Senior Portfolio Manager

Summary

The Senior Portfolio Manager (Sr. PM) demonstrates advanced proficiency in supporting Relationship Manager (RM) sales efforts through the growth, development and effective management of loan portfolios, helping ensure positive performance. The Sr. PM works independently to assess risk by evaluating, designing and overseeing all aspects of the portfolio construction, and drives profitability by performing advanced and/or broad financial and credit analysis;

manages client relationships independently and in conjunction with the RM.

• Apply an advanced level of credit knowledge, serving as a resource for the RM team and market as a whole.
• Effectively use negotiation skills with a strong focus on the sales process, operating as a bridge between Sales and Credit.
• Review documents for pre- and post-closing including the submission of prerequisite and recurring credit source documentation to the bank’s imaging system.
• Prepare, review, and monitor reports to ensure First Bank guidelines for compliance and credit monitoring are being met.
• Analyze complex credit requests and perform financial statement analysis utilizing the bank’s standardized analysis tools.
• Prepare, review, and monitor reports analyzing loan commitments and outstanding balances by customer, loan type, property type, location, size, etc., responsible for report preparation for board approval.
• Partner with market leadership, Regional Presidents, and Regional Credit Officers in support of the RMs to promote client portfolio growth and strong asset quality
• Monitor past due information and future maturities, alerting the RMs as needed.
• Perform the analysis of key financial metrics for input in commercial loan risk rating matrices to ensure accurate stratification of the bank’s commercial loan grading portfolio.
• Demonstrate an advanced understanding of financial spreads, modeling, and monitoring.
• Perform research to maintain current knowledge of industry trends and changes, ensuring the PM team remains compliant with both First Bank and industry standards.
• May lead others and use advanced portfolio management skills to develop the skill set of the PM team.
• Attend internal and client meetings independently representing the PM and/or RM teams as needed.
• Function as part of the RM team as a capable secondary point of contact for commercial clients
• Model consistent, distinctive service to all customers when delivering the First Bank service experience.
• Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
• Provide independent analysis of credit requests and provide an effective challenge in loan approval and grading.
• Ensure source documentation and credit analysis are accurate and supported.
• Regular and reliable attendance.
• Perform other duties as assigned.

• Bachelor’s degree in finance or similar field preferred
• Experience in banking portfolio management required; possess extensive knowledge of various loan structures and have the ability to apply this knowledge in the formulation of sound credit recommendations

• Strong verbal and written communications; one-on-one and in team environments
• Ability to identify strengths and weaknesses of individual requests and make recommendations to address and mitigate perceived risks
• Ability to allocate time effectively and independently to prioritize timelines
• Strong personal organizational and time management skills