Commercial Portfolio Manager II- Equipment Finance

Financeroles; Chicago (IL); On-site; USD 82,000 - 173,000; Full time

Job summary

Fifth Third Bank in Chicago, IL seeks an experienced Portfolio Manager II to oversee a commercial loan portfolio, assess risk, and guide underwriting decisions across the deal lifecycle. You will partner with Relationship Managers and Credit Risk, ensuring accurate risk ratings and proactive portfolio monitoring.

The role requires at least 6 years in portfolio management or commercial banking, strong accounting and credit analysis knowledge, and effective client-facing communication.

Qualifications

• Bachelor’s degree in Finance, Business Administration, or related field.
• Minimum of 6 years of experience in portfolio management or commercial banking, ideally in equipment finance.
• Strong understanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation
• Strong analytical and critical thinking skills.
• Strong verbal and written communication skills.
• Professional presence (client-facing).
• Strong interpersonal and collaboration skills with risk partners
• Expertise in financial and risk analysis, including financial modeling.
• Demonstrated expertise in problem solving.
• Proficient in technology and ability to learn new applications.
• Ability to manage multiple projects and meet deadlines.

Responsibilities

• Maintain an independent current and forward-looking view on the creditworthiness of each client and communicate this view to business and risk partners.
• Perform monitoring actions; conduct periodic deal reviews; and execute decisions to renew or modify deals.
• Work closely with Credit Risk and Relationship Managers to actively manage the bank's exposure to the clients in the portfolio.
• Analyze historical financials and projections to ensure accurate risk ratings and identify emerging credit problems.
• Manage underwriting, approval and documentation for transactions including money, extensions, amendments, waivers and ancillary products.
• Review and recommend credit decisions; perform final risk rating analysis; provide policy interpretation.
• Ensure compliance with internal policies and regulatory guidelines.
• Mentor junior team members and provide performance feedback.
• Meet with prospects / clients as needed.
• Create and deliver portfolio performance reports and presentations for senior management.

Skills

Portfolio management

Credit analysis

Financial modeling

Communication skills

Interpersonal skills

Problem solving

Technology proficiency

Project management

Education

Bachelor’s degree in Finance or related field

Job description

Make banking a Fifth Third better
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

The Portfolio Manager IIis responsible forem anaging a portfolio of commercial loansand underwriting transactions. This position is accountable for the ongoing review and analysis of financial statementsandproactive portfoliomonitoringto ensure a comprehensive understanding of borrower performance and risk profile. The Portfolio Manager II partners closely with Relationship Managersand CreditRiskthroughout the deal lifecycle. Responsibilities include covenant structuring and analysis, collateral evaluation, risk rating assessment, and the preparation of sound, well-supported credit recommendations.The Portfolio ManagerIIis expected to be anticipatory, forward-focused, independent, transparent, and collaborative in the identification, communication, and management of risk.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers andcolleagues andensures that actions and behaviors drive a positive customer experience. Whileoperatingwithin the Bank’s risk appetite,achievesresults by consistentlyidentifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Maintain an independent current and forward-looking view on the creditworthiness of each client and communicate this view to business and risk partners.

• Perform monitoring actions; conduct periodic deal reviews; and execute decisions to renew ormodifydeals.

• Work closely with Credit Risk and Relationship Managers to actively manage the bank's exposure to the clients in the portfolio.

• Analyze historical financials and projections to ensureaccuraterisk ratings, early identification of emerging credit problems, and articulation of industry trends.

• Manageunderwriting,approval and documentation process fortransactions which may include new money,loan extensions, amendments, waivers and ancillary products, including treasury management, FX, interest rate derivatives, and commodity exposure.

• Review and recommend credit decisions; perform final risk rating analysis; provide business partners with credit lending policy interpretation.

• Ensure compliance with internal policies and regulatory guidelines.

• Actively involved in the recruiting,training,and mentoring of junior team members to enhance their skills and performance.

• Meet with prospects / clients as needed.

• Create and deliver comprehensive portfolio performance reports and presentations for senior management, offering strategic insights and high-level recommendations.

• Ensure the highest standards of accuracy and integrity in system records and electronic files, supporting advanced compliance and data governance initiatives.

SUPERVISORY RESPONSIBILITY:

Role maybe responsible forprovidingotheremployees, typically credit analysts,timely,candidandconstructive performance feedback. Developing employees to their fullest potential andprovidechallenging opportunities that enhance employee career growth; developing theappropriate talentpool to ensure adequate bench strength and succession planning;recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE,SKILLSAND ABILITIES REQUIRED:

• Bachelor’s degree in Finance, Business Administration, orrelatedfield.

• Minimum of6years of experience in portfolio management or commercial banking, ideally in equipment finance.

• Strong understanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation

• Strong analytical skills and critical thinking skills.

• Strong verbal and written communication skills.

• Professional presence (client-facing).

• Stronginterpersonal and communication skills with the ability to collaborate effectively with business and risk partners

• Expertisein financial and risk analysis, including financial modeling.

• Demonstratedexpertisein using effective problem solving.

• Proficientintechnology andabilityto learn new applications.

• Ability to manage multiple projects and meet deadlines.

Commercial Portfolio Manager II- Equipment FinanceTotal Base Pay Range 82,100.00 - 172,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Chicago, Illinois 60606

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.