Portfolio Manager

FitzGerald Financial Group - Division of TowneBank Mortgage•Raleigh, NC

10h•Onsite

About The Position

The Portfolio Manager will be responsible for the collection and analysis of financial data to determine creditworthiness and merits of credit requests. This includes reviewing financial statements, tax returns, cash flow projections, risk rating, and personal financial statements. The role also involves ongoing credit monitoring, completing credit reviews, reviewing loan maturities, and ensuring compliance with loan covenants. Additionally, the Portfolio Manager will coordinate collateral inspections, assist in preparing loan packages, ensure loan agreements are accurate, and facilitate timely loan closing and funding. The position requires servicing customers by recommending banking products and services and participating in joint calls with customers and bankers. The role also includes performing other duties as assigned and obeying all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA). Additional responsibilities include performing functions of other positions in the department, contributing to a positive work environment, working collaboratively, adhering to bank policies, and representing the bank at community functions.

Requirements

Bachelor’s degree with a focus in Finance
3 years related experience, or equivalent combination of education and experience
Strong analytical and financial analysis skills
Thorough understanding of Finance and Accounting principles
Demonstrated problem-solving skills
Excellent verbal, written, and interpersonal skills
Proven effectiveness in fast-paced, demanding, client-driven environment
Ability to work across all ranks of our organization to drive consensus, with a primary focus on doing the right thing for the customer
Excellent communication and writing skills; ability to communicate effectively with all levels of management within the organization
Strong analytical and reporting skills, including ability to pull together views for leadership reviews

Nice To Haves

Ideal candidate will possess both a strategic thinking expertise as well as an ability to plan and execute tactical actions to implement strategic objectives

Responsibilities

Collection and analysis of financial data to determine creditworthiness and merits of credit requests, including reviewing and spreading financial statements, tax returns, cash flow and projection analysis, risk rating, and analysis and review of personal financial statements.
Ongoing credit monitoring, including completing credit reviews, reviewing upcoming loan maturities, borrowing base certificates, trend identification in credit quality/risk rating, and compliance with loan covenants.
Coordinate collateral inspections, on site visits, reviews, evaluations, and appraisals for upcoming loan maturities, credit reviews, and new requests in accordance to internal policies and procedures.
Assisting with the preparation of loan packages according to internal policies and procedures and review for accuracy, completeness, and thoroughness prior to closing.
Ensures loan agreements are complete and accurate according to policy.
Assures timely loan closing and funding activities.
Reviews loan documents and reports to ensure integrity of data input in to bank’s core system.
Services customers and potential customers by proactively promoting the Bank to enhance relationships by identifying and recommending banking products and services to the assigned Banker as appropriate to meet customer needs.
Joint calls with customers and potential customers with the assigned Bankers to promote the Bank while further enhancing and soliciting additional banking relationships.
Performs the functions of other positions in the department when the need arises.
Demonstrates respect for co‐workers, contributes to a positive work environment.
Works collaboratively with the team.
Adheres to established bank policies and procedures.
Demonstrates understanding of, and compliance with, governing regulations and laws.
Represents the bank at community functions as needed.
Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).