Portfolio Manager Associate - Corporate and Specialty Banking

Huntington National Bank; Chicago (IL); Hybrid; USD 63,000 - 124,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life & disability insurance

Retirement savings plan

Paid time off

Paid holidays

Job summary

Huntington National Bank in Chicago seeks an Associate - Corporate, Specialty and Government Banking PM - Licensed to support the CSG Credit Products team with portfolio management and underwriting activities. The role builds on an Analyst foundation in cash flow analysis, capitalization, and credit policy, and collaborates with internal partners for concise analysis.

The position serves as a developmental path toward Portfolio Management or related Commercial roles within the Bank, with

Qualifications

• Bachelor's degree in Finance, Accounting, or related field.
• FINRA Series 63 and 79 licenses or must pass SIE, Series 63/79 within 4 months of hire.
• 2–4 years of underwriting or commercial banking experience.

Responsibilities

• Gather and analyze financial information to determine creditworthiness for loans and credit products.
• Prepare financial spreads, risk ratings, and performance tearsheets for portfolio monitoring.
• Underwrite complex commercial loans per Huntington credit policies with financial statement and collateral analysis.

Skills

Financial analysis

Underwriting experience

Industry research

Education

Finance or Accounting degree

Tools

Microsoft Excel

Job description

Summary

The Associate - Corporate, Specialty and Government Banking PM - Licensed supports the CSG Credit Products team and ongoing portfolio management and underwriting activities. In this role, the associate will build upon the foundation set as an Analyst in areas such as cash flow analysis and modeling, capitalization, industry research, credit policy and legal documentation, among others, in analyzing and summarizing the creditworthiness of clients and prospects. The Associate will also frequently collaborate with internal partners including Relationship Management, Credit Administration, Capital Markets, and other product partners in creating such analysis. The Associate position is a developmental role for colleagues seeking a career in Portfolio Management; but may also be constructive for a colleague seeking a path to Relationship Management, Credit, Capital Markets, or many other Commercial roles within the Bank.

Description

The Associate - Corporate, Specialty and Government Banking PM - Licensed supports the CSG Credit Products team and ongoing portfolio management and underwriting activities. In this role, the associate will build upon the foundation set as an Analyst in areas such as cash flow analysis and modeling, capitalization, industry research, credit policy and legal documentation, among others, in analyzing and summarizing the creditworthiness of clients and prospects. The Associate will also frequently collaborate with internal partners including Relationship Management, Credit Administration, Capital Markets, and other product partners in creating such analysis. The Associate position is a developmental role for colleagues seeking a career in Portfolio Management; but may also be constructive for a colleague seeking a path to Relationship Management, Credit, Capital Markets, or many other Commercial roles within the Bank.

Duties & Responsibilities

• Gather and analyze financial and business information to determine creditworthiness for loan and credit products.
• Complete financial spreads, risk rating, performance tearsheets, compliance testing, and other portfolio monitoring & maintenance activities
• Underwrite complex commercial loans in accordance with Huntington credit policies. This may include financial statement analysis, collateral analysis, financial modeling, industry and business risk evaluation and management assessment.
• Conduct industry and market research using numerous resources available; distilling key themes and conclusions into concise summary form for presentation purposes.
• A more experienced Associate may be assigned direct portfolio management coverage responsibilities, typically with the oversight of a Director level PM.
• Assist with training and/or mentoring Analyst level colleagues.
• Performs other duties as assigned.

Basic Qualifications

• Bachelor's Degree required (Finance, Accounting, or related field)
• FINRA Series 63 and 79 licenses, or must take and pass the Securities Industry Essentials (SIE) exam, Series 63 and 79 exams to obtain series 63 and 79 licenses within 4 months of hire.
• 2 – 4 years of experience in an underwriting or commercial banking environment.

Preferred Qualifications

• Proficiency in Microsoft Office suite (particularly Microsoft Excel)

Exempt Status

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Workplace Type

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Compensation Range

$63,000 - $124,000 Annually

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.