Portfolio Manager

Texas-Capital-Bank; Dallas (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Texas Capital Bank is seeking a Sr. Portfolio Manager to own the underwriting process for Private Wealth credit requests, working with Analysts, Associates and Relationship Managers to assess risks and drive opportunities from initial review to close with minimal oversight.

Responsibilities include monitoring portfolio quality, recommending adjustments to facilities, and ensuring best-in-class client service while coordinating with Credit and the Line of Business.

Qualifications

• Exceptional writing, interpersonal and communication skills.
• Strong teamwork and collaboration across the organization.
• Proven leadership and initiative in a fast-paced environment.

Responsibilities

• Oversee credit responsibilities for Analysts and Associates, incl. financial statement spreading.
• Lead credit approvals for new customers, modifications, renewals and risk assessments.
• Identify key risks and mitigants for each credit request and ensure covenant compliance.

Skills

Communication

Interpersonal skills

Leadership

Education

Bachelor’s degree in Finance/Accounting/Banking

Tools

Microsoft Office

Job description

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.Brief Overview of PositionThe Sr. Portfolio Manager role is positioned within Credit Administration and is integral to the success of each line of business it supports, helping to drive the strategic vision set forth by Texas Capital Bank.This position will support the Private Wealth line of business within the bank. The Portfolio Manager owns the underwriting process for all credit requests, working closely with Analysts, Associates, and Relationship Managers to determine and evaluate potential risks and identify cross-sell opportunities. The Portfolio Manager is responsible for maximizing portfolio performance and is expected to have the ability to lead a deal from opportunity to close with little to no oversight. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Portfolio Manager provides efficient follow-up and spearheads processes to ensure best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.ResponsibilitiesTo be successful in this role, candidates must be able to process large amounts of information, communicating in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining a strong and efficient attention to detail. Key responsibilities include, but are not limited to:Oversight of credit related responsibilities for the Analysts and Associates, including financial statement spreading and validation of various underwriting modelsResponsible for risk rating assessment and periodic relationship reviewsPartner with Relationship Manager in credit agreement review and negotiationOwnership of all credit approvals (new customers, modifications, renewals, increases, risk assessments)Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks.Ownership of policy exception identificationDirect and manage portfolio reviewsValidate covenant compliance and covenant managementOwnership of post-approval modifications to ensure accurate reporting of credit exposureClient management, including assisting of day-to-day needs, contact meetings, and site visits. Direct client contact is expected.Client management in SalesForceOversight and in-depth analysis of macroeconomic conditions, industry trends and changes in lending practicesOwnership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.Identify cross-sell opportunitiesPartner with Special Assets Group for credit requests (as needed)Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospectsQualificationsBachelor’s degree in Finance, Accounting, Commercial Banking or equivalent/relevant program8+ years’ experience in Commercial or Corporate Banking with formal Credit training.Exceptional writing, interpersonal and communication skillsExtraordinary levels of motivation and initiativeEffective team players who want to work in a fast-paced, collaborative environment and build working relationships across the organizationStrong Microsoft Office skills including Outlook, Excel, and PowerPoint in order to produce reports, memos, and presentationsPassion for financial services and delivering superior client experiencesProven leadership skills and community involvementThe duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.