Commercial Real Estate Portfolio Manager I

Fifth Third Bank; Grand Rapids (MI); On-site; USD 69,000 - 144,000; Full time

Job summary

An established industry player is seeking a Portfolio Manager to oversee a diverse range of accounts while ensuring optimal credit decisions. This role involves collaborating closely with clients and internal teams to assess credit viability and manage risk effectively. The ideal candidate will possess strong analytical skills and a commitment to continuous learning in a dynamic market. Join a forward-thinking organization that values inclusivity and professional growth, where your contributions will directly impact client success and business outcomes.

Qualifications

• 3+ years of credit analysis and loan review experience in Commercial Banking.
• Strong analytical and critical thinking skills are essential.

Responsibilities

• Manage a portfolio of accounts and review credit decisions.
• Collaborate with clients and relationship managers on deal structures.

Skills

Credit Analysis

Financial Modeling

Risk Analysis

Communication Skills

Analytical Skills

Education

Bachelor's degree in Business

Tools

Financial Software

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 is key member of the "coverage team", managing transactions and business portfolio tasks. PMs are expected to be intimately involved in in the deal process, making recommendations on appropriate credit structures, pricing, etc. PMs are directly accountable for managing a portfolio of accounts through their review of updated financial statements, proactive monitoring, and interaction with the Credit Analyst.

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 and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Accountable for managing a portfolio of accounts.
• Review and recommend credit decisions.
• Partners with the Relationship Manager, forming the "coverage team."
• Meet with clients and Participate in business Development calls.
• Assess prospective client's viability for credit.
• Define borrowers and guarantors, deal structure, credit terms and conditions, and financial covenants.
• Value collateral.
• Expected to contribute to work flow or process change and redesign, and to form a strong basic understanding of the Credit Lending process.
• Focus on execution within defined credit lending process.
• Generate commitment letters.
• Perform final risk rating analysis.
• Capture and document credit decisions, conditions, and modifications.
• Collaborates with the Credit Analyst to perform Portfolio management duties.
• Establish and maintain Investor Group on lender Portal.
• Perform Monitoring action and Conduct periodic deal Review.
• Execute decisions to renew or modify deals.
• Communicate directly with clients regarding credit events and actions as needed.
• Works independently to pitch a deal structure.
• A focus on continuous learning to keep up with ever-changing market dynamics.
• Mentor to Credit Analysts.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting).
• At least 3 years credit analysis and/or loan review experience in Commercial Banking.
• Strong analytical skills and critical thinking skills.
• Strong verbal and written communication skills.
• Professional presence (client-facing).
• Ability to partner with all deal stakeholders including clients, relationship manager and credit teams.
• Expertise in financial and risk analysis, including financial modeling.
• Demonstrated expertise in using effective problem solving.
• Proficient with technology and ability to learn new applications.

WORKING CONDITIONS:

• Normal office environment with little exposure to dust, noise, temperature and the like.
• Extended viewing of a CRT screen.
• Some travel required.

Commercial Real Estate Portfolio Manager I Total Base Pay Range 69,800.00 - 143,100.00 USD Annual LOCATION -- Charlotte, North Carolina 28202

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.