Portfolio Manager or Senior Portfolio Manager - Wholesale Credit Delivery - Middle Market segment

Overview

The position underwrites credit exposure for Wholesale Banking clients and actively manages a Middle Market or CML portfolio. It includes day-to-day client interaction, managing portfolio risk and adherence to regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Underwriting:
  Leads the entire commercial underwriting process both internally and externally with prospects and clients. Underwrites and documents all prospect and client transactions. Analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and Uniform Commercial Code (UCC) searches. Acts as liaison with Commercial Fulfillment and Commercial Sales Assistant (CSA). Provides independent analysis of financial statements and business plans;
  
  identifies and mitigates key risks. Recommends and models appropriate loan structures while maintaining expertise around the bank’s suite of ancillary products. Responsible for risk evaluation and regulatory compliance requirements. May require specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, Corporate Banking, Working Capital and other Truist product offerings.
• Portfolio Management:
  Accountable for and manages the assigned portfolio by monitoring performance and trends, identifying issues and following through for remediation. Responsible for risk rating integrity, annual reviews as well as financial statement spreading, compliance and regulatory review. Manages all amendments and waivers in the assigned portfolio. Expected to be anticipatory, forward focused, independent, transparent and collaborative in identification, communication, and all aspects of risk management.
• Client Calling Effort:
  In conjunction with other internal product partners, applies knowledge of credit policy, pricing and structure to develop solutions that meet the client’s needs and the Bank’s risk acceptance criteria. Manage data integrity of all data inputs and outputs. Review and update loan systems information to ensure accuracy.
• Span of Control:
  No direct reports, but regular communication with Clients and Prospects, Portfolio Management teammates, Relationship Managers, Credit Risk Managers, Credit Review partners, Technology, and other internal and external audit and examiner functions.
• Decision-Making and Autonomy:
  Teammates provide independent current and forward-looking risk views on clients within the assigned clients/prospects and portfolio. They author independent risk recommendations including risk rating, compliance, underwriting. Recommendations are finally approved by the ultimate risk approval officer.
• Problem Complexity:
  Complex. Portfolio Manager & Underwriters are responsible for underwriting and management of significant client exposure.
• Leadership / Influencing / Negotiating / Persuading:
  Teammates develop an independent point of view and provide recommendations to appropriate decision makers. Expected to mentor junior talent and LOB partners as appropriate. Project or Program Management:
  Able to handle a large portfolio of complex/levered clients and take a leadership role in activities outside day-to-day portfolio responsibilities that benefit the PM platform. Nature and Area of Impact:
  Deliver solid credit and underwriting analyses and risk rating recommendations. Key risk drivers are credit and operational.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s Degree in Finance or related field and at least 5+ years of related training and experience in commercial credit analysis.
• Mastery level proficiency with MS Office Desktop applications.
• Strong interpersonal skills and…