Portfolio Manager II

First-Financial-Bankshares; Fort Worth (TX); On-site; USD 120,000 - 190,000; Full time

Job summary

First-Financial-Bankshares, based in Fort Worth, TX, seeks an experienced leader to manage credit underwriting and ongoing risk for higher exposure loan relationships. You will collaborate with Commercial Lending, Credit Administration, and Loan Review teams to maintain high quality credit and oversee risk management across the bank's loan portfolio.

The role emphasizes structuring, closing, monitoring, and workout activities to minimize losses and maintain oversight.

Qualifications

• Bachelor's degree in accounting, finance, or business administration.
• Formally credit trained and demonstrated experience in credit decisions and analysis.

Responsibilities

• Work directly with Commercial Lenders on credits requiring advanced expertise and monitoring.
• Review Loan Agreements to ensure all necessary Financial Covenants and Reporting Requirements are defined.
• Prepare and deliver loan memos and approval memos for higher exposure relationships.
• Coordinate with Credit Administrators and Chief Credit Officer to oversee portfolio quality and risk management.

Skills

Credit underwriting

Risk analysis

Financial analysis

Loan structuring

Portfolio management

Credit policy

Communication

Education

Bachelor's degree in accounting, finance, or business administration

Tools

Jack Henry

Microsoft Excel

Job description

AddressWe’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.Job Description:Office Location:Fort Worth, Texas, United StatesSCOPE/CONTACTS:The primary function of the position is working with the SVP of Portfolio Management and the EVP of Commercial Banking on credit underwriting and post-closing/ongoing risk management of higher exposure loan relationships within the organization. Additional functions include collaboration with the Corporate Lending, Credit Administration, Credit Analysis, and Loan Review teams to maintain high quality credit and risk management for the Bank’s Loan Portfolio. The primary function is the origination support and ongoing risk management of higher exposure loan relationships to reduce the likelihood of significant losses due to defaults. Preferred experience includes loan structuring, closing, monitoring, and workout to ensure the loan portfolio is maintained with the highest level of oversight. The position would also partner with the Chief Credit Officer and Credit Administrators to build future middle market lenders within the organization.ESSENTIAL FUNCTIONS:Portfolio ManagementWork directly with Commercial Lenders in every Bank market on certain credits requiring advanced expertise and monitoringWork closely with Credit Administrators and Chief Credit Officer to ensure oversight and portfolio maintenance adheres with Bank credit policy and risk appetiteFinancial Reporting and Financial Covenant monitoring/tracking of certain credits as assignedCalculate Financial Covenant ratios within the parameters of Loan Agreements and reconcile discrepancies between the Bank and borrowersObtain financial information from clients within parameters of Loan AgreementsAnalyze financials on existing relationships and prepare updated loan file memos and approval memosReview Closing Documents to ensure alignment with approved terms by loan committeeReview Loan Agreements to ensure all necessary Financial Covenants, Reporting Requirements, and other requirements are clearly and correctly definedWork with Lenders to correct any discrepancies/inconsistencies between approved terms and Loan AgreementsDirect the monthly Annual Review process to ensure timely completion of higher exposure loan relationships within the organizationGenerate financial ratios, using computer programs, to evaluate customers’ financial statusPresent analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repayKeep up to date with company’s lending protocolsOther TasksManage Borrowing Base monitoring. Review monthly borrowing bases and instruct Loan Operations to cap availability in Jack HenryDirect Problem Loan Reports process quarterly and coordinate on classified loans over $750MPrepare and deliver informational presentations to Lenders and Senior ManagementCreate legal documentation due to an Event of DefaultAssist with any audits/risk reviews, including coordinate responses, monitor action steps for remediation, etc.Develop and maintain a positive rapport with the Credit/Risk Management Team and adhere to policy standards within the loan portfolioAssist the team during vacations/absences as necessaryProvide sales & customer service support as necessary, be available for joint calling efforts with the team and Senior ManagementCommunicate with customers on behalf of the BankMINIMUM QUALIFICATIONS:Bachelor’s degree in accounting, finance, or business administration with a minimum level of accounting backgroundFormally credit trained and demonstrated experience and judgment with credit decisions and analysisMinimum ten years’ experience working with limited supervisionDemonstrated experience, knowledge and judgment with structure, credit decisions, and analysisAble to grasp and understand C&I, C&D, and CRE concepts and structuresAble to prepare comprehensive, cohesive, detailed written analysis and narrativeDemonstrated above average written and oral communication skillsFamiliar with PCs and PC software, specifically Microsoft applications (Excel, PowerPoint, Word, etc.)The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)