Special Credits Portfolio Manager

Hancock Whitney Bank•New Orleans, LA

23d

About The Position

The Special Credits Portfolio Manager 2 supports Special Credit Asset Managers by analyzing and underwriting criticized loan relationships in a timely manner and in accordance with business and Bank standards. The position also supports loan documentation gathering and review, correspondence with attorneys and clients, and other team functions. The role works under the direct supervision of a Special Credits Team Leader and partners with Asset Managers as part of the Workout Delivery Team. The position monitors criticized loan relationships, supports credit requests and workouts, verifies risk ratings, tracks loan agreement compliance and document exceptions, and helps ensure that credit and legal documentation is accurate and complete. It requires compliance with applicable banking laws and regulations, including the Bank Secrecy Act. The role also has supervisory responsibility for a team of associates, including hiring, training, work direction, performance evaluation, and problem resolution.

Requirements

Bachelor's degree in Business Administration, Finance, Accounting, or a related field.
At least 3 years of credit analysis experience and experience working with Credit Analysts/Underwriters and Relationship Managers or bankers.
Successful completion of a formal credit training program or certificate program.
Experience assisting Senior Bank Officers with a variety of intermediate-level transactions.
Knowledge of commercial and retail lending services, documentation, underwriting, and regulatory guidelines.
Understanding of financial ratios and business principles.
Knowledge of credit analysis and lending functions.
Ability to calculate financial ratios and apply basic business principles.
Working knowledge of bank products and services.
Ability to interpret personal and business tax returns and financial statements.
Ability to use sound logic to solve problems and identify effective solutions.
Effective oral and written communication in English, including reading and interpreting business, professional, technical, and governmental materials; writing reports, correspondence, and procedure manuals; and presenting information and responding to questions.
Ability to work with probability and statistical inference and apply fractions, percentages, ratios, and proportions to practical situations.
Ability to solve practical problems and interpret instructions presented in written, oral, diagram, or schedule form.
Ability to lift, move, or carry approximately 25 pounds if required to perform essential job functions, subject to accommodation where applicable.
Ability to work under stress and meet deadlines.
Ability to travel if required to perform essential job functions.

Responsibilities

Partner with Special Credit Asset Managers and assist other Special Credit Portfolio Managers as team workload requires.
Stay informed about economic conditions and legislation that may affect customer relationships and the Commercial Line of Business.
Work as a member of the Workout Delivery Team with Special Credit Asset Managers, Credit Officers, and others.
Support Asset Managers in structuring and underwriting criticized loan requests.
Underwrite loan extensions, modifications, and renewals.
Present basic loan requests to Credit Officers as needed.
Work with Asset Managers to obtain financial statements and transaction information for credit analysis.
Track Loan Agreement compliance and monitor portfolio relationships according to loan agreement terms.
Monitor and work with Relationship Managers to clear past-due payments.
Prepare risk-rating scorecards and related forms and reports to verify ratings are accurately documented.
Complete due diligence by ordering appropriate reports.
Conduct company, industry, and market analyses to assess borrower credit quality.
Review and approve internally or externally prepared legal documents for accuracy and conformity with loan approvals.
Track and resolve closing and ongoing document exceptions.
Regularly monitor loan credit status and quality, including current risk ratings.
Secure and safeguard customer information in accordance with Bank guidelines.
Participate in civic, community, and industry activities as needed.
Perform other duties and special projects assigned by Senior Management.
Direct, coordinate, and evaluate a team of associates; interview, hire, train, assign and direct work, appraise performance, reward associates, enforce policies and procedures, address complaints, and resolve problems.
Comply with applicable federal, state, and local banking and industry laws and regulations, including the Bank Secrecy Act.