Associate - National Settlements Portfolio Manager

Huntington; Chicago (IL); Hybrid; USD 57,000 - 113,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

Retirement savings plan

Paid time off

Job summary

Huntington is seeking a Commercial Portfolio Manager to oversee assigned portfolios and support the NST Portfolio Management Team Lead, Regional Credit Officer, and Relationship Managers in underwriting, monitoring, and reporting on commercial loans and client relationships. Responsibilities include portfolio reporting, risk analysis, concentration review, and MIS delivery.

You will partner with RMs to grow revenue while maintaining credit quality and regulatory compliance.

Qualifications

• Bachelor’s degree in Finance/Accounting/Economics or related field or equivalent work experience.
• 1+ years of commercial/middle market credit analysis or underwriting experience.
• MBA in Finance or Accounting is preferred.

Responsibilities

• Assist with portfolio reporting, exposure tracking, trend analysis and MIS reporting.
• Support reviews of settlement activity, performance, concentration risk and portfolio quality.
• Participate in portfolio reviews and credit projects to enhance monitoring capabilities.
• Manage a portfolio in partnership with RMs and Regional Credit Officer.
• Underwrite credits and monitor risk ratings for the portfolio.
• Present credit actions in written or verbal form to senior credit staff.

Skills

Credit analysis

Portfolio management

Financial analysis

Risk assessment

Communication skills

Education

Bachelor’s Degree in Finance/Accounting/Economics or related business field

MBA in Finance or Accounting

Tools

Excel

Word

Job description

Description Summary:

Working under direct supervision, the Commercial Portfolio Manager is responsible for managing assigned portfolio(s) and providing support to NST Portfolio Management Team Lead, Regional Credit Officer and Relationship Manager team (RM’s) in the areas of credit underwriting, portfolio management, compliance, and monitoring of new and existing loans and customer relationships within the portfolio.

Duties and Responsibilities:

Assist with portfolio reporting, exposure tracking, trend analysis, and management information reporting. Support reviews of settlement activity, account performance, concentration risk, and portfolio quality metrics. Participate in portfolio reviews and special credit projects designed to enhance risk identification and monitoring capabilities. Assist in the collection, organization, and analysis of financial and operational information required to support portfolio management decisions. Manage a portfolio of commercial loans and customers in partnership with the assigned relationship manager, Regional Credit Officer and other stakeholders. Service, deepen, and retain assigned profitable customer relationships by proactively evaluating and mitigating associated business risks and opportunities. Optimize customer relationships working directly with Relationship Managers to grow fees, deposits, and portfolio revenue. Own primary responsibility for the credit quality and monitoring of Commercial portfolio risks. Responsible for risk rating new credits and ongoing updating of risk grades in assigned portfolio. Responsible for underwriting quality, portfolio administration, and ongoing credit quality of assigned portfolio. Participate in presenting proposed credit actions in written analysis document and as necessary, verbally to Regional Credit Officer and/or Senior Regional Credit Officer. Conduct portfolio reviews with management and analyze existing portfolio to identify trends and opportunities. Performs other duties as assigned.

Basic Qualifications:

• Bachelor’s Degree/Four-year college degree in Finance/Accounting/Economics or related business field or equivalent year's work experience.
• 1 or more years of relevant commercial/middle market credit analysis experience or underwriting experience.

Preferred Qualifications:

• Understanding and utilization of credit skills for credit decision making, monitoring, and managing of a credit through repayment.
• 3 or more years of Relevant commercial/middle market credit analysis experience or underwriting experience. Credit analysis of Professional Services companies is a plus. Strong analytical ability and an understanding of the analysis of commercial financials. Knowledge of the state and federal laws and compliance regulations for commercial loans. Ability to work under critical time constraints. Strong time management and organizational skills and the ability to perform highly detailed and accurate work on multiple, concurrent tasks. A high level of verbal and written communication skills to effectively convey credit worthiness and recommendations. Thorough knowledge of various software programs including Word and Excel, and the ability to quickly learn additional systems/software. Strong customer service orientation.
• MBA in Finance or Accounting

Exempt Status:

(Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes

Workplace Type:

Office

Our Approach to Office Workplace Type Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range:

$57,000.00 - $113,000.00 Annual Salary. The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.

Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

Benefits:

In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Welcome to Huntington! At Huntington, we look out for people. From reinventing banking with game-changing innovations to building an internal culture that creates lifelong bonds, together, we can make people’s lives better. And amazing things happen when we look out for each other. We prove it every day. Whether it’s helping a colleague or collaborating on a new tool that will revolutionize the way they save money, our actions can have a huge impact. Our colleagues look out for people with a Can-Do Attitude, Service Heart and Forward Thinking. Those are our values—simple but powerful. Each of them pushes us do the right thing, to do right by people. Because people are what matter. If that sounds like you, we hope you’ll apply to join our team. If you’d like to learn more about how Huntington looks out for people, visit https://www.huntington.com/lookingout

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