Portfolio Manager III

Flagstar Bank, N.A.; Sacramento (CA); Remote; USD 99,000 - 133,000; Full time

Job summary

An established industry player is seeking a Portfolio Manager III to lead the underwriting and analysis of commercial loan requests. This role demands a detail-oriented individual who excels in a team environment and possesses advanced credit analysis skills. You will be responsible for managing client relationships and mentoring junior team members while ensuring the credit quality of a diverse loan portfolio. Join a forward-thinking organization where your expertise will drive impactful financial decisions and foster strong client partnerships.

Qualifications

• 8-12 years of experience in credit analysis or loan review.
• Mentor and develop junior team members.

Responsibilities

• Underwrite, analyze, and close complex commercial loans.
• Monitor credit quality and manage delinquencies in the portfolio.

Skills

Credit Analysis

Financial Statement Analysis

Interpersonal Skills

Communication Skills

Team Collaboration

Autonomous Work

Education

Bachelor's Degree in Business

Bachelor's Degree in Finance

Tools

nCino

Credit Lens

AFS

Job description

Position Title
Portfolio Manager III

Location
Work From Home CA, CA 94203

Job Summary
A Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be
responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers
work in a team environment as a key player within the relationship deal team. Primary responsibilities include underwriting, monitoring and maintaining the credit quality of a loan portfolio as well as managing the loan closing process. Portfolio Managers maintain strong working relationships, variant on experience level, with the clients, deal team, credit team and other internal partners.

Pay Range: $99,732 -$132,144 - $164,557

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Underwrite, Analyze and Close Loans: Working with the relationship manager, take a lead role in the structuring, underwriting and analysis of commercial loan requests. Prepare credit approval packages, present recommendations to the credit team/senior management, and close complex commercial loans.
• Portfolio Management: Responsible for monitoring the credit quality of the assigned portfolio by periodically evaluating financial trends, covenant compliance and borrowing bases, including the preparation of annual (or more frequent) reviews. In addition, responsible for managing delinquencies and collateral exceptions.
• Relationship Management: Highly visible role in managing the client relationship along with the deal team.
• Training: Mentor, train and develop junior team members.
• Maintaining Knowledge: Knowledgeable about the various commercial products available to clients as well as general market/industry trends.
• Must possess highly advanced credit analysis skills (prefer a candidate with formal credit training)
• Demonstrated knowledge of financial statement analysis
• Excellent interpersonal and verbal and written communication skills
• Excels in a team environment
• Ability to effectively interact with all levels of leadership and employees within the organization
• Ability to work autonomously, handle multiple projects simultaneously and adapt to new demands and challenges
• Familiarity with nCino, Credit Lens, AFS is a plus
• Credit Analysis or Loan Review experience, preferably in the banking industry

Required Qualification:

• Bachelors Degree: Business, Finance or related field
• 8-12 years of experience
• Handles transactions/relationships/portfolio with high level of complexity
• Experience working with less experienced team members to mentor and develop them, sharing expertise and insights

Flagstar is an Equal Opportunity Employer.