Portfolio Manager II

First-Horizon-Bank; Raleigh (NC); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Medical insurance

401(k) with match

Tuition reimbursement

Maternity and parental leave

Job summary

First Horizon Bank is seeking a Portfolio Manager to assist in risk assessment and loan portfolio management. You will lead analytical reviews, underwriting, and the annual renewal process while partnering with Relationship Managers to grow a high quality loan portfolio.

You will work with CRE and C&I borrowers, manage due diligence, and guide junior team members in origination and servicing tasks. Strong Excel and communication skills are essential.

Qualifications

• Ability to read, analyze and interpret financial reports and legal documents; performs simple to complex calculations.
• Excellent written and verbal communication with senior executives and staff.
• Accurate typing, spelling and grammar skills.
• Strong computer skills with Word, Outlook, PowerPoint, and Excel.

Responsibilities

• Lead analysis, underwriting, origination, and portfolio management of loans in a growing commercial and corporate portfolio.
• Apply loan structuring, risk identification, and risk mitigation skills.
• Understand and apply the Bank's risk grading methodology and credit appetite.
• Manage complex relationships with C&I and CRE borrowers.
• Collaborate with Relationship Managers to develop lending proposals and cross-sell opportunities.
• Oversee post-approval due diligence and loan documentation preparation.
• Build and maintain a portfolio mix of high value, high potential clients, ensuring credit quality and servicing.
• Mentor junior team members and delegate origination and servicing tasks.

Skills

Financial analysis

Communication skills

Organizational skills

Typing accuracy

Excel proficiency

MS Office proficiency

Education

Bachelor's degree

Tools

Word

PowerPoint

Outlook

Job description

Location: On site in location Raleigh, NC

Summary

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.

Daily responsibilities include:

• Leading the analysis, underwriting, origination, and portfolio management of loans in a growing commercial and corporate portfolio.
• Utilizing loan structuring, risk identification, and risk mitigation skills
• Understanding and application of the Bank’s risk grading methodology and credit appetite
• Managing complex relationships and ability to understand both C&I and income-producing real estate (CRE) borrowers.
• Partnering with Relationship Managers to call on current or potential clients; understands and identifies needs for commercial products and services; develops lending proposals; identifies cross-sell opportunities.
• Oversight of post-approval due diligence requirements and commercial loan documentation preparation.
• Building and maintaining a portfolio mix of targeted high value and high potential clients, ensuring credit quality and portfolio servicing are maintained in an acceptable manner.
• Partnering with junior members of the commercial team to delegate tasks related to the origination and servicing of the loan portfolio.
• Providing feedback and guidance in order to develop the skills of these teammates.

Required experience, educationand skills:

• Minimum 3 to 5 years of commercial underwriting and portfolio management experience
• Bachelor's degree (or equivalent in work experience) required.
• Ability to read, analyze and interpret financial reports and legal documents; performs simple to complex calculations; effectively researches, analyzes and evaluates information to make decisions, solve problems and achieve goals
• Ability to read and listen, understand and communicate information and ideas in a clear and understandable manner, both orally and in writing with senior executives, business unit management and staff, state and federal regulators and officials and significant business partners
• Accurate typing, spelling and grammar skills.
• Strong computer skills required with the following programs: Word, Outlook, PowerPoint, and highly proficient skills with Excel.
• Strong written and oral communication skills.
• Strong organizational and customer service skills.

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

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