrites credit exposure for Wholesale Banking clients and actively manages a Middle Market or CML portfolio. Includes day-to-day client interaction, managing portfolio risk and adheres to all regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends.

Requirements

• Bachelor’s Degree in Finance or related field.
• At least 5+ years of related training and experience in commercial credit analysis.
• Mastery level proficiency with MS Office Desktop applications.
• Strong interpersonal skills and solid written/verbal communication.
• Sound credit skills essential.
• Strong attention to detail.
• Ability to prioritize workflow and multi-task in a fast-paced environment.

Nice To Haves

• Has successfully held similar role with commercial financial institution or like experience.
• Industry or sub-sector expertise.
• Mastery of Truist Bank operating systems inclusive of COMPASS and other Commercial applications (i.e. MRA, salesforce.com, nCino).

Responsibilities

• Leads the entire commercial underwriting process both internally and externally with prospects and clients.
• Underwrites and documents all prospect and client transactions.
• Possesses a mastery of client expertise, analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and Uniform Commercial Code (UCC) searches.
• Act as liaison with Commercial Fulfillment and Commercial Sales Assistant (CSA).
• Provides independent analysis of financial statements and business plans; identifies and mitigates key risks.
• Recommends and models appropriate loan structures while maintaining expertise around the bank’s suite of ancillary products.
• Is accountable for the risk evaluation and associated regulatory compliance requirements.
• May require specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, Corporate Banking, Working Capital and other Truist product offerings.
• Accountable for and manages assigned portfolio by monitoring performance and trends, identifying issues and following through for remediation.
• Responsible for risk rating integrity, annual reviews as well as financial statement spreading, compliance and regulatory review.
• Manages all amendment and waivers in the assigned portfolio.
• In conjunction with other internal product partners, applies knowledge of credit policy, pricing and structure to develop solutions that meet the client's needs and the Bank's risk acceptance criteria.
• Manage data integrity of all data inputs and outputs.
• Review and update loan systems information to ensure accuracy.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may be available.

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