Portfolio Manager

First Trust Bank•Conshohocken, PA

17d•Hybrid

About The Position

The Portfolio Manager uses in-depth knowledge and sound judgment in applying best practices in credit and risk administration. The role monitors service-level agreements, regulatory compliance, the Bank’s credit risk profile, and profitability. It protects and preserves pooled or individual portfolios while sustaining profitability, assessing and managing risk, and overseeing the annual review process. The Portfolio Manager analyzes portfolio relationships with reasonable involvement from the Relationship Manager, prepares financial models and credit memorandums, and applies credit policies to varied situations. The role also monitors financial reporting requirements and Borrowing Base certificates, makes loan recommendations based on underwriting criteria, and maintains accurate system data and high-quality documentation in a paperless environment. The Portfolio Manager may serve as a resource to less-experienced colleagues and lead projects of moderate complexity. The position also supports business development and helps customers connect with appropriate services and personnel.

Requirements

3–5 years of banking experience and commercial credit experience.
Extensive knowledge of and experience with credit policies and procedures.
Ability to coach, lead, and motivate.
Strong interpersonal skills and good oral and written communication skills.
Knowledge of software and systems required to successfully perform the job.
Must be a Vikar Subject Matter Expert.
Proven history of managing high-volume workflows.

Responsibilities

Monitor and maintain Service Level Agreements, regulatory compliance requirements, the Bank’s credit risk profile, and profitability.
Protect and preserve pooled or individual portfolios while sustaining profitability, assessing and managing risk, and managing the annual review process.
Analyze portfolio relationships with reasonable involvement from the Relationship Manager.
Prepare financial models and credit memorandums and apply credit policies to a variety of situations.
Track and monitor financial reporting requirements and review Borrowing Base certificates.
Provide loan recommendations based on review of all underwriting criteria for final approval.
Follow internal portfolio and underwriting processes, enter data accurately and promptly in Vikar and/or other centralized systems, and maintain high-quality file documentation in a paperless environment.
Act as a resource for less-experienced colleagues and potentially lead projects with moderate resource requirements, risk, and complexity.
Assist in developing new business for Firstrust, identify expressed customer or prospect needs, suggest appropriate services, and direct customers to the appropriate person to establish business relationships.
Perform other duties as assigned.