Portfolio Manager - Renewable Power & Project Finance

PORTFOLIO MANAGER I – RENEWABLE POWER & PROJECT FINANCE

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.)

Renewable Power & Project Finance

• Provide financing for renewable power projects (primarily solar) sponsored or supported by strategic asset manager relationships within Specialty Banking.
• Transaction types include revolvers/TLs for project construction, delayed draw TLs plus ancillary products such as swaps and letters of credit.
• Monitor and understand ongoing Federal and state regulatory and tax incentive changes to determine impact on the credit quality of the portfolio.
  
  Prepare quarterly and annual reviews, review covenant compliance and evaluate amendments requested by the borrower.

Mortgage Warehouse Finance

• Provide financing to a range of independent mortgage bankers from privately held to publicly traded. Products include mortgage warehouse lines and mortgage servicing lines.
• Responsible for managing the credit and collateral activity.
• Transactions include underwriting new deals, renewals, and modifications/waivers.
• Daily monitoring of collateral, review and approval of loan level exceptions, and wire approvals.
• Ongoing portfolio management including review of collateral, hedge reports, review of monthly financials and covenant compliance.

Franchise Finance

• Provide financing for quick-serve restaurant franchise operators/owners.
• Focus on top brands and larger operators with established track record through multiple economic cycles.
• Transaction types typically include buyouts, refinancings, growth capital, recapitalizations, add-on acquisitions, etc.
• Underwrite leverage lending profiles and cash flow structures through projection modeling and enterprise value analysis.
• Prepare quarterly and annual reviews, review covenant compliance and evaluate borrower amendment requests.

Leveraged Lending

• Provide customized financing solutions for PE sponsor owned middle market companies across a variety of industries.
• Transaction types include leveraged buyouts, refinancings, growth capital, recapitalizations, add-on acquisitions, etc.
• Underwrite leverage lending profiles and cash flow structures through projection modeling and enterprise value analysis.
• Underwrite asset leverage facilities to private debt funds, public & private BDCs, commercial real estate funds and multi-strategy funds.
• Prepare quarterly and annual reviews, review covenant compliance and evaluate borrower amendment requests.

Fund Finance

• Provide customized solutions for asset management clients in support of both their managed Funds and the capital needs of the Firm.
• Transaction types include (i) capital call facilities for managed Funds (RLCs used to bridge timing between fund investment acquisition and calling capital from LP investors) and (ii) RLCs/TLs directly to the asset management firm to support working capital, dividend distributions, general corporate purposes, GP investments and partner buy-outs.
• Evaluate and monitor the credit quality of institutional and high net worth limited partners that are the primary source of repayment for capital call RLCs.
• Prepare annual reviews, review covenant compliance and borrowing base advance requests, evaluate borrower amendment requests.

• Bachelor's Degree or equivalent in Finance, Business, or related field
• Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries

• Basic experience in credit management and lending operations, with a strong understanding of risk management principles
• Desire to build leadership and coaching skills, with the ability to train and develop talent
• Strong…