Senior Portfolio Manager

Fifth Third Bank; Boston (MA); On-site; USD 97,000 - 208,000; Full time

Job summary

Fifth Third Bank seeks a Senior Portfolio Manager to lead credit analysis, risk ratings, and portfolio monitoring across client relationships. You will partner with Relationship Managers and Credit Risk through the deal lifecycle, including structuring, pricing, and due diligence, while upholding policy and regulatory requirements.

You will present risk insights to senior partners, oversee complex portfolios, and mentor junior analysts as part of a broader risk governance framework within a

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• 8+ years of experience in commercial banking, portfolio management, underwriting or related.
• Subject matter expert level understanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation.
• Strong risk judgment with demonstrated ability to manage complex or higher‑risk portfolios.
• Experience guiding, coaching, or reviewing junior staff work is preferred but not required.
• Excellent interpersonal and communication skills with the ability to collaborate with risk partners.
• Ability to manage multiple priorities, complex transactions and initiatives while meeting deadlines.

Responsibilities

• Maintain an independent, current and forward-looking view of client creditworthiness.
• Perform ongoing monitoring and deal reviews; approve or recommend renewal or exit decisions.
• Analyze historical financials and projections for risk ratings and trends.
• Manage underwriting, approval and documentation for transactions and ancillary products.
• Review and recommend credit decisions and escalate higher-risk requests.
• Ensure compliance with internal policies and regulatory guidelines.
• Manage a larger, more complex portfolio and high-touch relationships.
• Collaborate with Relationship Managers and Credit Risk on portfolio matters.
• Lead diligence discussions with prospects and clients as needed.
• Provide guidance on deal structures, pricing and risk mitigation.
• Create portfolio performance reports and risk insights for senior management.
• Ensure accuracy of system records and data governance.
• Participate in senior-level meetings; discuss portfolio themes and risk trends.
• Lead or participate in projects to enhance portfolio management practices.
• Review junior staff work and provide coaching and feedback.

Skills

Strong risk judgment

Interpersonal communication

Multi-tasking

Mentoring juniors

Education

Bachelor’s degree in Finance, Business Administration, or a related field

8+ years of experience in commercial banking, portfolio management, underwriting or related

Job description

Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

The Senior Portfolio Manager manages a portfolio through comprehensive financialanalysis,forward-lookingrisk assessment, and proactive monitoring of borrower performance. The role includes regular client interaction, ownership of portfolio risk outcomes, and accountability for adherence to credit policy and regulatory guidelines, with a focus on early identification of emerging credit issues andportfolio levelrisks.As a senior member of the coverage team, the Senior Portfolio Manager partners closely with Relationship Managers and Credit Risk throughout the deal lifecycle,includingcredit structuring, pricing, risk ratings, and due diligence efforts.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable foralways doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. Whileoperatingwithin the Bank’s risk appetite,achievesresults by consistentlyidentifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Maintain an independent,currentandforward-lookingview of the creditworthiness of each client and communicate risk perspectives clearly to business and risk partners

• Perform ongoing monitoring and periodic deal reviews; approve or recommend renewal, modification or exit decisions as appropriate

• Analyze historical financials and projections to ensureaccuraterisk ratings, early identification of emerging credit issues, and clear articulation of industry and company trends

• Manage the underwriting,approvaland documentation process for transactions, including new money, renewals, extensions, amendments, waivers, and ancillary products (e.g., treasury management, FX, interest ratederivativesand commodity exposure)

• Review and recommend credit decisions,perform final risk rating analysis,provide interpretation of credit policy to business partners,and escalatenon-standardor higher-risk requests asappropriate.

• Ensure compliance with internal credit policies, regulatoryguidelinesand documentation standards

• Manage a larger, more complex portfolio that may includehigher‑risk, leadbankandhigh touchclient relationships

• Serve as an active member of the coverage team in collaboration with Relationship Managers and Credit Risk

• Meet directly with prospects and clients as needed, leading diligence discussionsfor assigned relationships and supporting escalated discussions alongside senior leadership

• Provide guidance on deal structures,pricingand risk mitigation strategies

• Create and deliver portfolio performance reports and presentations for senior management, including risk insights and recommendations

• Ensure accuracy and integrity of system recordsand electronic credit files, supporting data governance and regulatory readiness

• Participate insenior levelteam meetings, providing input on portfolio themes, risktrendsand process improvements

• Lead orparticipatein special projects and strategic initiatives that enhance portfolio management practices and systems

• Review workproductprepared by junior team members to ensure accuracyandconsistencyand provide coaching and feedback to Credit Analysts

SUPERVISORY RESPONSIBILITIES:

May includethe directsupervision and direction of the day-to-day activities of junior portfolio management team members.Responsible for providing employees withtimely, candid, and constructive performance feedback. Develop employees to their fullestpotential andprovidechallenging opportunities that enhance employee career growth. Develop theappropriate talentpool to ensureadequate bench strength and succession planning. Recognize and reward employees for accomplishments.

MINIMUM KNOWLEDGE,SKILLSAND ABILITIES REQUIRED:

• Bachelor’s degree in Finance, Business Administration, or a related field

• Minimum of8years of experience in commercial banking, portfolio management, underwriting or a related discipline

• Subject matterexpert levelunderstanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation

• Strong risk judgment withdemonstratedability to manage complex andhigher riskportfolios

• Experience providing guidance, coaching, or review of junior staff work is preferred but notrequired

• Excellent interpersonal and communication skills with the ability to collaborate effectively with business and risk partners

• Ability to manage multiple priorities, complex transactions, and strategic initiatives while meeting deadlines

Senior Portfolio Manager

Total Base Pay Range 96,500.00 - 207,500.00 USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION – Charlotte, North Carolina 28202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.