CRE Credit Portfolio Manager III (Virginia-Hybrid)

Atlantic Union Bank; Glen Allen (VA); On-site; USD 118,000 - 198,000; Full time

Job summary

An established industry player is seeking a Credit Portfolio Manager III to lead the underwriting process for complex Wholesale Banking loans. This role involves detailed financial analysis, proactive portfolio management, and collaboration with various stakeholders to deliver effective credit solutions. As a subject matter expert, you will ensure compliance with regulatory guidelines while mentoring junior team members. Join this dynamic team to make a significant impact in the financial sector and enhance your career in commercial lending.

Qualifications

• 7+ years of experience in commercial lending.
• Expert in credit and lending practices across various industries.

Responsibilities

• Lead underwriting for complex banking loans and relationships.
• Analyze financial statements and recommend credit structures.
• Mentor junior Credit Portfolio Managers.

Skills

Commercial Lending

Financial Statement Analysis

Credit Risk Assessment

Analytical Skills

Communication Skills

Negotiation Skills

Organizational Skills

Education

Bachelor's degree in Accounting or Finance

Tools

Moody's Risk Analyst

Excel

Word

Job description

Responsible for providing an independent perspective in underwriting and managing complex Wholesale Banking loans and relationships up to the bank's legal lending limit. Partners with Relationship Managers, Credit Portfolio Managers, and the Credit Portfolio Management Team Leader in delivering credit solutions through: underwriting, portfolio management, deal team management, and extensive internal and external client interaction. Credit Portfolio Manager III is expected to be a subject matter expert (SME) in the respective portfolio and adheres to all regulatory and compliance guidelines.

1. Lead the independent underwriting process for new and renewal opportunities within an assigned portfolio, focusing on complex credits and larger portfolios.
2. Provide detailed analysis of financial statements, management, industry impact, collateral, and support for credit decisions.
3. Prepare financial projections using tools like Moody's Risk Analyst or Excel.
4. Recommend credit amounts, structures, and policy adherence to Relationship Managers and Credit Approvers.
5. Manage the portfolio proactively by monitoring performance, ensuring risk rating accuracy, compliance, and issue remediation.
6. Participate in client calls for financial discussions, deal information, and portfolio management.
7. Contribute to projects aimed at improving portfolio management processes.
8. Ensure compliance with all applicable laws and internal policies, including BSA/AML.
9. Prioritize and coordinate deal and portfolio management activities with stakeholders.
10. Mentor junior Credit Portfolio Managers as appropriate.

Organizational Relationship

This role reports to the Team Leader - Credit Portfolio Management.

Position Qualifications

Education & Experience

• Bachelor's degree in Accounting or Finance with at least seven years of experience in commercial lending.

Knowledge & Skills

• Experience across various industries including Commercial & Industrial, real estate, service, retail, and government sectors.
• Subject matter expert in industry-specific credit and lending practices.
• Strong analytical skills for financial statement and cash flow analysis.
• Proficiency in financial statement spreading and software like Moody's.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Word and Excel, including formulas, macros, and charts.
• Strong organizational skills and ability to manage multiple projects independently.

Salary ranges from $118,503 to $197,739 annually, with eligibility for incentive plans or bonuses. Benefits information is available at the provided link. We are an Equal Opportunity Employer and maintain a drug-free workplace.