Commercial Credit Portfolio Manager

Prosperity Bank; Austin (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

Prosperity Bank in Austin, TX is seeking a Credit Underwriter to manage underwriting, monitoring, and portfolio activities for commercial banking relationships. The role focuses on analyzing financial data to assess loan merits, monitoring borrower performance, and supporting the loan portfolio's organization and risk controls.

You will assist with due diligence, prepare loan packages, coordinate closings, and collaborate with Relationship Managers, Credit Department, and legal teams.

Qualifications

• Bachelor’s degree (business concentration preferred)
• Proficient with Microsoft Word, Excel, Power Point as well as some form of financial spreading software
• Has 2-3 years of banking experience, primarily related to credit analysis/underwriting
• Demonstrates strong written and analytical skills
• Has strong understanding of credit policy and procedures and is able to accurately evaluate both cash-flow and collateral-based credits
• Ability to make appropriate judgments and decisions with limited guidance
• Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
• Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision
• Strong public speaking and presentation skills
• Excellent written and verbal communications skills
• Ability to maintain confidentiality and instill trust within the organization
• Proficient in Microsoft Word, Excel, and PowerPoint ability to multitask is essential

Responsibilities

• Assist with due diligence/analysis of new client relationships and opportunity memos as appropriate.
• Manage the renewal process by working with the Relationship Manager, the client, & the credit department.
• Assist in the preparation of loan packages, make presentations, and participate in the bank’s loan approval process.
• Manage the process for approving and closing modifications/amendments/waivers to existing credit agreements.
• Assist Relationship Manager in coordinating the loan closing process for new and existing loan relationships.
• Assist and joins Relationship Manager in business development calling efforts.
• Perform other administrative duties required for the maintenance the loan portfolio (i.e. exception tracking, financial reporting and covenant compliance).
• Manage and oversee small loan/deposit portfolios.
• Ensure the portfolio administration and risk management of each client relationship follows the established credit policy, procedure, and business strategy as well as regulatory guidelines.
• Perform annual loan reviews as needed.
• Partner with the Relationship Manager as a point of a contact for existing and prospective clients; acting as a liaison to the Credit Department, the Commercial support staff and other internal business partners.
• Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts.

Skills

Analytical thinking

Credit analysis

Financial statement analysis

Communication skills

Time management

MS Office proficiency

Education

Bachelor's degree (business concentration preferred)

Tools

Microsoft Word

Excel

PowerPoint

Financial spreading software

Job description

Prosperity Bank in Austin, TX is seeking a Credit Underwriter to manage underwriting, monitoring, and portfolio activities for commercial banking relationships. The role focuses on analyzing financial data to assess loan merits, monitoring borrower performance, and supporting the loan portfolio's organization and risk controls.

You will assist with due diligence, prepare loan packages, coordinate closings, and collaborate with Relationship Managers, Credit Department, and legal teams.