CRE Credit Portfolio Manager III (Virginia-Hybrid)

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

Job summary

An established industry player is seeking a skilled Credit Portfolio Manager III to oversee complex Wholesale Banking loans. This role involves independent underwriting, portfolio management, and collaboration with Relationship Managers to deliver tailored credit solutions. The ideal candidate will be a subject matter expert with strong analytical and decision-making skills, adept at financial statement analysis and proficient in tools like Moody's Risk Analyst and Excel. Join a team dedicated to maintaining compliance and enhancing portfolio management processes in a dynamic banking environment.

Qualifications

• 7+ years in commercial lending with a focus on complex credits.
• Proficient in financial analysis and credit risk management.

Responsibilities

• Lead underwriting for new and renewal opportunities in assigned portfolio.
• Prepare financial projections and recommend credit structures.

Skills

Commercial Lending

Financial Statement Analysis

Analytical Skills

Communication Skills

Decision-Making

Negotiation Skills

Organizational Skills

Education

Bachelor's degree in Accounting or Finance

Tools

Moody's Risk Analyst

Excel

Word

Job description

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.

Key Responsibilities

1. Lead the independent underwriting process for new and renewal opportunities within an assigned portfolio, focusing on complex credits and larger portfolios.
2. Provide in-depth analysis of financial statements, management competencies, industry impact, collateral, and support for credit risk management.
3. Prepare detailed financial projections using tools like Moody's Risk Analyst or Excel.
4. Recommend credit amount, structure, and policy compliance to Relationship Managers and Credit Approvers.
5. Manage the portfolio proactively, monitor performance, ensure risk rating integrity, and ensure compliance with covenants.
6. Participate in client calls for financial analysis, deal information, and portfolio management.
7. Contribute to projects aimed at improving portfolio management processes.
8. Ensure adherence to applicable laws, regulations, and internal policies, including BSA/AML compliance.
9. Prioritize and coordinate deal and portfolio management activities with stakeholders.
10. Mentor CPMs I and II as appropriate.

Organizational Relationship

This position 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 multiple lines of business, including Commercial & Industrial, real estate, and others.
• Subject matter expert in industry, credit, and lending practices.
• Strong analytical skills and decision-making ability.
• Proficiency in financial statement analysis, including 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 range is $118,503-$197,739 annually, with eligibility for incentive or bonus programs. Benefits details can be found at the provided link. We are an Equal Opportunity Employer and maintain a drug-free workplace.