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Citizens · 1 day ago

Middle Market Corporate Banking Portfolio Management Team Lead

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$220K/yr - $260K/yr

10+ years exp

Citizens is seeking a Corporate Banking Portfolio Management Team Leader who will oversee a team of Commercial banking Portfolio Managers and Credit Analysts. The role involves managing portfolio aspects such as transaction structuring, credit approval, and compliance, while also ensuring the professional development of the team.

BankingCredit CardsFinancial ServicesFinTechRetail

H1B Sponsor Likely

Responsibilities

Responsible for all aspects of portfolio management including transaction structuring, due diligence and underwriting, credit approval, reporting/credit monitoring and problem loan identification

Intensively involved in credit actions (deal screens, approval of new business and amendment requests and Watchlist) on a credit-intensive portfolio

Assures that all Portfolio Managers & Credit Analysts are trained and kept up to date on Citizens Bank credit policy as well as credit issues affecting the general economy

Actively involved in assessing, developing and implementing credit and compliance policies; Actively ensures compliance with federal regulations and Citizens Bank policies

Designs and monitors internal systems to assure that all assigned work and ongoing monitoring is completed on a timely basis and in a manner that complies with all Citizens Bank internal policies

Prioritizes work that is assigned to the group, assure that work is appropriately distributed among the team members and is responsible for objective quality control of group’s analytical and reporting work product to include accurate application of credit, risk, and other policies and practices required to effectively manage risk exposure and loss to the Bank

Achieve satisfactory or better ratings from Credit Review and Compliance and meet compliance targets for annual reviews, risk ratings, and covenant compliance monitoring

Responsible for performance management process and professional development for direct reports

Largely internally focused interacting with Portfolio Managers, Relationship Managers, Division Executives, Credit Officers, Work Out Officers, and Senior Management

Externally meets with customers/prospects to actively negotiate deals and solve customer/prospect requests and problems

Is viewed as a trusted advisor on credit and portfolio management issues/challenges

Qualification

Commercial banking experienceCredit risk managementPortfolio managementNegotiation skillsOrganizational skillsClient experience focusChange managementPerformance managementLeadership skillsCommunication skills

Required

10 plus years commercial banking experience which should include Middle Market and other areas of Corporate Banking

Exhibits strong level of knowledge of commercial banking sales, commercial banking products, credit, risk, and administration practices and processes

Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures

Balanced approach to enable focus on both business unit goals and risk management objectives

Skilled at developing and implementing both strategic and tactical solutions in support of portfolio administration and business unit goals and objectives

Able to multi task and function under pressure to meet deadlines

Excellent organizational skills

Strong written and verbal communication and negotiation skills

Focused on client experience/ customer service

Flexible change agent able to lead and handle both process and organizational changes

BA/BS degree required

Preferred

Experience with direct reports including managing day to day activity as well as annual performance reviews and coaching/development for entry to expert level colleagues

MBA in Finance, Business Administration or Accounting

Benefits

Comprehensive medical, dental and vision coverage

Retirement benefits

Maternity/paternity leave

Flexible work arrangements

Education reimbursement

Wellness programs

Paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States

Company

Citizens

Glassdoor3.6

At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.

Founded in 1828

Providence, Rhode Island, USA

10001+ employees

https://www.citizensbank.com/

H1B Sponsorship

Citizens has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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2020 (1)