Truist
Portfolio Manager or Senior Portfolio Manager - Wholesale Credit Delivery - Midd
Truist, Washington, District of Columbia, us, 20022
Overview
Portfolio Manager or Senior Portfolio Manager - Wholesale Credit Delivery - Middle Market segment Underwrites credit exposure for Wholesale Banking clients and actively manages a Middle Market or CML portfolio. Includes day-to-day client interaction, managing portfolio risk and adheres to all regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends. Responsibilities
Underwriting: Lead the entire commercial underwriting process both internally and externally with prospects and clients. Underwrites and documents all prospect and client transactions. Possesses a mastery of client expertise, analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and UCC searches. Acts as liaison with Commercial Fulfillment and Commercial Sales Assistant (CSA). Provides independent analysis of financial statements and business plans; identifies and mitigates key risks. Recommends and models appropriate loan structures and while maintaining expertise around the bank’s suite of ancillary products. Is accountable for the risk evaluation and associated regulatory compliance requirements. May require specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, Corporate Banking, Working Capital and other Truist product offerings. Portfolio Management: Manage assigned portfolio by monitoring performance and trends, identifying issues and following through for remediation. Responsible for risk rating integrity, annual reviews as well as financial statement spreading, compliance and regulatory review. Manages all amendments and waivers in the assigned portfolio. Be anticipatory, forward focused, independent, transparent and collaborative in identification, communication, and all aspects of risk management. Client Calling Effort: With internal product partners, apply knowledge of credit policy, pricing and structure to develop solutions that meet the client’s needs and the Bank’s risk acceptance criteria. Manage data integrity of all data inputs and outputs. Review and update loan systems information to ensure accuracy. Span of Control: No direct reports, but regular communication with Clients and Prospects, Portfolio Management teammates, Relationship Managers, Credit Risk Managers, Credit Review partners, Technology, and internal/external audit and examiner functions. Decision-Making and Autonomy: Provide independent current and forward-looking risk view on clients within the assigned clients/prospects and portfolio. Author independent risk recommendations including risk rating, compliance, underwriting. Recommendations are approved by the ultimate risk approval officer. Problem Complexity: Complex. Portfolio Manager & Underwriters will be responsible for underwriting and management of significant client exposure. Leadership / Influencing / Negotiating / Persuading: Develop an independent point of view and provide recommendations to appropriate decision makers. Mentor junior talent and LOB partners as appropriate. Project or Program Management: Manage a large portfolio of complex/levered clients and take a leadership role in activities outside day-to-day portfolio responsibilities. Deliver solid credit and underwriting analyses and risk rating recommendations; key risk drivers are credit and operational. Qualifications
Required Qualifications:
Bachelor’s Degree in Finance or related field and at least 5+ years of related training and experience in commercial credit analysis. Mastery level proficiency with MS Office Desktop applications. Strong interpersonal skills and solid written/verbal communication. Sound credit skills; strong attention to detail. Ability to prioritize workflow and multi-task in a fast-paced environment. Preferred Qualifications:
Has successfully held similar role with commercial financial institution or like experience. Industry or sub-sector expertise. Mastery of Truist Bank operating systems inclusive of COMPASS and other Commercial applications (i.e. MRA, salesforce.com, nCino). Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Regular or Temporary: Regular Salary: The annual base salary for this position is $120,000 - $160,000 Other
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, including medical, dental, vision, life insurance, disability, tax-preferred savings accounts, and a 401k plan. Paid time off details and other benefits vary by division and status. Truist is an Equal Opportunity Employer and is a Drug Free Workplace. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify.
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Portfolio Manager or Senior Portfolio Manager - Wholesale Credit Delivery - Middle Market segment Underwrites credit exposure for Wholesale Banking clients and actively manages a Middle Market or CML portfolio. Includes day-to-day client interaction, managing portfolio risk and adheres to all regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends. Responsibilities
Underwriting: Lead the entire commercial underwriting process both internally and externally with prospects and clients. Underwrites and documents all prospect and client transactions. Possesses a mastery of client expertise, analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and UCC searches. Acts as liaison with Commercial Fulfillment and Commercial Sales Assistant (CSA). Provides independent analysis of financial statements and business plans; identifies and mitigates key risks. Recommends and models appropriate loan structures and while maintaining expertise around the bank’s suite of ancillary products. Is accountable for the risk evaluation and associated regulatory compliance requirements. May require specialized underwriting skills for Commercial and Industrial, Commercial Real Estate, Corporate Banking, Working Capital and other Truist product offerings. Portfolio Management: Manage assigned portfolio by monitoring performance and trends, identifying issues and following through for remediation. Responsible for risk rating integrity, annual reviews as well as financial statement spreading, compliance and regulatory review. Manages all amendments and waivers in the assigned portfolio. Be anticipatory, forward focused, independent, transparent and collaborative in identification, communication, and all aspects of risk management. Client Calling Effort: With internal product partners, apply knowledge of credit policy, pricing and structure to develop solutions that meet the client’s needs and the Bank’s risk acceptance criteria. Manage data integrity of all data inputs and outputs. Review and update loan systems information to ensure accuracy. Span of Control: No direct reports, but regular communication with Clients and Prospects, Portfolio Management teammates, Relationship Managers, Credit Risk Managers, Credit Review partners, Technology, and internal/external audit and examiner functions. Decision-Making and Autonomy: Provide independent current and forward-looking risk view on clients within the assigned clients/prospects and portfolio. Author independent risk recommendations including risk rating, compliance, underwriting. Recommendations are approved by the ultimate risk approval officer. Problem Complexity: Complex. Portfolio Manager & Underwriters will be responsible for underwriting and management of significant client exposure. Leadership / Influencing / Negotiating / Persuading: Develop an independent point of view and provide recommendations to appropriate decision makers. Mentor junior talent and LOB partners as appropriate. Project or Program Management: Manage a large portfolio of complex/levered clients and take a leadership role in activities outside day-to-day portfolio responsibilities. Deliver solid credit and underwriting analyses and risk rating recommendations; key risk drivers are credit and operational. Qualifications
Required Qualifications:
Bachelor’s Degree in Finance or related field and at least 5+ years of related training and experience in commercial credit analysis. Mastery level proficiency with MS Office Desktop applications. Strong interpersonal skills and solid written/verbal communication. Sound credit skills; strong attention to detail. Ability to prioritize workflow and multi-task in a fast-paced environment. Preferred Qualifications:
Has successfully held similar role with commercial financial institution or like experience. Industry or sub-sector expertise. Mastery of Truist Bank operating systems inclusive of COMPASS and other Commercial applications (i.e. MRA, salesforce.com, nCino). Language Fluency: English (Required) Work Shift: 1st shift (United States of America) Regular or Temporary: Regular Salary: The annual base salary for this position is $120,000 - $160,000 Other
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, including medical, dental, vision, life insurance, disability, tax-preferred savings accounts, and a 401k plan. Paid time off details and other benefits vary by division and status. Truist is an Equal Opportunity Employer and is a Drug Free Workplace. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify.
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