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First Commonwealth Bank · 2 days ago

Business Banking Portfolio Manager

Powell, OH

Full-time

Onsite

Mid, Senior Level

5+ years exp

First Commonwealth Bank is seeking a Business Banking Portfolio Manager to manage a large portfolio of Business Banking clients. The role involves monitoring client financial performance, ensuring credit quality standards, and fostering communication among team members.

Banking

Responsibilities

In collaboration with Relationship Manager(s), manages a portfolio of business banking size- companies. Portfolio size may vary based on length of service and management decisions. Portfolio to include both C&I and CRE clients

Monitors client financial performance versus plan objectives on a regular basis utilizing automation-based portfolio risk assessment targets and indicators; 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

Ensures a seamless process for portfolio management by fostering strong communication by team members, including Credit, Credit Review and Loan Documentation departments

Maintains awareness and advises the Relationship Manager and/or Credit Team in regards to alerts on critical items and awareness of key issues

Provides portfolio information on a timely basis to be included as part of credit analysis and performance reports. Develops a continuous improvement mindset with respect to credit performance reports, cross sell effectiveness, and opportunities to improve processes

Acts as the central point for communication regarding all aspects of the Business Banking portfolio

Services the immediate needs of the clients by performing the following with Relationship Manager(s):

Understands the credit strengths and weaknesses of clients

Assesses and discusses risk ratings with the Credit Department

Monitors borrower’s performance and communicates awareness of key issues to management and the credit department in a timely fashion

Seeks additional approvals, amendments or policy exceptions as necessary

Other ongoing client and portfolio tasks as needed to assist the team

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. Active participant in the monthly CAC meetings and semi-annual Line Sheet presentation meetings

Follows assigned accounts, in conjunction with relationship team, to ensure financial statements are received timely and evaluated regularly to assess borrower risk

Responsible for the monitoring of the credit quality of the assigned portfolio regarding delinquency, charge-offs, criticized/classified assets, etc

Reviews trend reports generated based on assigned portfolio with ability to address and communicate on both positive and negative trends

Helps coordinate the daily workflow in and out of the area to ensure that current loans are in complete conformity with the terms

Serves as a representative for Portfolio Management and/or Corporate Banking in various Bank initiatives and projects on an as needed and elected basis

May serve as a mentor and/or provide training to newer and less experienced Portfolio Managers within the Group

Supports cross-sell opportunities resulting in additional recommendations to benefit both the customer and the Bank

Develops expertise in all applicable processes and systems to ensure they are all leveraged. Strives to improve cycle times and client experience

Displays enhanced knowledge of the procedures for compliance including a broad understanding of regulations

Maintains a working knowledge of bank operating policies and procedures

Qualification

Credit analysisPortfolio managementCompliance regulationsBusinessFinance degreeAnalytical skillsTeam buildingMotivating staffMathematical skillsCommunication skillsInterpersonal skills