First Commonwealth Bank · 2 days ago
CB Portfolio Manager I
Powell, Ohio, United States
Full-time
Hybrid
Mid Level
3+ years expFirst Commonwealth Bank is a financial institution that offers a range of banking services. They are seeking a CB Portfolio Manager I to manage a portfolio of Corporate Banking clients, ensuring credit quality standards and assisting in business development opportunities.
Banking
Responsibilities
Conducts financial statement, covenant and collateral analysis of Corporate Banking clients. Assists in discussions and due diligence on existing and prospective clients. Oversees portfolio analysis and assist in deal structuring and legal document review and negotiation
In collaboration with Relationship Manager(s), manages a portfolio of companies. Portfolio size may vary based on length of service and management decisions
Assists with the cultivation of new business opportunities from existing and potential corporate clients and assists Relationship Manager(s) help meet client needs and deepen relationships. Support cross-sell opportunities as identified through client interaction
Provides portfolio information on a timely basis to be included as part of credit analysis and performance reports. Develop a continuous improvement mindset with respect to credit performance reports, cross sell effectiveness, and opportunities to improve processes
Monitors client financial performance versus plan objectives and financial covenant compliance on a regular basis; discusses the performance with the relationship team. Reports credit deterioration promptly and works with Special Assets to mitigate potential losses
Actively monitors and manages maturing notes, expiring commitments and delinquencies within assigned portfolio
Performs maintenance calls with Relationship Manager as needed, and assists in credit collection work as necessary for assigned accounts
Services the immediate needs of the clients by performing the following with Relationship Manager(s):
Analyzes, with credit analysis staff, the creditworthiness of their clients and prospects
Seeks additional approvals or policy exceptions as necessary
Oversees proper execution and review of loan documentation in accordance with bank policy
Understands the credit strengths and weaknesses of clients
Monitors borrower’s performance and communicates to management and the credit department
Works with Treasury Management to establish necessary accounts and ancillary services for deposits
Other ongoing client and portfolio tasks as needed to assist the team
Works with the Credit Department to ensure that the approval packages are thorough and correct including review of the financial statement requirements, covenant structure, and terms and conditions
Prepares loan modification requests, Criticized Asset Committee Memos, Semi-Annual Line Sheets and any other necessary reports, as needed and in conjunction with the Relationship Manager. May occasionally need to present as back up to Relationship Manager
Values collateral when necessary, reviews appraisals and assesses collateral coverage
Ability to assess and discuss risk ratings with the Credit Department
Follows assigned accounts, in conjunction with relationship team, to ensure financial statements are received timely and evaluated regularly to assess borrower risk
Helps coordinate the daily workflow in and out of the area to ensure that current loans are in complete conformity with the terms
Assists in providing direct service to commercial clients of the bank with respect to deposit, loan, and other products and services. Develops expertise in all applicable processes and systems to ensure they are all leveraged. Strives to improve cycle times and client experience
Assists with deal screens and preliminary review of large existing and prospective clients as needed
Prepares and maintains accurate records of all client service calls made and meetings held with present and prospective clients
Maintains a thorough knowledge of the features and benefits of all corporate banking products and services
Maintains a working knowledge of bank operating policies and procedures
Qualification
Required
A Bachelor's degree in Business or Finance related field, and/or equivalent experience required
A minimum of three (3) years of strong credit analysis experience and/or demonstrated portfolio management skills required
Exceptional communication skills with ability to influence others, as well as strong computer and analytical skills are necessary
A valid driver's license and travel, including some overnight stays, are required
Company
First Commonwealth Bank
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1992-06-10IPO
Leadership Team
Brook McGinnis
SVP / Senior Product Group Manager - Digital Banking and Payments
Linda Metzmaier
SVP, Chief Compliance Officer
Recent News
First Commonwealth Financial Corporation
2025-12-02
First Commonwealth Financial Corporation
2025-11-03
First Commonwealth Financial Corporation
2025-10-29
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