Raymond James Financial, Inc

Portfolio Manager - Fund Finance

Raymond James Financial, Inc$80K — $195K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, or related field
  • Minimum of 5 years of credit analysis and underwriting experience
  • Completion of a bank commercial credit training program preferred
  • Experience analyzing alternative investment fund finance transactions is strongly preferred
  • Demonstrated knowledge of fund finance transactions

Responsibilities

  • Develop and manage an underwriting and due diligence framework for transactions
  • Work closely with the credit risk team to enhance rating guidelines
  • Conduct underwriting analysis for credit extensions to clients
  • Perform detailed financial analysis on fund finance transactions
  • Prepare Credit Approval Requests and other necessary documentation for senior committees
  • Monitor portfolio performance and ensure accurate risk ratings
  • Ensure compliance with the Bank's credit policies and procedures

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and critical illness insurance
  • Disability benefits
  • Retirement savings plan
  • Paid time off including vacation and sick leave
  • Parental leave
Full Job Description
Job Description Summary
The Investment Fund Finance Portfolio Manager manages the underwriting / credit approval process and ongoing administration of a portfolio of fund finance transactions with a key focus on high quality credit standards and white-glove client experiences.

Job Description

Primary Functions of the Position:

  • Develop and manage underwriting and due diligence framework and process for counterparty and collateral, including but not limited to credit due diligence for transactions, periodic credit reviews and counterparty/ collateral review and analysis.
  • Work closely with the credit risk team to define and perfect rating guidelines and credit limits framework
  • Provides underwriting analysis for credit extensions to new and existing clients
  • Performs detailed financial analysis on fund finance transactions including subscription lines of credit, fund of hedge funds lending, fund of private equity funds lending and NAV based finance.
  • Provide input to key credit and structural terms for legal agreements
  • Prepares the following for approval by Senior Loan Committee, Chief Credit Officer and/or Senior Credit Officer :
    • Credit Approval Request (CAR)
    • Modifications
    • Covenant Waivers/Amendments
    • Periodic Reviews
  • Manages / monitors assigned portfolio for:
    • Loan Performance
    • Accurate and Timely Risk Rating
    • Required Financial Reporting
    • Covenant Compliance
    • Payment Delinquencies
    • Overdrafts
  • Ensures compliance with the Bank's credit policies and procedures, identifying exceptions for approval when they occur
  • Ensures that the initial set-up of credit facilities on internal systems is consistent with the reporting requirements and covenants contained in the loan documents
  • Approve loan advances for revolvers based on review of borrowing base information and covenant checking
  • Assist with the development of Fund Finance specific review processes including scope, framework and frequency.
  • Prepares periodic financial reviews where required
  • Ensures the receipt and timely circulation of required financial reporting and covenant compliance
  • Accompanies the relationship manager on prospect / client calls when appropriate
  • Work closely with the risk and regulatory reporting team to create risk reporting for senior management, board and other external parties such as auditors and regulators


Highly Preferred Candidate Qualifications:

  • Bachelor's Degree in Finance, Accounting, or related field
  • Minimum of 5 years of credit analysis and underwriting experience
  • Completion of a bank commercial credit training program and experience analyzing alternative investment fund finance transactions strongly preferred


Essential Skills and Abilities:
  • Demonstrated knowledge of fund finance transactions
  • Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
  • Strong written and verbal communication skills
  • Strong presentation skills
  • Ability to work independently and within a team
  • Proficient in various spreadsheet and word processing applications, including the use of graphs and charts


Education

Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience

General Experience - 3 to 6 years

Certifications

Certified Anti-Money Laundering Specialist (ACAMS) - Association of Certified Anti-Money Laundering Specialists (ACAMS)

Salary Range

$80,000.00-$195,000.00

Travel
Less than 25%

Workstyle
Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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