Bachelor's degree in agriculture economics, finance, or business administration.
3-5 years of experience in banking or financial services with a focus on credit.
Strong understanding of lending and market pricing principles.
Experience performing complex tasks within established processes.
Knowledge of industry trends and government programs.
Responsibilities
Manage day-to-day activities of a loan portfolio with existing and new accounts.
Provide oversight on amendments, refinancing, and term conversions for borrowers.
Assist Relationship Managers in communication with internal stakeholders.
Guide financial analysis and due diligence processes alongside Credit Analysts.
Contribute to origination and structuring of new lending commitments.
Develop credit approval documentation for various financial arrangements.
Ensure profitability and credit quality criteria are met for the portfolio.
Benefits
Support for professional development and continuing education.
Opportunity to work in a collaborative environment with various teams.
Involvement in diverse financial activities across the Capital Markets sector.
Exposure to high-level credit and lending processes.
Access to technological tools and resources for performance.
Full Job Description
EDUCATION AND EXPERIENCE
Bachelor's degree in agriculture economics, finance, business administration, or other related business field
Three (3) to five (5) years of experience in banking or financial services involving credit extension, credit underwriting, analysis of commercial and capital markets portfolios.
Comprehensive knowledge of lending, structuring and market pricing concepts and principles.
Performs complex tasks typically following established processes.
JOB SUMMARY
The Portfolio Manager provides relationship management and credit support to Relationship Managers, including origination, structuring, execution, and monitoring of Capital Markets transactions. Responsible for working with the Relationship Managers and Credit Analysts on associated internal credit, research, and financial modeling functions. Supports the achievement of profitability and credit goals for the division through day-to-day management of account relationships.
The Portfolio Manager supports overall lending relationships of Relationship Managers in the Capital Markets sector. Manages a portfolio of purchased and directly-originated sold loans as the secondary officer, which includes coordination of the Credit underwriting team and Relationship Managers. Responsibilities include review of supporting credit underwriting team's work, preparing and managing loan modification/amendment requests, term conversion, legal document review, reviewing and processing fixed rate conversion requests, interfacing with partners (Farm Credit and Commercial Bank partners), interfacing with internal stakeholders, including Risk, Credit Approvals, Capital Markets, and Legal. Originates and executes new business in coordination with Relationship Managers. Responsibilities include, preparing pitch materials, initial deal screening and risk analysis, preparing pre-screening memos, performing and managing due diligence activities, industry and market analysis, preparing and/or reviewing cash flow project finance models, closing activities including commitment letters and participation certificate drafting and/or review, and assisting in the review of other financial products, such as interest rate hedging and letter of credit issuances. Collaborates closely with credit underwriting team, RLT teams, and Capital Markets team to support the design, structure, and pitch for lead opportunities. Recommends credit decisions as appropriate. Manages the overall profitability and credit quality of a large and complex loan portfolio.
ESSENTIAL FUNCTIONS
Independently manages the day-to-day activity of an assigned portfolio of loan transactions with a mix of new and existing accounts. This includes direct partner communication(s), as necessary.
Provides oversight on refinancing of existing borrowers, amendments, consents and waivers, term conversions, fixed rate conversions, and provides recommendations to Relationship Managers regarding any credit deviations or concerns.
Assists Relationship Managers with communication to critical internal stakeholders, including the RLT leadership, Credit, Capital Markets, and Legal functions.
Works alongside Credit Analysts to guide the development and analysis of financial data and due diligence of contractual, technical, and market information for new or renewed financing arrangements.
Collaborates with Credit Analysts to guide the development and preparation of credit approval documentation for new, renewed, modified financing arrangements and consents, waivers and amendment activities.
Supports Relationship Managers in origination, structuring, and new business activities. Takes on primary responsibilities, as assigned, to negotiate, diligence, document, and close new lending commitments in the primary and secondary loan markets. These activities can include, preparing pre-screening memos, pitch development, and engaging with Capital Markets and other internal stakeholders.
Manages to profitability and credit quality targets for portfolio.
Prudently services accounts to protect Capital Farm Credit and minimize losses.
May conduct compliance monitoring and follow-up on covenant violations, reporting exceptions, collateral, and documentation deficiencies.
Maintains expertise in the various customer segments and keeps up to date on industry trends, technology, regulatory requirements, and government programs
REQUIRED SKILLS
Knowledge of accounting, finance, and corporate valuation concepts.
Knowledge of fundamental commercial lending, loan structuring, financing alternatives, collateral concepts and syndicated loan structures.
Advanced knowledge of financial modeling functions.
Knowledge of technical standards, industry trends, technology and regional/national regulatory requirements.
Knowledge of competitive environment and practices in customer's industry.
Proven ability to analyze credits, contracts, legal documents, technical reports and various deal structures.
Ability to produce marketing presentations for potential and existing customers.
Ad-hoc data analysis and spreadsheet modeling skills.
Advanced analytical and problem-solving skills.
Advanced organizational and time management skills.
Excellent verbal and written communication and interpersonal skills.
Knowledge of Microsoft Office applications (Outlook, Word and Excel).
