Apply on Employer Site

Fortis Bank · 5 months ago

Senior Commercial Portfolio Manager

Midvale, UT

Full-time

Onsite

Senior Level

$90K/yr - $120K/yr

7+ years exp

Fortis Bank is a high growth commercial bank located in Colorado and Utah, seeking a Senior Commercial Portfolio Manager to manage a portfolio of commercial credits. The role involves partnering with Commercial Bankers to convert loan opportunities and overseeing the underwriting process while ensuring client satisfaction and credit quality.

Financial ServicesVenture Capital

Responsibilities

Partner with Commercial Bankers on new deals in the pipeline as well as existing loans that mature, structuring commercial credits based upon bank guidelines and client needs

Manage loans through to the approval processes, continuously interacting with prospective and existing clients while owning the underwriting process on each specific loan

Work with the Credit Analysts to review spreads and complete credit presentations

Partner with the Commercial Loan Administration team to generate loan documents and closing packages

Maintain a strong understanding of cash flow analysis, collateral evaluation, and financial analysis

Identify risks in proposed new transactions, introducing controls to mitigate risks

Ensure the quality, integrity and soundness of all analysis, underwriting, client satisfaction and credit approval process for assigned portfolio

Conduct monthly, quarterly, and/or annual reviews of loan covenants and financial data for all loans within assigned portfolio

Continuously monitor portfolio and visits clients to understand client’s business performance, identifying early warning signs of changes in risk and credit quality

Prepare detailed annual reviews of existing credits as designated

Provide an ongoing review of credit quality, changes in risk, compliance with loan covenants and compliance with the bank’s credit policy

Proactively manage credit risk and exposure for assigned portfolio, monitor collateral, initiate changes in risk ratings and manage any modifications of loan terms or covenants

Ensure a clean and strong portfolio, working directly with clients to obtain most recent financial documentation

Qualification

Credit portfolio managementFinancial analysisUnderwriting C&I transactionsMoody’s RiskAnalystDiscounted cash flow analysisFinancial statement analysisTeam collaborationProblem solvingTime management

Required

7-10+ years of credit portfolio management experience, including (a) being able to take the lead on proposing appropriate terms and financial covenants based on identified key risks, and (b) underwriting a broad range of C&I transactions in various industries

Bachelor's degree in Finance or Accounting strongly preferred; MBA, CPA or CFA strongly preferred

Strong working knowledge of financial statements and accounting standards required

Robust experience with credit policies, with competition of a formal commercial credit training program

Experience spreading financials and completing financial projections using Moody's RiskAnalyst software

Must be comfortable working with complex computer operating systems (nCino experience a plus)

Strong organizational time management skills, problem solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management

Must be able to work in a team environment with the ability to interact well, and in a positive manner, with co-workers, external clients, and management

Preferred

Bachelor's degree in Finance or Accounting strongly preferred; MBA, CPA or CFA strongly preferred

Experience with projecting financial performance and using discounted cash flow analysis to determine enterprise value is preferred

Company

Fortis Bank

At Fortis Bank, we pride ourselves in being a partner to our clients by offering comprehensive banking solutions while building trusted, long-term relationships.

Founded in 1997

Denver, Colorado, USA

51-200 employees