Fund Finance Portfolio Manager – Credit Underwriting

TriState Capital Bank; New York (NY); On-site; USD 110,000 - 190,000; Full time

Job summary

TriState Capital Bank is seeking a Portfolio Manager to oversee underwriting, credit approvals and ongoing administration of fund finance transactions, ensuring high quality credit standards and white-glove client experiences.

The role involves developing and refining credit framework, performing detailed financial analysis, and preparing materials for senior credit committee approvals, with close collaboration to risk, regulatory reporting and client relationships.

Qualifications

• Demonstrated knowledge of fund financetransactions
• Excellent organization skills, attention to detail and the ability to work in a fast-paced environment and complete assignments in a timely manner with minimal direction
• Strong written and verbal communicationskillsStrong presentationskills
• Ability to work independently and within ateam
• Proficient in various spreadsheet and word processing applications, including the use of graphs andcharts

Responsibilities

• Develop and manage underwriting and due diligence framework and process for counterparty and collateral.
• Work closely with the credit risk team to define and perfect rating guidelines and credit limitsframework
• Provides underwriting analysis for credit extensions to new and existingclients
• Performs detailed financial analysis on fund finance transactions including subscription lines of credit, fund of hedge funds lending, fund of private equity funds lending and NAV based finance.
• Provide input to key credit and structural terms for legalagreements
• Prepares the following for approval by Senior Loan Committee, Chief Credit Officer and/or Senior Credit Officer: CREDIT Approval Request (CAR), Modifications, Covenant Waivers/Amendments, PeriodicReviews
• Manages / monitors assigned portfoliofor: LoanPerformance, Accurate and Timely RiskRating, Required FinancialReporting, CovenantCompliance, PaymentDelinquencies, Overdrafts
• EnsurescompliancewiththeBank’screditpoliciesand procedures,identifyingexceptionsforapprovalwhentheyoccur
• Ensures that the initial set-up of credit facilities on internal systems is consistent with the reporting requirements and covenants contained in the loan documents
• Assist with the development of Fund Finance specific review processes including scope, framework andfrequency.
• Prepares periodic financial reviews whererequired
• Ensures the receipt and timely circulation of required financial reporting and covenantcompliance
• Accompanies the relationship manager on prospect / client calls whenappropriate
• Work closely with the risk and regulatory reporting team to create risk reporting for senior management, board and other external parties such as auditors and regulators

Skills

Fund finance knowledge

Excellent organization

Strong written & verbal communication

Teamwork

Excel proficiency

Education

Bachelor’s Degree in Finance, Accounting, or related field

Tools

MS Excel

MS Word

MS PowerPoint

Job description

TriState Capital Bank is seeking a Portfolio Manager to oversee underwriting, credit approvals and ongoing administration of fund finance transactions, ensuring high quality credit standards and white-glove client experiences.

The role involves developing and refining credit framework, performing detailed financial analysis, and preparing materials for senior credit committee approvals, with close collaboration to risk, regulatory reporting and client relationships.