Portfolio Manager

FirstBank; Knoxville (TN); On-site; USD 75,000 - 130,000; Full time

Job summary

FirstBank is seeking a Portfolio Manager to support Relationship Managers and the Head of Specialty Lending Group for Manufactured Housing Communities. You will advance profitability by applying credit expertise during discussions with Sales and Credit/Risk on client quality and financial analysis.

Your role includes underwriting, preparing CLADs, analyzing deals, and monitoring portfolios through annual reviews, while ensuring compliance and professionalism across the team.

Qualifications

• Bachelor’s degree with finance/accounting focus; Master’s a plus.
• 2-3+ years underwriting experience in C&I or CRE.
• Knowledge of Manufactured Housing industry is a plus.

Responsibilities

• Underwrites and prepares CLAD for credit partners.
• Analyzes financial spreads and modeling.
• Monitors portfolios and conducts annual reviews.
• Represents PM/RM in internal and client meetings.
• Ensures compliance with bank policies and laws.

Skills

Microsoft Office

Adobe

Jack Henry banking platform

Abrigo (Sageworks) software

Regulatory compliance knowledge

Ethics and confidentiality

Education

Bachelor’s degree in Accounting or Finance

Masters preferred

2-3+ years underwriting experience

Job description

Summary:

The Portfolio Manager (PM) works to support the revenue generation for Relationship Managers (RM) and Head of Specialty Lending Group (SLG) for the Manufactured Housing Communities (MHC) division. The Portfolio Manager helps drive the profitability of FirstBank’s loan portfolios by applying an expert level of credit skill and knowledge when facilitating discussions between the Sales and Credit/Risk functions with respect to client credit quality and financial analysis.

Essential Duties and Responsibilities

• Primarily performs underwriting (financial analysis) and prepares Credit Loan Approval Documents (CLAD) to present to internal credit partners.


• Demonstrate an understanding of financial spreads, modeling, and monitoring.


• Analyzes New/Renewal/Restructuring existing deals (ranging from $1MM - $25MM)


• Attend internal and client meetings independently representing the PM and/or RM teams as needed.


• Identifies credit financial risks on proposed structure and helps mitigate issues/risks


• Monitor past due information and future maturities, alerting the RMs as needed.


• Conducts on-going portfolio management through Annual Credit Reviews


• Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.


• Regular and reliable attendance.


• Perform other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

• Bachelor’s degree required, Accounting or Finance preferred, Masters a plus


• 2-3+ years of Commercial & Industrial (C&I) and/or Commercial Real Estate (CRE) underwriting, preferably with a banking institution or non-bank financial institution.


• The ideal candidate would have some knowledge of the Manufactured Housing industry.

Skills and Abilities

• Knowledge and experience with Microsoft Office, and Adobe. Experience with Jack Henry banking platform and/or Abrigo (Sageworks) software would be a plus.


• Exhibit a working understanding of banking industry regulatory compliance including FirstBank specific policies and procedures, applying knowledge and best practices as appropriate.


• Ability to demonstrate the highest level of ethical behavior and confidentiality and maintain confidentiality with sensitive information.


• Respectful demeanor toward other associates and managers that promotes a positive and professional work environment.


• Understand and comply with bank policy, laws, regulations as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.