Portfolio Manager - Middle Markets C+I

IDB Bank; Miami (FL); On-site; USD 110,000 - 145,000; Full time

Job summary

IDB Bank in the United States is seeking a Portfolio Manager (PM) to oversee independent credit risk management and disciplined execution across the credit portfolio. This role partners with Relationship Managers and credit stakeholders to ensure portfolio quality, policy adherence, and proactive identification and management of credit risk.

The PM will lead reviews, renewals, and modifications, applying risk-based criteria and performing underwrites with cash flow modeling and covenant

Qualifications

• Strong credit judgment and risk acumen, with the ability to proactively identify emerging risk.
• Demonstrated portfolio-level thinking and credit risk management discipline
• Proven end-to-end ownership and execution discipline across reviews, renewals, and modifications
• Advanced credit underwriting and financial analysis skills, including cash flow modeling and covenant analysis
• Effective stakeholder and borrower engagement skills with the ability to communicate complex credit concepts clearly

Responsibilities

• Quarterback credit reviews by managing stakeholders to meet policy, governance, and timing requirements
• Apply risk-based criteria to qualify accounts, determine appropriate review scope, and assess eligibility for fast-track processes
• Perform credit underwriting and analysis, including cash flow analysis, collateral assessment, covenant testing, and evaluation of borrower performance trends
• Engage with borrowers as needed to understand business performance, risk drivers, and potential credit deterioration
• Lead the renewal process, ensuring timely execution through proactive portfolio and pipeline planning with line-of-business leadership
• Develop proposed renewal structures, including pricing and term sheets, and perform detailed financial analysis and amortization modeling
• Prepare clear and comprehensive credit memoranda to support renewals, modifications, and approval decisions
• Assess and underwrite credit modifications by evaluating materiality, credit impact, and appropriate risk mitigation
• Monitor ongoing credit performance by testing covenant compliance, maintaining and updating borrower risk ratings, and resolving exceptions
• Analyze borrowing base and collateral reporting to assess implications for credit exposure and overall risk profile
• Provide credit inputs and support for internal and external audits, examinations, and governance reviews

Skills

Strong credit judgment

Portfolio-level thinking

End-to-end ownership

Underwriting and financial analysis

Stakeholder engagement

Job description

Portfolio Manager (PM)

Role Summary

The Portfolio Manager (PM) is responsible for independent credit risk management and disciplined execution across the credit portfolio. This role oversees reviews, renewals, modifications, and ongoing portfolio monitoring, partnering closely with Relationship Managers and credit stakeholders to ensure portfolio quality, policy adherence, and proactive identification and management of credit risk.

Key Responsibilities

• Quarterback credit reviews by managing stakeholders to meet policy, governance, and timing requirements
• Apply risk-based criteria to qualify accounts, determine appropriate review scope, and assess eligibility for fast-track processes
• Perform credit underwriting and analysis, including cash flow analysis, collateral assessment, covenant testing, and evaluation of borrower performance trends
• Engage with borrowers as needed to understand business performance, risk drivers, and potential credit deterioration
• Lead the renewal process, ensuring timely execution through proactive portfolio and pipeline planning with line-of-business leadership
• Develop proposed renewal structures, including pricing and term sheets, and perform detailed financial analysis and amortization modeling
• Prepare clear and comprehensive credit memoranda to support renewals, modifications, and approval decisions
• Assess and underwrite credit modifications by evaluating materiality, credit impact, and appropriate risk mitigation
• Monitor ongoing credit performance by testing covenant compliance, maintaining and updating borrower risk ratings, and resolving exceptions
• Analyze borrowing base and collateral reporting to assess implications for credit exposure and overall risk profile
• Provide credit inputs and support for internal and external audits, examinations, and governance reviews

Qualifications Required

• Strong credit judgment and risk acumen, with the ability to proactively identify emerging risk
• Demonstrated portfolio-level thinking and credit risk management discipline
• Proven end-to-end ownership and execution discipline across reviews, renewals, and modifications
• Advanced credit underwriting and financial analysis skills, including cash flow modeling and covenant analysis
• Effective stakeholder and borrower engagement skills with the ability to communicate complex credit concepts clearly

Compensation

The expected annual salary for this position is between $110,000 and $145,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.

• annual bonus
• medical
• pharmacy
• dental
• vision plans
• life and disability insurance
• employee wellness program
• retirement and savings plans with employer contributions
• generous holiday and paid time off schedules
• parental leave
• tuition reimbursement

Additional Information

The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank: Those with a known mental or physical disability. Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions. Victims of domestic violence, sex offenses or stalking. Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer. The Bank retains the ultimate discretion to choose the appropriate reasonable accommodation. Upon reaching a final determination at the conclusion of the cooperative dialogue, the Bank will provide the requesting individual with a written final determination identifying any accommodation granted or denied. In addition, the Bank will maintain any information regarding the employee’s request and status in the strictest confidence, except as requested by the employee, as required on a need-to-know basis or as otherwise required by law.

All your information will be kept confidential according to EEO guidelines.

We are operating on a Hybrid schedule.

IDB BANK, INCLUDING ITS SUBSIDIARIES AND DIVISIONS, PROVIDES EQUAL EMPLOYMENT OPPORTUNITIES TO ALL EMPLOYEES AND APPLICANTS FOR EMPLOYMENT WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, AGE, DISABILITY, GENETIC STATUS, CITIZENSHIP STATUS, MARITAL STATUS, MILITARY OR VETERAN STATUS, CURRENT UNEMPLOYMENT OR ANY OTHER LEGALLY PROTECTED CATEGORY IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE AND LOCAL LAW. NOTHING IN THIS SITE CONSTITUTES A PROMISE OR OFFER OF EMPLOYMENT.