Senior Special Assets Portfolio Manager

Fifth Third; Grand Rapids (MI); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Fifth Third Bank in Grand Rapids seeks a Senior Special Assets Portfolio Manager II to oversee stressed banking relationships, review financial statements, monitor covenants, and prepare approval memos for renewals and forbearance.

You will mentor Credit Analysts, coordinate loan documentation, assess collateral, and track delinquent accounts while ensuring compliance with risk policies and delivering sound credit decisions.

Qualifications

• Bachelor's degree in accounting, finance or economics or equivalent experience.
• Minimum 6 years of credit analysis or loan review experience in banking or equivalent.
• Strong analytical and critical thinking skills.
• Excellent verbal and written communication; professional presence.

Responsibilities

• Accountable for managing a portfolio of accounts in support of the Special Assets Director and Workout Officers.
• Prepare approval memos and make recommendations for credit decisions.
• Value collateral and assess collateral position in support of loan outstandings.
• Mentor Credit Analysts and junior Portfolio Managers.
• Complete loan bookings and ensure proper documentation and forwarding to fulfillment centers.
• Monitor forbearance agreements and loan document preparation and review.
• Assist in due diligence and review of commercial loan documentation for exceptions.
• Collaborate with Real Estate Review Group when appropriate.

Skills

Analytical skills

Critical thinking

Verbal communication

Written communication

Professional presence

Financial/risk analysis

Problem solving

Excel

Education

Bachelor's degree in accounting, finance or economics

Tools

Microsoft Word

Microsoft Excel

Job description

Fifth Third Bank in Grand Rapids seeks a Senior Special Assets Portfolio Manager II to oversee stressed banking relationships, review financial statements, monitor covenants, and prepare approval memos for renewals and forbearance.

You will mentor Credit Analysts, coordinate loan documentation, assess collateral, and track delinquent accounts while ensuring compliance with risk policies and delivering sound credit decisions.