Portfolio Manager

First-Horizon-Bank; Mobile (AL); On-site; USD 90,000 - 120,000; Full time

Job summary

First-Horizon-Bank seeks a Portfolio Manager to assess risk and oversee the loan portfolio, performing annual reviews, covenant compliance, and financial collection processes, while partnering with Relationship Managers to grow a high-quality, profitable portfolio.

The role requires analyzing cash flows, preparing financial spreads and presentation materials, and coordinating loan pricing, renewals, and closings as needed.

Qualifications

• Bachelor's degree is required or equivalent combination of education and experience.

Responsibilities

• Evaluates risk and whether credit is acceptable; identifies risk trends at customer and portfolio level.
• Partners with Relationship Managers to meet with clients and understand requirements.
• Collects financial data to ensure accurate risk assessment and underwriting.
• Analyzes global cash flow for prospects to identify financial condition and repayment ability.
• Prepares financial spreads, Credit Presentation Sheets, Narrative, Relationship Summary, and Loan Pricing Model for approvals.
• Assist in pricing and structuring new loans and renewals.
• Coordinates closing and booking events and monitors industry trends for risk.
• Ensures loan renewal letters are sent and covenant compliance and annual reviews are completed.

Education

Bachelor's degree

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