Portfolio Manager (Full Time) - Sterling Plaza

Prosperity Bank; Dallas (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

Prosperity Bank is seeking a Credit Analyst to underwrite, monitor, and manage Commercial Banking relationships in Dallas. You will analyze financial data for loan merits, track client performance, and support portfolio organization within the bank's credit policy and regulatory framework.

The role involves assisting with due diligence, coordinating loan closings, and supporting relationship managers in business development while maintaining confidentiality and delivering accurate financial

Qualifications

• Bachelor's degree in business or related field.
• 2-3 years of banking experience, primarily credit analysis/underwriting.
• Proficient with Microsoft Word, Excel, PowerPoint and financial spreading software.

Responsibilities

• Assist with due diligence/analysis of new client relationships and opportunity memos.
• Manage the renewal process with Relationship Manager, client, and credit department.
• Assist in preparing loan packages and participate in loan approval process.
• Manage approvals and closings of modifications/amendments/waivers to existing credit agreements.
• Coordinate loan closing process for new and existing loans with outside counsel and internal teams.
• Support business development calling efforts with Relationship Manager.
• Track exceptions, financial reporting and covenant compliance to maintain the loan portfolio.
• Oversee small loan/deposit portfolios and ensure adherence to credit policy and regulatory guidelines.
• Perform annual loan reviews and liaise with Credit Department and other internal partners.
• Monitor loan repayments and act on past due accounts.

Skills

Microsoft Word

Excel

PowerPoint

financial spreading software

Education

Bachelor's degree (business concentration preferred)

Tools

Microsoft Word

Excel

PowerPoint

financial spreading software

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

POSITION PURPOSE

Responsible for credit underwriting, monitoring, and portfolio management of Commercial Banking relationships to ensure strong credit quality and achieve efficient internal processes to retain and expand client relationships.

Primary performance responsibilities include analyzing financial data to determine the merits of loan requests, monitoring the performance of existing client relationships, and assist in the management and organization of the loan portfolio.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

• Assist with due diligence/analysis of new client relationships and opportunity memos as appropriate.
• Manage the renewal process by working with the Relationship Manager, the client, & the credit department.
• Assist in the preparation of loan packages, make presentations, and participate in the bank’s loan approval process.
• Manage the process for approving and closing modifications/amendments/waivers to existing credit agreements.
• Assist Relationship Manager in coordinating the loan closing process for new and existing loan relationships (i.e. working with both outside counsel and internal document preparation groups, reviewing loan documents, closing loans with clients).
• Assist and joins Relationship Manager in business development calling efforts.
• Perform other administrative duties required for the maintenance the loan portfolio (i.e. exception tracking, financial reporting and covenant compliance).
• Manage and oversee small loan/deposit portfolios.
• Ensure the portfolio administration and risk management of each client relationship follows the established credit policy, procedure, and business strategy as well as regulatory guidelines.
• Perform annual loan reviews as needed.
• Partner with the Relationship Manager as a point of a contact for existing and prospective clients; acting as a liaison to the Credit Department, the Commercial support staff and other internal business partners.
• Monitor loan repayment activities and financial condition of borrowing clients and take necessary action to collect past due accounts.
• Agreeable to work overtime as needed based on work assigned in order to meet deadlines provided.
• Participates in community and business functions/groups to ensure a positive image for the bank within the region’s marketplace.
• Perform other duties and special projects as needed.

QUALIFICATIONS

Education/Certification: Bachelor’s degree (business concentration preferred)

Required Knowledge: Proficient with Microsoft Word, Excel, Power Point as well as some form of financial spreading software

Experience Required: Has 2-3 years of banking experience, primarily related to credit analysis/underwriting

Skills/Abilities: Demonstrates strong written and analytical skills

Has strong understanding of credit policy and procedures and is able to accurately evaluate both cash-flow and collateral-based credits

Ability to make appropriate judgments and decisions with limited guidance

Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.

Excellent planning and organizational skills, including the ability to work independently on projects of high complexity with minimal supervision

Strong public speaking and presentation skills

Excellent written and verbal communications skills

Ability to maintain confidentiality and instill trust within the organization

Proficient in Microsoft Word, Excel, and PowerPoint a bility to multitask is essential

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Talking: Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Average Hearing: A ble to hear average or normal conversations and receive ordinary information.

Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Visual Abilities: Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Physical Strength: Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)

WORKING CONDITIONS

None: No hazardous or significantly unpleasant conditions (such as in a typical office).

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to apply logical or scientific thinking to define problems, collect data establish facts and draw conclusions.

Able to interpret a variety of technical instructions and can deal with multiple variables.

Mathematics Ability: Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage.

Able to perform very simple algebra.

Language Ability: Ability to read periodicals, journals, manuals, dictionaries, thesauruses, and encyclopedias.

Prosperity Bank is an Equal Opportunity Employer.

Hours: Monday - Friday: Minimum 40 hours
40 hours per week.