Portfolio Manager II

First Horizon Bank

Orlando (FL)

On-site

USD 110,000 - 170,000

Full time

10 days ago

Get more replies from employers

Send a job-specific resume in minutes.

Benefits offered by this job

Medical & wellness

Dental & vision

HSA with match

Maternity leave

Tuition reimbursement

Mentor program

401(k) with match

Job summary

First Horizon Bank is seeking a Portfolio Manager to assist in risk assessment and management of the loan portfolio. You will provide analytical and credit oversight, handle annual reviews, renewals, loan covenant compliance reviews and the financial collection process, and work with Relationship Managers to grow a high quality and profitable loan portfolio.

The ideal candidate has strong financial analysis skills, experience in underwriting and monitoring credits, and the ability to coordinate

Qualifications

Bachelor (4-year college) degree or equivalent with substantial experience.

Responsibilities

Evaluates risk to determine risk rating and acceptability of credit.
Partners with Relationship Managers to meet current and prospective clients and gather data for underwriting.
Analyze cash flow and financial indicators to assess profitability and repayment ability.
Prepare financial spreads, credit presentations, and loan pricing models for approvals.
Assist in pricing and structuring new loans and renewals.
Coordinate closing and booking events and monitor industry trends for risk.
Ensure loan covenant compliance and annual reviews are completed on time.

Skills

Credit risk analysis

Financial modeling

Underwriting

Portfolio management

Client relationship management

Regulatory compliance

Education

Bachelor's degree

Job description

JOB DESCRIPTION

The Portfolio Manager assists in the assessment of risk and management of the Bank’s loan portfolio by providing analytical and credit oversight and is responsible for the annual review, renewal, loan covenant compliance reviews and financial collection process within assigned loan portfolio. Partners with Relationship Managers to grow and develop a high quality and profitable loan portfolio.

Summary

Key Responsibilities Include

Evaluates pertinent information to determine risk rating and whether a prospect and/or existing credit is an acceptable risk; identifies credit risk trends at the customer and portfolio level; notifies manager of risk changes.
Partners with Relationship Managers to:
Meet with current and prospective clients to understand the specific customer requirements and needs.
Collect appropriate financial data and information to ensure an accurate risk assessment and thorough underwriting.
Answer client questions; ensure all data is accurate for loan underwriting.
Analyses global cash flow for commercial and individual prospects, borrowers and guarantors to identify financial condition, profitability, repayment ability, operating trends, financial support of credit and other various financial indicators.
Prepares all required financial spreads, Credit Presentation Sheets, Narrative, Relationship Summary, and Loan Pricing Model and prepares packages for approval on all new and existing credits.
Assist in the pricing and structure of new loans and renewals.
Coordinates closing and booking events.
Monitors industry trends and analyze specific industry trend data to identify potential areas of risk.
Ensures a 120 day renewal letter is sent to the customer identifying the key financial information needed in advance to process the renewal request; completes loan covenant compliance and annual loan reviews and review findings.
Completes, passes and maintains an up to date status for all positional and company required compliance and regulatory courses by assigned due date(s).
Performs all other duties as assigned

Qualifications Include

Bachelor (4-year college) degree at least 10 years of experience or equivalent combination of education and experience

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com .

Benefit Highlights

Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursement
Mentor program
401(k) with 6% match
More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits