Senior Portfolio Manager - Asset Backed Finance

Fifth Third Bank•Charlotte, NC

About The Position

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: A Senior Portfolio Manager will have primary responsibility for managing a portfolio of commercial loans and ancillary credit exposure through their review of updated financial statements and proactive monitoring of the business. This role includes client interaction, managing portfolio risk, and adhering to policy and regulatory guidelines. A critical component of this role is the early identification of emerging credit problems and industry and/or company trends. The Senior Portfolio Manager is expected to be anticipatory, forward-focused, independent, transparent, and collaborative in the identification, communication, and management of risk. This position is client-facing, requiring the individual to lead diligence calls. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

Bachelor’s degree in Finance, Business Administration, or a related field.
Minimum of 8 years of experience in portfolio management that includes Asset Backed Finance.
Subject matter expert level understanding of accounting, credit, structuring, underwriting and legal documentation.
Excellent interpersonal and communication skills and proven ability to work collaboratively with business partners.
Ability to manage multiple projects and meet deadlines.

Responsibilities

Maintain an independent current and forward-looking view on the creditworthiness of each client and communicate this view to business and risk partners.
Work closely with Credit Risk and Relationship Managers to actively manage the bank's exposure to the clients in the portfolio.
Analyze historical financials and projections to ensure accurate risk ratings.
Manage approval and documentation process for loan extensions, amendments, waivers and ancillary products, including treasury management, FX, interest rate derivatives, and commodity exposure.
Understand and articulate industry trends.
Ensure compliance with internal policies and regulatory guidelines.
Senior PMs will be assigned a larger portfolio with more complex names (lead clients, high-touch or more challenging sectors)
Actively involved in the recruiting, training and mentoring of junior team members to enhance their skills and performance.
Meet with prospects / clients as needed.
Create and deliver comprehensive portfolio performance reports and presentations for senior management, offering strategic insights and high-level recommendations.
Ensure the highest standards of accuracy and integrity in system records and electronic files, supporting advanced compliance and data governance initiatives.
Lead and contribute to high-level team meetings, providing strategic input on portfolio management strategies and organizational improvements.
Lead special projects and strategic initiatives aimed at significantly enhancing portfolio management processes and systems, ensuring alignment with organizational goals and successful execution