Portfolio Manager II

Portfolio Manager II - Middle Market, Food & Beverage What is the opportunity?

The Portfolio Manager is part of the credit management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and / or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits. Primary responsibilities include:
Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and / or cash flow proformas). This individual is expected to present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.

This individual is expected to be responsive to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely. This individual is responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.).

Underwrite and manage cash-flow and asset-based loans ≥25.0 million for the national Food & Beverage ("F&B") platform across the sponsor and strategic channels. Target Borrower profiles, both private and public, have EBITDA >10.0 million and Revenue >100.0 million. Structures typically include revolvers, term loans, delayed draw term loans, and CAPEX lines across multiple product lines. Transaction types typically include leveraged buyouts, management buyouts, refinances, growth capital, recapitalizations, add-on acquisitions, etc.

Underwriting:
Lead or support due diligence efforts as Agent or Participant for Borrowers across the F&B value chain (i.e. manufacturers, processors distributors, grocers, etc.). Core competencies include historical and projected financial statement analysis, dynamic 3-statement financial modeling, credit memorandum preparation, legal documentation and loan closing. Focus areas often include commodity / labor / freight management, customer and supplier terms, capital intensity and utilization, product / channel / customer / supplier stratification, food safety, etc.

Portfolio Monitoring:
Manage a portfolio of Borrowers across multiple F&B subsectors with various structures, roles, commitments and risk ratings. Perform monthly / quarterly and annual reviews covering financial performance, risk ratings, capacity to repay, covenants, etc. Evaluate credit requests to assess creditworthiness, prepare the corresponding approval memorandums, and document waivers / consents / amendments, as applicable. Focus areas often include same-store sales, input costs, consumer demand, tariffs, inflation, etc.

• Teamwork:
  Mentors junior colleagues, fosters a culture of continuous improvement and professional growth.
• Portfolio Management:
  Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.
• Credit Analysis:
  Analyzes credit data and performs underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
• Performance Monitoring:
  Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Data Analysis:
  Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
• Risk Management:
  
  Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank's credit…