Portfolio Manager - BBLC

UMB Bank•Kansas City, MO

1d•Onsite

About The Position

As the Portfolio Manager - BBBLC, you will be responsible for assisting Business Banking and Practice Finance officers in the portfolio management activities (generally loans over $500,000) that are reviewed, decisioned and managed by the BBLC (Business Banking Loan Center). You will partner with and support both relationship managers and client managers. You will perform credit underwriting related to requests for renewals, modifications, changes in terms, credit reviews and reaffirmations for the Business Banking and credit portfolios.

Requirements

Bachelor’s Degree in Business, Accounting, Finance or related area with at least 6 hours of accounting AND 1+ year in Business Loan experience (up to $5MM) AND 1+ year credit analysis experience. OR, any combination of education and experience that would provide an equivalent background.
Demonstrate credit decision making skills and ability.
Demonstrate financial analytical skills with ability to solve complex problems by interpreting data and results.
Demonstrate excellent writing skills to create credit memos.
Demonstrate excellent verbal and interpersonal skills to communicate with sales force and credit managers.
Demonstrate ability to work independently.
Demonstrate proficiency of Excel, and Word to create tables and worksheets for credit memos.

Nice To Haves

Previous Business Loan collections experience.
2 years’ Business Loan credit underwriting.
Knowledge of Capital Stream, FIS/BIS.
An aptitude to think strategically and envision future state of the portfolio.

Responsibilities

Analyze business and personal financial statements and work with the Business Banking Loan Center underwriting team to perform financial spreading of those statements.
Present solutions to credit structure, covenants, financial reporting requirements and other credit conditions to the Underwriter.
Monitor portfolio continuously by tracking loan exceptions, BBC, covenants, pas dues and other portfolio management activities.
Recognize and manage early warning signs for the portfolio on a recurring basis and follow established protocol for actions that need to be taken.
Provide specialized risk guidance and advice on existing portfolio of watch list credits across a multi-state geographical footprint.
Secure financial information and test covenants requirements.
Provide timely client follow up and ensure that loan servicing actions, such as past due payment collections, demand letters, law suits, and liquidations are properly administered.
Perform site visits if needed.
Address complaints successfully, resolve documentation exceptions and covenant requirement violations.
Other duties as assigned.

Benefits

Paid Time Off
a 401(k) matching program
annual incentive pay
paid holidays
a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
health savings, flexible spending, and dependent care accounts
adoption assistance
an employee assistance program
fitness reimbursement
tuition reimbursement
an associate wellbeing program
an associate emergency fund
various associate banking benefits