The Portfolio Manager II is responsible for effective credit underwriting, credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, ongoing portfolio maintenance activities, and as needed client support for an assigned portfolio of existing restaurant finance credits.
The Portfolio Manager II is responsible for ensuring overall portfolio performance and asset quality remains strong and is able to independently assess, and, jointly with Relationship Managers, develop strategies and actions to resolve issues that could increase risk and/or create loss for the Bank.
The Portfolio Manager II will independently interact with senior management of customers and prospects in order to discuss and resolve risk related issues, develop and deliver presentations to senior management and at credit review and approval meetings, exhibits skill at negotiation and the development of loan structuring options, engages with Syndications on multi-bank transactions and is skilled in the area of large exposures and complex credit situations.
The Portfolio Manager II will manage a portfolio of the most complex credits and will perform the functions of the position with only periodic oversight and is expected to perform with very limited supervisory intervention.
Assures compliance with Employer commercial credit policy. Prepares underwriting documents for new credit transactions and gains approval, in concert with Relationship Management. Specific tasks may include: Post Closing Audit for new loans, renewals, and modifications, running financial models using a variety of formats/systems, preparing annual reviews, renewal requests, reviewing Borrowing Base Certificates and surfacing liquidity concerns, preparation of CPS and appendices, Sponsor/Guarantor analyses, completion of regular compliance checks. PM TL, negotiates loan documents, prepares and reviews financial models for accuracy, is skilled at addressing Past Due situations and has extensive knowledge of credit policies and in particular Can complete the most complex underwriting documents with minimal involvement from the RM or application of the policies to a variety of situations.
Oversees assigned portfolio of credits and anticipates portfolio problems and takes action to develop solutions, handles multiple demands and competing priorities meets deadlines and schedules associated with maintaining portfolio compliance with credit and risk policies.
Actively and effectively manages assigned portfolio including, but not limited to: tracking of delinquency, exceptions, matured loans, collateral monitoring, financial statement receipt and analysis, covenant compliance monitoring, annual review process, proper completion and validation of credit grading models, quarterly/monthly monitoring requirements, and needed modifications.
Provides feedback, direction and oversight by reviewing the work done by credit analysts or junior PMs who are supporting a senior level PM with the tasks noted above as part of Portfolio Management & Oversight.
Manages a portfolio of the most complex credits, with complex organization structures, documentation and/or collateral structures. May be responsible for the largest exposures within a particular area of commercial or within a complicated/specialized industry.
Provides client management support for assigned portfolio. Regular level of direct client interaction and can resolve the most complex issues related to credit monitoring and administration with client directly.
Understands and stays abreast of industry information related to the customer segment and/or industries represented within the assigned portfolio. Shares insights and learnings with other RMs and PMs.
Develops and presents credits during reviews and approval meetings, engages with Syndications on multi-bank transactions, and prepares pitch books for new client acquisition.
Exhibits comprehensive written and verbal communication skills. May review work of other portfolio managers or credit analysts who may perform financial analysis or modeling (in support of a senior level PM) for completeness and accuracy. Regularly acts as a coach and mentor for junior level PMs and credit analysts.
Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday
Why Work with Us
At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment Opportunity
It is the policy of Employer and Citizens Securities, Inc. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Opportunity & Affirmative Action Employer Disabled/Veteran
Employer is a brand name of Employer, N.A. and each of its respective subsidiaries, and Employer of Pennsylvania.