About The Position
The Portfolio Manager underwrites credit exposure for less complex relationships and actively manages a portfolio of Dealer Services relationships. The role includes day-to-day client interaction, portfolio risk management, and compliance with regulatory and bank guidelines. A critical responsibility is early identification of emerging credit concerns, sector trends, funding pressures, governance issues, liquidity challenges, and changes in donor, grant, reimbursement, or program revenue patterns. The role leads commercial underwriting processes, underwrites and structures transactions, analyzes financial statements and business plans, identifies and mitigates risks, and recommends appropriate loan structures. It manages assigned portfolios through performance monitoring, annual reviews, risk-rating integrity, financial statement spreading, compliance reviews, and amendments and waivers. The Portfolio Manager also develops client relationships through direct calling efforts and works with internal product partners to develop solutions aligned with client needs and the Bank’s risk criteria. The position partners with Investment Banking colleagues and maintains knowledge of corporate, investment, and commercial banking solutions, industry trends, and business drivers. It manages deal-team tasks using assigned Associates and Analysts, and mentors and coaches junior Portfolio Managers, Associates, and Analysts. There are no direct reports. The role provides independent risk recommendations, which are ultimately approved by the designated risk approval officer. Portfolio assignments may include complex, leveraged, PEG-affiliated, sensitive, or legally difficult relationships.
Requirements
- Bachelor’s degree in Finance or a related field.
- At least 5 years of related training and experience in commercial or Dealer Services credit analysis.
- Mastery-level proficiency with MS Office desktop applications.
- Strong interpersonal skills and written and verbal communication skills.
- Sound credit skills.
- Strong attention to detail.
- Ability to prioritize workflow and multitask in a fast-paced environment.
- English language fluency required.
Nice To Haves
- Successful experience in a similar role at a commercial financial institution or comparable experience.
- Industry or subsector expertise.
- Mastery of Truist Bank operating systems, including COMPASS and other Commercial applications such as MRA, Salesforce.com, and nCino.
Responsibilities
- Lead the commercial underwriting process with prospects and clients; underwrite, structure, and document transactions.
- Analyze company performance, financial statements, projections, business plans, industry and competitive dynamics, and macroeconomic events; identify and mitigate credit risks.
- Recommend and model loan structures and maintain expertise in ancillary products and the implications of legal documentation and negotiation.
- Evaluate risk and meet associated regulatory compliance requirements.
- Manage assigned portfolio performance and trends, define credit solutions, identify issues, and follow through on remediation.
- Maintain risk-rating integrity and complete annual reviews, financial statement spreading, and compliance and regulatory reviews.
- Manage amendments and waivers for assigned portfolio relationships.
- Conduct consistent, direct client calling efforts and work with internal product partners to develop suitable client solutions.
- Partner with Investment Banking peers to deliver complex financing solutions and share industry, economic, and market insights across the Portfolio Management organization.
- Manage deal-team tasks using assigned Associates and Analysts; mentor and coach junior Portfolio Managers, Associates, and Analysts, including participating in annual performance reviews for Analysts and Associates.
- Provide independent current and forward-looking risk assessments and recommendations, including risk ratings, compliance assessments, and underwriting recommendations.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance
- Accidental death and dismemberment coverage
- Tax-preferred savings accounts
- 401(k) plan
- At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
- 10 sick days, prorated
- Paid holidays
- May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division
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What This Job Offers
Job Type
Full-time
Career Level
Senior
