CRE Credit Portfolio Manager III (Virginia-Hybrid)

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

Job summary

An established industry player is seeking a Credit Portfolio Manager III to provide expert underwriting and portfolio management for Wholesale Banking loans. This role involves leading the underwriting process, conducting thorough financial analyses, and collaborating with Relationship Managers to deliver tailored credit solutions. The ideal candidate will have a strong background in commercial lending, advanced analytical skills, and the ability to mentor junior team members. Join a dynamic team where your expertise will contribute to enhancing portfolio management processes and ensuring compliance with regulatory standards.

Qualifications

• 7+ years of experience in commercial lending with a focus on credit risk.
• Expertise in financial statement analysis and credit regulations.

Responsibilities

• Lead underwriting for complex Wholesale Banking loans and manage client portfolios.
• Conduct in-depth analysis of financial statements and credit risks.

Skills

Financial Statement Analysis

Credit Risk Management

Negotiation Skills

Analytical Skills

Project Management

Communication 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.

Responsibilities

1. Lead the independent underwriting process for new and renewal opportunities for clients and prospects within an assigned portfolio, including complex credits and larger portfolios within the Wholesale Bank.
2. Provide in-depth, independent analysis of financial statements, management competencies, industry impact, competitive dynamics, collateral, and guarantor support for credit risk management.
3. Prepare detailed financial projections using vendor solutions like Moody's Risk Analyst or Excel.
4. Make recommendations regarding credit amount, structure, and policy compliance to Relationship Managers and Credit Approvers.
5. Manage assigned portfolio proactively by monitoring performance, ensuring risk rating integrity, compliance with covenants, and addressing issues.
6. Participate in client calls for financial discussions, deal information, and portfolio management.
7. Contribute to special projects aimed at improving portfolio management processes.
8. Ensure compliance with all applicable laws, regulations, and bank policies, including BSA/AML.
9. Prioritize and coordinate deal and portfolio management activities with internal and external stakeholders.
10. Mentor junior Credit Portfolio Managers 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 and at least seven years of experience in commercial lending.

Knowledge & Skills

• Experience across multiple lines of business, including commercial & industrial, real estate, and others, with skills in construction loan underwriting if applicable.
• Subject matter expertise in industry, credit, and lending regulations.
• Advanced analytical skills for financial statement analysis and decision-making.
• Proficiency in financial statement spreading and software tools like Moody's.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Word and Excel, including advanced features.
• Research skills for industry and credit evaluations.
• Strong organizational and project management skills.
• Ability to work independently and in teams, managing multiple projects.

Additional Information

Salary range: $118,503-$197,739, based on experience and qualifications. Eligible for incentive or bonus programs. Benefits details available at the company website. We are an Equal Opportunity Employer and maintain a drug-free workplace.