Credit Portfolio Manager III

Atlantic Union Bank; Raleigh (NC); On-site; USD 120,000 - 160,000; Full time

Job summary

Atlantic Union Bank is seeking a Credit Portfolio Manager III to provide independent underwriting for complex Wholesale Banking loans, manage large portfolios, and act as a SME in credit concepts. You will collaborate with Relationship Managers, Credit Portfolio Managers, and leadership to deliver credit solutions while ensuring compliance with regulations.

The role requires seven-plus years in commercial lending, advanced financial analysis skills, and strong communication.

Qualifications

• Bachelor's degree in Accounting or Finance and seven or more years of experience in a commercial lending environment
• Experience across multiple lines of business including Commercial & Industrial, real estate development and builder lines, service, retail, commercial real estate, religious organizations and government
• SME in aligned industry, commercial credit and lending concepts, practices and regulations
• Advanced written and analytical skills to analyze balance sheet structure, and income and cash flow trends
• Ability to research industry sources needed for credit evaluations
• Strong organization skills with the ability to self-manage time and work flow to meet deadlines
• Ability to work independently as well as within a team environment

Responsibilities

• Lead the independent underwriting process for new and renewal opportunities for clients and prospects within an assigned portfolio
• Provide in-depth, independent analysis of financial statements, management competencies, industry impact, competitive dynamics, collateral, and guarantor support
• Prepare detailed short or long-term financial projections within Moody's Risk Analyst or Excel
• Make recommendations to Relationship Managers and Credit Approvers regarding credit amount, structure, and policy compliance
• Manage assigned portfolio by monitoring performance, ensuring risk rating integrity, and ensuring covenants compliance
• Participate or lead client calls with Relationship Manager for in-depth financial questions and deal information
• Participate in special projects to aid with portfolio management improvements
• Adhere to laws and Atlantic Union Bankshares' BSA/AML Policy and Procedures
• Coordinate with clients and stakeholders for new deals, renewals, and portfolio management
• Mentor CPMs I and II as appropriate

Skills

Financial analysis

Credit risk management

Analytical skills

Written and verbal communication

PC proficiency

Education

Bachelor's degree in Accounting or Finance

Tools

Moody's Risk Analyst

Excel

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.

Position Accountabilities

• Lead the independent underwriting process for new and renewal opportunities for clients and prospects within an assigned portfolio. The position will be assigned to some of the more complex credits and larger portfolios within the Wholesale Bank.
• Provide in-depth, independent analysis of financial statements, management competencies, industry impact, competitive dynamics, collateral, and guarantor support for new/renewal opportunities and other credit risk management deliverables.
• Prepare detailed short or long-term financial projections within a vendor provided solution such as Moody's Risk Analyst or within an Excel spreadsheet.
• Make recommendations to Relationship Managers and Credit Approvers regarding credit amount, structure, and policy compliance.
• Manage assigned portfolio by proactively monitoring performance and trends, ensuring risk rating integrity, ensuring timely compliance with all covenants, identifying issues and following through for remediation, and assisting with compliance and regulatory reviews.
• Participate or lead client calls with Relationship Manager for in-depth financial questions, deal information, collection of financial statements, and other portfolio management requirements
• Participate in special projects to aid with the continuous improvement of portfolio management.
• Adhere to all applicable laws and regulations governing bank operations, including compliance with Atlantic Union Bankshares' BSA/AML Policy and Procedures.
• Prioritize new deal, renewal, and portfolio management requirements and coordinate as appropriate with clients and prospects, Relationship Managers, Credit Risk, Treasury Management, and other internal and external stakeholders.
• This senior position may 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 and seven or more years of experience in a commercial lending environment

Knowledge & Skills

• Experience across multiple lines of business, including but not limited to Commercial & Industrial, real estate development and builder lines, service, retail, commercial real estate, religious organizations and government. If supporting commercial real estate lenders, requisite skills would also include construction loan underwriting and administration (construction budgets, sources/uses, construction draw administration, property entitlement, lease analysis and property valuation principles).
• Considered a SME for aligned industry, commercial credit and lending concepts, practices and regulations.
• Advanced written and analytical skills to encompass an ability to analyze balance sheet structure, and income and cash flow trends.
• Consistently demonstrates ability to make complex decisions and sound business judgments regarding business and lending activities
• Skilled in the analysis of financial statements, tax returns and cash flows of commercial & industrial companies, or commercial & residential real estate companies (as applicable).
• Knowledge of financial statement spreading, including proficiency in preparing pro-forma statements within Moody's or other software package.
• Excellent written, oral and interpersonal skills, to include selling, structuring, negotiating, closing, maintenance, modifications and problem resolution
• PC proficiency with Word and Excel, including the use of system and user generated formulas, macros, charts, and tables.
• Ability to research industry sources needed for credit evaluations.
• Strong organization skills with the ability to self-manage time and work flow to meet deadlines.
• Ability to manage multiple projects at one time.
• Ability to work independently as well as within a team environment

Salary offered will be based on several factors including but not limited to education, work experience, certifications, etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits.

We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.