Brief Overview of PositionAsset Based Lending Portfolio Manager owns the relationship and approval process for all credit requests for existing ABL clients, working closely with Analysts, Associates, and Relationship Managers. The Portfolio Manager is responsible for maximizing portfolio performance and is expected to have the ability to lead a deal with little to no oversight. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Portfolio Manager provides efficient follow-up and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.
ResponsibilitiesTo be successful in this role, candidates must be able to process large amounts of information, communicating in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining strong and efficient attention to detail. Key responsibilities include, but are not limited to:
- Oversight of credit related responsibilities for the Analysts and Associates, including financial statement spreading and validation of various underwriting models
- Responsible for risk rating assessment and periodic relationship reviews
- Partner with Relationship Manager in credit agreement review and negotiation
- Ownership of all credit approvals (new facilities, modifications, renewals, increases, risk assessments)
- Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks.
- Ownership of policy exception identification
- Direct and manage portfolio reviews
- Validate covenant compliance and covenant management
- Ownership of post-approval modifications to ensure accurate reporting of credit exposure
- Client management, including assisting with day-to-day needs, contact meetings, and site visits. Direct client contact is expected.
- Client management in SalesForce
- Oversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practices
- Ownership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.
- Identify cross-sell opportunities
- Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects
Qualifications- Bachelor's degree in Finance, Accounting, Commercial Banking, or equivalent/relevant program
- 3+ years' experience in ABL Portfolio Management experience with formal Credit training.
- Exceptional writing, interpersonal and communication skills
- Extraordinary levels of motivation and initiative
- Effective team player who wants to work in a fast-paced, collaborative environment and build working relationships across the organization
- Strong Microsoft Office skills including Outlook, Excel, and PowerPoint in order to produce reports, memos, and presentations
- Passion for financial services and delivering superior client experiences
- Proven leadership skills and community involvement
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.
