Portfolio Manager

First Horizon Bank; Mobile (AL); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical benefits

HSA match

Parental leave

Tuition reimbursement

Mentor program

401(k) match

Job summary

First Horizon Bank is seeking a Portfolio Manager to support risk assessment and management of the bank's loan portfolio. You will perform analytical credit oversight and annual reviews, ensuring covenant compliance and accurate underwriting across assigned credits.

You will partner with Relationship Managers to meet client needs, collect financial data, analyze cash flows, prepare credit presentations and pricing, and coordinate closings while monitoring industry trends and regulatory

Qualifications

• Bachelor's degree (4-year college) required.
• At least 10 years of experience or equivalent combination of education and experience.

Responsibilities

• Evaluates information to determine risk rating and acceptable risk; identifies credit risk trends at customer and portfolio level.
• Meets with current and prospective clients to understand requirements and needs.
• Collects financial data to ensure accurate risk assessment and underwriting.
• Analyzes cash flow for commercial and individual borrowers to assess financial condition and repayment ability.
• Prepares financial spreads, credit presentation sheets, narratives, and pricing models for approval.
• Coordinate closing and booking events.
• Monitors industry trends to identify potential risk areas.
• Ensures 120-day renewal letters and compliance reviews are completed.
• Completes required regulatory courses by assigned due dates.
• Performs other duties as assigned.

Skills

Credit risk assessment

Financial analysis

Credit underwriting

Relationship management

Education

Bachelor's degree

Tools

Excel

Job description

Location

On site at location listed in job posting.

SUMMARY

The Portfolio Manager assists in the assessment of risk and management of the Bank’s loan portfolio by providing analytical and credit oversight and is responsible for the annual review, renewal, loan covenant compliance reviews and financial collection process within assigned loan portfolio. Partners with Relationship Managers to grow and develop a high quality and profitable loan portfolio.

Key Responsibilities Include

• Evaluates pertinent information to determine risk rating and whether a prospect and/or existing credit is an acceptable risk; identifies credit risk trends at the customer and portfolio level; notifies manager of risk changes.

• Partners with Relationship Managers to:

• Meet with current and prospective clients to understand the specific customer requirements and needs.

• Collect appropriate financial data and information to ensure an accurate risk assessment and thorough underwriting.

• Answer client questions; ensure all data is accurate for loan underwriting.

• Analyses global cash flow for commercial and individual prospects, borrowers and guarantors to identify financial condition, profitability, repayment ability, operating trends, financial support of credit and other various financial indicators.

• Prepares all required financial spreads, Credit Presentation Sheets, Narrative, Relationship Summary, and Loan Pricing Model and prepares packages for approval on all new and existing credits.

• Assist in the pricing and structure of new loans and renewals.

• Coordinates closing and booking events.

• Monitors industry trends and analyze specific industry trend data to identify potential areas of risk.

• Ensures a 120 day renewal letter is sent to the customer identifying the key financial information needed in advance to process the renewal request; completes loan covenant compliance and annual loan reviews and review findings.

• Completes, passes and maintains an up to date status for all positional and company required compliance and regulatory courses by assigned due date(s).

• Performs all other duties as assigned

Qualifications Include

• Bachelor (4-year college) degree at least 10 years of experience or equivalent combination of education and experience

ABOUT US

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available atwww.FirstHorizon.com (https://urldefense.com/v3/__https:/www.firsthorizon.com/__;!!Cz2fjcuE!hpq9hPnrucZCPIAVPojVESItIq-FPzhurNdCrQ3JE8Rkx3gMd70nIk6_kmPxl66_oJCEsXs0gNunPowMAMHCmBYPOtUxUGI$)

Benefit Highlights

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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 (https://www.eeoc.gov/poster) notice from the Department of Labor.

Job Identification: 1339

Job Category: Banking

Job Schedule: Full time

Degree Level: Bachelor's Degree