Portfolio Manager 3 - Business Credit

First National Bank; Raleigh (NC); On-site; USD 90,000 - 125,000; Full time

Job summary

First National Bank in Raleigh, NC is seeking a Portfolio Manager 3 - Business Credit to oversee an Asset Based Lending portfolio, focusing on collateral quality and borrower performance. You will perform timely financial analyses and underwriting, monitor industry trends, and work with clients to optimize risk and maximize income for the Commercial Banking unit.

The role requires leadership, strong communication, and the ability to support cross-functional initiatives while ensuring compliance

Qualifications

• BA or BS required.
• Minimum 7 years in commercial banking or credit analysis or loan review.
• Experience in Asset Based Lending preferred.
• Excellent project management and communication skills.
• Proficient with MS Word, Excel and PowerPoint.
• Ability to assess collateral and borrower financial statements.

Responsibilities

• Manages an Asset Based Lending portfolio with emphasis on collateral and borrower progress.
• Performs financial and credit analysis on borrowers.
• Monitors trends within the client's industry.
• Monitors documentation, collateral and financial statement exceptions.
• Assists in new business by preparing Preview Memos and underwriting packages.
• Ensures sound underwriting principles and guidelines are maintained while conforming to reporting and regulatory requirements.
• Identifies, recommends and implements strategies to reduce risk including changes in risk rating.
• Independently meets with borrowers, prospects and service providers as needed. Reviews outside legal documents.
• Diagnoses client needs and facilitates cross-sell of Bank services.
• Performs other duties as assigned by senior staff in Asset Based Lending.

Skills

Project management

Communication skills

Customer service

Analytical skills

Interpersonal skills

Computer skills

MS Word

MS Excel

MS PowerPoint

Credit analysis

Asset Based Lending knowledge

Education

BA or BS

Job description

Primary Office Location

501 Fayetteville Street. Raleigh, North Carolina. 27601.

Join our team. Make a difference - for us and for your future.

Position Title

Portfolio Manager 3 - Business Credit

Business Unit

Commercial Banking

Reports To

Manager of Portfolio and Collateral Operations - Business Credit

Position Overview

This position is primarily responsible for monitoring the asset quality and financial performance of an assigned portfolio of Asset Based Lending relationships. The incumbent provides the highest quality of service to every customer. The incumbent may be asked to independently generate new income potentials for the group depending on the incumbent's experience level.

Primary Responsibilities

• Manages an Asset Based Lending portfolio with emphasis on managing the borrower's collateral and financial progress.
• Performs financial and credit analysis as needed on various borrowers.
• Monitors trends within the client's industry.
• Monitors documentation, collateral and financial statement exceptions.
• Assists in the new business efforts by performing Preview Memos and completes underwriting packages on prospects.
• Ensures sound underwriting principals and guidelines are maintained while conforming to reporting and regulatory requirements.
• Identifies, recommends and implements strategies to best reduce the corporation's risk including recommended risk rating changes.
• Independently meets with borrowers, prospects and service providers on an as needed basis. Reviews outside legal counsel documents
• Diagnoses client needs and facilitates the cross sell of various Bank services to borrowers.
• Performs tasks as directed by senior members of the Asset Based Lending department.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education

BA or BS

Minimum Years Experience

7

Special Skills

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent customer service skills
• Excellent organizational, analytical and interpersonal skills
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level
• Experience in commercial banking and two or more years credit analysis or loan review experience. Knowledge of or exposure to Asset Based Lending.

Special Licenses and Certificates

N/A

Physical Requirements

N/A

Equal Employment Opportunity (EEO)

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.