Special Credits Portfolio Manager

Hancock Whitney•New Orleans, LA

About The Position

The primary function Special Credits Portfolio Manager 2 is to support a team of Special Credit Asset Managers by analyzing and underwriting criticized loan relationships in a timely manner and in accordance to business and Bank Standards. Other responsibilities include loan documentation gathering and review, preparing correspondence to attorneys and/or clients, and other support functions as needed.

Requirements

Bachelor's degree in Business Administration, Finance, Accounting, or a related field
3+ years of credit analysis experience and 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
Knowledgeable of commercial and retail lending services, documentation, underwriting, and regulatory guidelines
Experienced understanding of financial ratios and business principles
Knowledge of credit analysis and lending functions
Ability to calculate financial ratios and apply basic business principles
Experienced working knowledge of all bank products and services
Ability to interpret personal and business tax returns and financial statements
Ability to use sound logic to solve problems with effective solutions
Ability to communicate effectively orally and in writing using the English language; ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations; ability to write reports, business correspondence, and procedure manuals; ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to work with mathematical concepts such as probability and statistical inference; ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations
Ability to solve practical problems and deal with a variety of instructions furnished in written, oral, diagram, or schedule form

Responsibilities

Partners with Special Credit Asset Managers.
Supports and assists other Special Credit Portfolio Managers as team workload dictates.
Keeps informed of current economic conditions and legislation which may affect customer relationships and the Commercial Line of Business.
Works as a member of the Workout Delivery Team in conjunction with Special Credit Asset Manager, Credit Officer, etc.
Works under direct supervision of a Special Credits Team Leader and as a partner with Asset Managers (AMs).
Provides support in working with the AMs to structure and underwrite criticized loan requests.
Underwrites extensions, modifications and renewals.
Presents basic loan requests as needed to Credit Officers.
Works directly with the Asset Managers to obtain all necessary financial statements and transaction information in order to analyze credit requests.
Tracks Loan Agreement Compliance ensuring that relationships within their portfolio are monitored per the terms of the Loan Agreement.
Monitors and works with RM to clear payment Past Dues.
Prepare risk rating scorecards and related forms/reports to verify that ratings are accurately reflected and documented.
Completes due diligence process by ordering appropriate reports.
Conducts company, industry and market analyses to further assess borrower credit quality.
Reviews and approves all legal documents, whether internally or externally prepared, to ensure accuracy and completing in accordance with loan approval.
Tracks and resolves document exceptions related to closing and ongoing exceptions.
Monitors credit status and quality of loans on a regularly scheduled basis, including assessment of current risk rating.
Secures and safeguards all customer information according to Bank guidelines, including cash, customer account data, and other sensitive information.
Participates in civic, community and industry activities as needed.
Performs all other duties and special projects as assigned by Senior Management.
Incumbent is required to comply with all applicable federal, state, and local banking and industry related laws and regulations including but not limited to the Bank Secrecy Act.
Responsible for the overall direction, coordination and evaluation of a team of associates, carries out supervisory responsibilities in accordance with the organization's policies and applicable laws; Responsibilities include interviewing, hiring, and training associates; planning, assigning, and directing work; appraising performance; rewarding associates and enforcing policy and procedure; addressing complaints and resolving problems.