Portfolio Manager II

First Horizon Bank; Raleigh (NC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, vision

HSA with company match

Maternity and parental leave

Tuition reimbursement

401(k) with 6% match

Job summary

First Horizon Bank is seeking a Portfolio Manager to support risk assessment and management of the loan portfolio. You will perform annual reviews, renewals, covenant reviews and collections, while partnering with Relationship Managers to grow a high-quality, profitable portfolio.

The role involves leading analysis, underwriting, origination and ongoing portfolio management across commercial and CRE borrowers, with strong emphasis on risk grading and cross-sell opportunities.

Qualifications

• Minimum 3 to 5 years of commercial underwriting and portfolio management experience.
• Bachelor's degree or equivalent work experience required.
• Ability to read/interpret financial reports and legal documents; perform calculations.
• Strong communication skills with executives, management and partners.
• Proficient in Word, Outlook, PowerPoint and Excel.

Responsibilities

• Lead analysis, underwriting, origination and portfolio management of loans.
• Apply loan structuring, risk identification and risk mitigation skills.
• Understand credit appetite and risk grading methodologies.
• Manage relationships with C&I and CRE borrowers and partners.
• Coordinate with Relationship Managers to identify client needs and cross-sell.
• Oversee post-approval due diligence and loan documentation.
• Mentor junior team members and provide guidance.

Skills

Financial analysis

Underwriting

Portfolio management

Communication

Excel proficiency

Credit risk assessment

Relationship management

Education

Bachelor's degree

Tools

Word

Outlook

PowerPoint

Excel

Job description

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, Education And 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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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.