Portfolio Manager

Firstrust Bank•Conshohocken, PA

18d•Hybrid

About The Position

The Portfolio Manager uses in-depth knowledge and experience to exercise sound judgment and apply 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 portfolio integrity while sustaining profitability, evaluating and managing risk, and overseeing the annual review process. The Portfolio Manager analyzes portfolio relationships, prepares financial models and credit memorandums, applies credit policies to varied situations, and reviews underwriting criteria to make loan recommendations for final approval. The position tracks financial reporting requirements and reviews Borrowing Base certificates, while maintaining accurate system data and high-quality documentation in a paperless environment. It also serves as a resource to less-experienced colleagues and may lead moderately sized projects. The role may assist with business development by identifying customer or prospect needs and directing them to appropriate contacts. The position is hybrid. Physical demands include prolonged periods sitting at a desk and working on a computer. No potential on-the-job risks were identified.

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 perform the job successfully.
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 the integrity of 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, including timely and accurate data entry in Vikar and/or other centralized systems, and maintain high-quality file documentation in a paperless environment.
Act as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk, and/or 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.