Portfolio Manager I

Flagstar Bank, N.A.; Sacramento (CA); Remote; USD 73,000 - 118,000; Full time

Job summary

An established industry player is seeking a Portfolio Manager I to join their dynamic team. This role involves conducting in-depth analysis of commercial loan requests and making informed recommendations. The ideal candidate will excel in underwriting, monitoring credit quality, and managing client relationships. You will play a vital role in a collaborative environment, mentoring junior team members while staying updated on market trends. If you are analytical, organized, and possess strong communication skills, this opportunity offers a chance to make a significant impact in the banking sector.

Qualifications

• 3-5 years of experience in credit analysis or loan review.
• Ability to manage multiple projects and adapt to challenges.

Responsibilities

• Underwrite and analyze commercial loan requests with the relationship manager.
• Monitor credit quality and manage delinquencies in the loan portfolio.

Skills

Credit Analysis

Financial Statement Analysis

Interpersonal Skills

Communication Skills

Team Collaboration

Project Management

Education

Bachelor's degree in Business

Bachelor's degree in Finance

Tools

nCino

Credit Lens

AFS

Job description

Position Title

Portfolio Manager I

Location

Work From Home CA, CA 94203

Job Summary

A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as key players within the relationship deal team. Primary responsibilities include underwriting, monitoring, and maintaining the credit quality of a loan portfolio, as well as managing the loan closing process. Portfolio Managers maintain strong working relationships with clients, the deal team, credit team, and other internal partners, varying based on experience level.

Pay Range

$73,626 - $95,714 - $117,801

Job Responsibilities

1. Underwrite, Analyze and Close Loans: Working with the relationship manager, take a lead role in structuring, underwriting, and analyzing commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans.
2. Portfolio Management: Monitor the credit quality of the assigned portfolio by evaluating financial trends, covenant compliance, and borrowing bases, including preparing periodic reviews. Manage delinquencies and collateral exceptions.
3. Relationship Management: Manage client relationships actively along with the deal team.
4. Training: Mentor, train, and develop junior team members.
5. Maintaining Knowledge: Stay knowledgeable about various commercial products and general market/industry trends.

Required Qualifications

• Bachelor's degree in Business, Finance, or a related field
• 3-5 years of experience, with flexibility based on demonstrated ability or management evaluation
• Experience handling transactions, relationships, or portfolios with low complexity
• Highly advanced credit analysis skills, preferably with formal credit training
• Knowledge of financial statement analysis
• Excellent interpersonal, verbal, and written communication skills
• Ability to work effectively in a team environment and interact with all organizational levels
• Ability to work independently, manage multiple projects, and adapt to new challenges
• Familiarity with nCino, Credit Lens, AFS is a plus
• Experience in Credit Analysis or Loan Review, preferably in banking

Flagstar is an Equal Opportunity Employer.