Full Job Description
*Hybrid Position*
The Portfolio Manager requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.
JOB DUTIES AND RESPONSIBILITIES:
• Ensure all Service Level Agreements, regulatory compliance requirements, and Bank's credit risk profiles and profitability are monitored and maintained.
• Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.
• Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.
• Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.
• Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.
• Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.
• Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
• Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a
• paperless environment.
• Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity.
OTHER JOB DUTIES AND RESPONSIBILITIES:
• Assists in the development of new business for Firstrust. Is alert to expressed customer/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.
• Other duties as assigned.
PHYSICAL AND SENSORY REQUIREMENTS:
• Prolonged periods sitting at a desk and working on a computer.
POTENITAL ON-THE-JOB-RISKS:
• None identified.
EDUCATION, TRAINING AND EXPERIENCE:
• 3-5 years of banking experience and commercial credit
• Extensive knowledge of and experience with credit policies and procedures.
• Demonstrates the ability to coach, lead, and motivate.
• Strong interpersonal skills and good oral written communication skills.
• Knowledge of software/systems required to successfully perform job function.
• Must be a Vikar Subject Matter Expert.
• Proven history of managing high volume workflows.
