Senior Special Assets Portfolio Manager (Virtual)

Fifth Third Bank; Grand Rapids (MI); Presencial; USD 97.000 - 208.000; Jornada completa

Descripción de la vacante

Fifth Third Bank in Grand Rapids, MI seeks a Special Assets Senior Portfolio Manager to lead a portfolio of large, complex, stressed banking relationships. You will review financial statements, monitor accounts, and collaborate with Credit Analysts and SAG Relationship Managers to craft workout strategies consistent with credit policy.

You will structure credit arrangements, participate in negotiation of documents, monitor covenants, and mentor junior staff while maintaining risk controls and

Formación

• Bachelor degree or equivalent experience. Degree in Accounting, Finance or Economics preferred.
• Eight or more years credit experience in commercial banking or finance industry or advanced degree with five or more years of business related experience.
• Highly professional credit and risk analysis skills.
• Professional presence. Able to communicate effectively with clients, consultants, bank group members, and internal bank partners.
• Expertise in financial and risk analysis, and effective problem solving
• Experience managing an advanced commercial client portfolio with a great deal of complexity. Demonstrated problem solving skills.
• Clear and articulate oral and written communication skills.
• Strong computer skills.
• Strong organizational skills.
• Strong Emotional Intelligence under pressure.
• Exhibit teamwork.
• Results oriented - demonstrated ability to accomplish objectives in a specified timeframe.
• Proficient in basic software applications such Microsoft Word and Excel.
• Familiarity with bankruptcy law.
• Familiarity with the bank's internal applications a plus.

Responsabilidades

• Accountable for managing a portfolio of highly complex accounts in support of the Special Assets Director, Team Lead, and/or Workout Officers, relying on deep experience with credit analysis, loan review and/or banking industry.
• Client contact with some of the most difficult credit relationships, in sometimes confrontational situations.
• Undertake analysis of industries and relevant peer groups within them to determine key industry drivers and how these affect individual market participants.
• Ability to affectively interact with outside legal counsel and consultants.
• Managing the credit transactions process; from the approval process and communicating with various involved groups through to arranging for processing of details and changes into the bank's own internal systems.
• Preparation, review and negotiation of documentation related to transactions, such as loan documents, forbearance agreements, guarantees, and security documents.
• Participation in the structuring of work out strategies, including negotiations with potential and existing clients.
• Evaluation, booking and management of collateral relating to loans, etc.
• Monitoring the ongoing business activities and financial performance of existing clients, including financial covenant monitoring.
• Implementation of risk management and compliance procedures in accordance with Bank requirements and corporate policies.
• Contribute to development of the bank's credit evaluation methodology.
• Maintain appropriate client records and an archive of the bank's industry wide and client specific credit work.
• Deals with large credit exposures, most complex loans, difficult foreign exchange, interest rate and commodity derivatives.
• Display of proper Emotional Intelligence under pressure of work out situations.
• Following credit policy, structures and underwrites commercial loans or makes a recommendation to the appropriate level of credit administration.
• Services portfolio and outside contractors.
• Manages commercial portfolio risk on an ongoing basis by monitoring customer credit-worthiness, adherence to contract loan terms and general business conditions.Mentor Credit Analysts and more Junior Portfolio Managers

Conocimientos

Credit analysis

Risk analysis

Client communication

Teamwork

Excel

Banking industry knowledge

Emotional intelligence

Problem solving

Educación

Bachelor's degree in Accounting, Finance or Economics

Herramientas

Microsoft Word

Excel

Descripción del empleo

Fifth Third Bank in Grand Rapids, MI seeks a Special Assets Senior Portfolio Manager to lead a portfolio of large, complex, stressed banking relationships. You will review financial statements, monitor accounts, and collaborate with Credit Analysts and SAG Relationship Managers to craft workout strategies consistent with credit policy.

You will structure credit arrangements, participate in negotiation of documents, monitor covenants, and mentor junior staff while maintaining risk controls and