Portfolio Manager, RABG

CoBank•Omaha, NE

10d•$121,000 - $148,900•Hybrid

About The Position

At CoBank, a Portfolio Manager in the Regional Agribusiness Banking Group provides relationship management and credit support to a team of Relationship Managers, including origination, structuring, execution, and ongoing monitoring of transactions and borrowers. Responsible for working with the Relationship Manager and Credit Analysts on associated internal credit, research, and financial modeling functions. Mentors and provides guidance to junior level staff, as appropriate. Supports the achievement of profitability and credit goals for the division through day-to-day management of account relationships.

Requirements

Bachelor's Degree required
5 years experience in banking or financial services industry, including experience in power, water, energy, utilities, or agriculture market required

Nice To Haves

Prior experience in the division's market.
Knowledge of accounting, finance and corporate valuation concepts.
Knowledge of fundamental commercial lending, loan structuring, financing alternatives, bond markets, collateral concepts and syndicated loan structures.
Knowledge of technical standards, industry trends, technology and regional/national regulatory requirements.
Knowledge of competitive environment and practices in customer’s industry.
Proven ability to analyze credits, contracts, legal documents, technical reports and various deal structures.
Ability to produce marketing presentations for potential and existing customers.
Advanced analytical skills including ad-hoc data analysis and spreadsheet modeling skills.
Ability to produce marketing presentations for potential and existing customers.
Excellent verbal and written communication and interpersonal skills.
Advanced organizational and time management skills.
Knowledge of Microsoft Office applications (Outlook, Word, Excel and Pilot).
Availability for occasional work outside normal business hours.

Responsibilities

Primary account management of the day-to-day activity of an assigned portfolio of existing accounts consisting primarily of purchased participations. This includes direct customer communication, as necessary.
Provides autonomous oversight on refinancing of existing borrowers, amendments, consents and waivers, term conversions and provides recommendations to Relationship Managers regarding any credit deviations or concerns.
Assists Relationship Managers with communication to critical internal stakeholders, including the Division leadership, Credit, Capital Markets, Agency, Loan Closing, Operations, Treasury and Derivative functions.
Works alongside Credit Analysts to guide the development and analysis of financial data and due diligence of contractual, technical, market information, and industry trends for new or renewed financing arrangements. Collaborates with Credit Analysts to guide the development and preparation of credit approval documentation for new, renewed financing arrangements and consent, waiver and amendment activities.
Provides primary drafting of eligibility opinions and internal risk forms as part of the customer due diligence and application process, as necessary.
Supports Relationship Managers in origination, structuring, and new business activities. Takes on primary responsibilities, as assigned, to negotiate, diligence, document, and close new lending commitments in the bank loan and/or bond market. These activities can include, preparing pre-screening memos, pitch development, and engaging with Capital Markets and other internal stakeholders.
Handles customer and internal partner questions and concerns related to billing, documentation, and other inquiries or requests.
Manages to profitability and credit quality targets for portfolio.
Prudently services accounts to protect CoBank and minimize losses.
May conduct compliance monitoring and follow-up on covenant violations, reporting exceptions and collateral and documentation deficiencies.
Maintains expertise in the various customer segments and keeps up-to-date on industry trends, technology, regulatory requirements, and government programs.

Benefits

Careers with a purpose
Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
Competitive Compensation & Incentive
Hybrid work model: flexible arrangements for most positions
Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
Robust associate training and development with CoBank University
Tuition reimbursement for higher education
Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
Associate Resource Groups: creating a culture of respect and inclusion
Recognize a fellow associate through our GEM awards