Senior Portfolio Manager- Equipment Finance

Fifth Third Bank, N.A.; Chicago (IL); On-site; USD 97,000 - 208,000; Full time

Job summary

Fifth Third Bank, National Association in Cincinnati, OH, seeks a Senior Portfolio Manager specialized in Equipment Finance to lead credit analysis, risk assessment, and portfolio monitoring. You will partner with Relationship Managers and Credit Risk throughout the deal lifecycle, including structuring, pricing, and due diligence efforts.

You will manage a larger, complex portfolio, provide risk insights to senior management, and ensure compliance with credit policies while delivering accurate

Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related field.
• Minimum of 8 years of experience in commercial banking and portfolio management.
• Expert understanding of accounting, credit analysis, portfolio management, structuring, underwriting, and legal documentation.
• Strong risk judgment and ability to manage high-risk portfolios.
• Experience coaching or reviewing junior staff is preferred but not required.
• Excellent interpersonal and communication skills with risk partners.

Responsibilities

• Maintain an independent, forward-looking view of client creditworthiness and communicate risk perspectives.
• Perform ongoing monitoring and deal reviews; approve renewals or exits as appropriate.
• Analyze historical financials to ensure accurate risk ratings and identify trends.
• Manage underwriting, approval, and documentation for transactions and ancillary products.
• Review credit decisions and interpret policy for business partners; escalate high risk requests.
• Ensure compliance with credit policies and regulatory guidelines.
• Handle a larger, complex portfolio with high-touch clients and relationships.
• Collaborate with Relationship Managers and Credit Risk as a coverage team member.
• Lead diligence discussions with prospects and clients and support escalations.
• Provide guidance on deal structures, pricing, and risk mitigation.
• Create portfolio performance reports and risk insights for senior management.
• Maintain data integrity in system records and credit files.
• Participate in senior team meetings and contribute to process improvements.
• Lead or participate in strategic initiatives to enhance portfolio management.
• Review junior team work and provide coaching.

Skills

Credit analysis

Portfolio management

Risk judgment

Interpersonal skills

Education

Bachelor’s degree in Finance

Job description

Cincinnati, OH

Chicago, IL

Rosemont, IL

Charlotte, NC

Full time

R72546

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GENERAL FUNCTION:

The Senior Portfolio Manager manages a portfolio through comprehensive financial analysis , forward-looking risk 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, w it h a focus on early identification of emerging credit issues and portfolio level risks . As a senior membe r of the coverage team, the Senior Portfolio Manager partners closely with Relationship Managers and Credit Risk throughout the deal lifecycle, including credit 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 for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying , assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Maintain an independent, current and forward-looking view 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 ensure accurate risk ratings, early identification of emerging credit issues, and clear articulation of industry and company trends

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

• Review and recommend credit decisions, perform final risk rating analysis , provide interpretation of credit policy to business partners , and elevate non-standard or higher-risk requests as appropriate .

• Ensure compliance with internal credit policies, regulatory guidelines and documentation standards

• Manage a larger, more complex portfolio that may include higher ‑ risk , lead bank and high touch client 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 discussions for assigned relationships and supporting escalated discussions alongside senior leadership

• Provide guidance on deal structures, pricing and 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 records and electronic credit files, supporting data governance and regulatory readiness

• Participate in senior level team meetings, providing input on portfolio themes, risk trends and process improvements

• Lead or participate in special projects and strategic initiatives that enhance portfolio management practices and systems

• Review work product prepared by junior team members to ensure accuracy and consistency and provide coaching and feedback to Credit Analysts

SUPERVISORY RESPONSIBILITIES:

May i nclude the direct s upervision and direction of the day-to-day activities of junior portfolio management team members. R esponsible for providing employees with timely , candid, and constructive performance feedback. Develop employees to their fullest potential and provide challenging opportunities that enhance employee career growth. Develop the appropriate talent pool to ensure adequate bench strength and succession planning. Recognize and reward employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

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

• Minimum of 8 years of experience in commercial banking, portfolio management, underwriting experience that includes equipment finance

• 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 and higher risk portfolios

• Experience providing guidance, coaching, or review of junior staff work is preferred but not required

• 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- Equipment Finance

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 -- Cincinnati, Ohio 45202

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.

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.