Special Credits Portfolio Manager 3

Hancock Whitney; New Orleans (LA); On-site; USD 95,000 - 130,000; Full time

Job summary

Hancock Whitney is seeking a Special Credit Portfolio Manager 3 to independently manage a portfolio of complex criticized loan relationships within Special Credits. You will provide advanced underwriting, monitoring, and workout support, partnering with Asset Managers and Credit Officers to structure, negotiate, and document higher-risk actions.

You will also lead in reviewing legal documentation, presenting risk assessments, and mentoring junior PMs while contributing to portfolio-level risk

Qualifications

• Bachelor’s degree in business/finance or accounting required.
• 5+ years of credit analysis, underwriting, or workout experience.
• Experience with criticized or distressed commercial relationships is preferred.

Responsibilities

• Underwrites and analyzes complex criticized loans, including restructures and modifications.
• Leads technical underwriting guidance and policy compliance for junior PMs.
• Collaborates with Workout Delivery Team to structure and document actions.
• Reviews financial statements, collateral, and third-party reports for risk mitigation.
• Prepares loan requests and risk assessments for Credit Officers.

Skills

Credit analysis

Underwriting

Workout experience

Financial analysis

Regulatory knowledge

Education

Bachelor's degree in Business Administration, Finance, or Accounting

Job description

JOB FUNCTION / SUMMARY

The Special Credit Portfolio Manager 3 independently manages a portfolio of complex criticized loan relationships and provides advanced underwriting, monitoring, and workout support within Special Credits. This role partners closely with Special Credit Asset Managers to structure, negotiate, and document higher-risk credit actions, while also providing technical leadership and guidance to junior-level PMs. Demonstrates strong credit judgment, independently presents complex recommendations to Credit Officers, and contributes to portfolio-level risk mitigation strategies.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Independently underwrites and analyzes complex criticized loan relationships, including restructures, forbearances, extensions, renewals, and modifications.


• Serves as a senior technical resource; provides informal guidance, quality review, and coaching on underwriting practices and policy requirements.


• Works as a core member of the Workout Delivery Team with Asset Managers, Credit Officers, Legal, Collateral Specialists, and Relationship Managers.


• Leads the collection and assessment of financial statements, collateral information, legal documentation, and third-party reports to support transaction structuring.


• Independently prepares and presents detailed loan requests and risk assessments to Credit Officers with limited guidance.


• Conducts advanced borrower, industry, and market analyses to identify emerging risks and recommend risk mitigation strategies.


• Monitors covenant compliance, collateral performance, and borrower reporting; proposes corrective actions as exceptions arise.


• Supports Asset Managers in negotiating borrower communications, including action plans, conditions, and documentation requirements.


• Identifies deteriorating situations early and contributes to the formulation of problem-loan strategies.


• Reviews and validates legal documentation associated with criticized actions to ensure alignment with approval terms and bank standards.


• Tracks and resolves document exceptions; ensures accurate and timely system updates.


• May lead special projects, process improvements, or portfolio analytics initiatives.


• Secures and safeguards all customer information according to Bank guidelines.


• Participates in civic, community, and industry activities as needed.


• Performs other duties and special projects as assigned.

SUPERVISORY RESPONSIBILITIES

May provide ongoing guidance and task direction to junior-level PMs but does not have full supervisory accountability. May serve as a team lead on complex underwriting assignments.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE

Bachelor's degree in Business Administration, Finance, Accounting, or related field. 5+ years of credit analysis, underwriting, or workout experience with progressively increasing responsibility. Demonstrated experience underwriting moderately complex to complex criticized or distressed commercial relationships. Strong understanding of commercial lending, legal documentation, financial analysis, and regulatory expectations. Advanced ability to interpret financial statements, cash-flow performance, and collateral structures. Strong ability to present complex analyses and recommendations. Strong problem-solving and risk assessment skills.

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS

Ability to travel if required to perform the essential job functions. Ability to work under stress and meet deadlines. Ability to operate related equipment to perform the essential job functions. Ability to read and interpret a document if required to perform the essential job functions. Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.