Portfolio Manager I - REG

UMB Financial Corporation; Denver (CO); On-site; USD 68,000 - 100,000; Full time

Benefits offered by this job

Paid Time Off

401(k) matching program

Annual incentive pay

Medical, dental, vision insurance

Job summary

UMB Financial Corporation is seeking a Portfolio Manager I to assist Real Estate Group lenders and portfolio managers with credit analysis, covenant monitoring, and annual reviews for non-owner occupied CRE loans $1,000,000+.

You will partner with Lenders to administer a range of REG banking relationships, prepare loan proposals, analyze collateral across asset classes, and support documentation and reporting.

Qualifications

• Bachelor’s degree in Business, Accounting, Finance, CRE or related fields
• 1+ years banking or equivalent regulatory/bank policy experience including credit analysis
• Current valid driver’s license
• Demonstrates strong analytical skills
• Demonstrates strong communication skills (verbal & written)
• Demonstrates understanding of credit underwriting and loan contracts
• Proficiency in Word, Excel, PowerPoint
• Familiarity with commercial lending software

Responsibilities

• Partner with REG Lenders and Portfolio Managers to manage REG banking relationships
• Perform credit analysis, covenant monitoring and annual reviews for client relationships
• Prepare loan proposals with collateral analysis and pricing/risk rating models
• Monitor covenant compliance in Capital Stream and Optimist
• Track documentation exceptions, past dues and covenant exceptions
• Analyze borrower/property/guarantor financial performance and trends
• Provide recurring customer service and support loan officers in joint calls or direct client contact
• File reports and resolve related issues promptly

Skills

Analytical skills

Communication skills

Credit underwriting

Self-starter / initiative

Credit reports & financial statements

Education

Bachelor’s degree in Business/Accounting/Finance/CRE

Tools

Word

Excel

PowerPoint

Commercial lending software

Job description

The Portfolio Manager I is responsible for assisting Real Estate Group (REG) Lenders in the analysis of new REG loan opportunities and Portfolio Managers (Levels 2 & Sr) in various REG portfolio management activities. Real Estate Group (REG) loans generally consist of non-owner occupied CRE loans $1,000,000 and greater.

How you will spend your time:

• Partner with REG Lenders and Portfolio Managers 2/3 to effectively administer the management of a variety of REG banking relationships.
• Perform credit analysis, covenant monitoring and annual review duties for prospective/existing client relationships, which may include but are not limited to the following: perform detailed credit analysis to determine borrower/guarantor repayment capacity,, provide detailed industry and market analysis, and complete credit packages for credit committee approval.
• Assistance in the preparation of loan proposals, which will include collateral analysis on multiple asset classes and preparation of pricing and risk rating models suitable for each credit request.
• Assist in the monitoring/documentation of covenant compliance in Capital Stream and Optimist.
• Work within protocols and maintain tracking of documentation exceptions, past dues, and covenant exceptions.
• Recognize and elevate warning signs for any customer/loan on a timely basis, which may include but are not limited to the following: analyze borrower/property/guarantor financial performance upon receipt of reporting requirements, either monthly, quarterly, semi-annually or annually.
• Fully analyze and confirm financial and tested covenant compliance, analyze performance trends against internal and industry standards; and perform annual reviews as scheduled.
• Provide recurring customer service to existing and prospective clients, which may include direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times.
• File all required reports, and resolve all related issues in a timely and efficient manner.

Qualifications and experience:

• We are excited to talk with you if: Bachelor’s degree in Business, Accounting, Finance, CRE or related fields
• 1+ years banking or equivalent regulatory/bank policy experience including credit analysis
• Current valid driver’s license
• Demonstrates strong analytical skills
• Demonstrates strong communication skills (verbal & written)
• Demonstrates strong level of understanding of credit underwriting
• Demonstrates ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
• Demonstrates knowledge of bank products, services, and bank operations
• Demonstrates ability to be self-starter and show initiative
• Demonstrates proficiency in Word, Excel, PowerPoint
• Demonstrates familiarity with commercial lending software
• Bonus Points if you have: 3 years banking or equivalent regulatory/bank policy experience (including 1+ years of specific commercial real estate underwriting experience
• Ability to prospect and network at various levels within a company

Compensation

Compensation Range: $67,869 - $99,836 The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

Benefits

• Paid Time Off
• a 401(k) matching program
• annual incentive pay
• paid holidays
• a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• health savings, flexible spending, and dependent care accounts
• adoption assistance
• an employee assistance program
• fitness reimbursement
• tuition reimbursement
• an associate wellbeing program
• an associate emergency fund
• and various associate banking benefits

Benefit offerings and eligibility requirements vary.

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