Truist
Portfolio Manager - Wholesale Credit Delivery - Middle Market segment
Truist, Atlanta, Georgia, United States, 30383
Overview
Portfolio Manager - Wholesale Credit Delivery - Middle Market segment at Truist. The position 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 adherence to regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends. Responsibilities
Underwriting: Leads the entire commercial underwriting process both internally and externally with prospects and clients. Underwrites and documents all prospect and client transactions. Analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and Uniform Commercial Code (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 maintains expertise around the bank’s suite of ancillary products. Accountable for risk evaluation and 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: Accountable for and manages 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. Expected to be anticipatory, forward focused, independent, transparent and collaborative in identification, communication, and all aspects of management of risk. Client Calling Effort: In conjunction with other internal product partners, applies 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 encompasses regular communication with Clients and Prospects, Portfolio Management teammates, Relationship Managers, Credit Risk Managers, Credit Review partners, Technology, and other internal and external audit and examiner functions. Decision-Making and Autonomy: Teammates are charged with providing independent current and forward-looking risk view on clients within the assigned clients/prospects and portfolio. They author independent risk recommendations including risk rating, compliance, underwriting. The final recommendation is approved by the ultimate risk approval officer. Problem Complexity: Complex. Portfolio Manager & Underwriters are responsible for underwriting and management of significant client exposure. Leadership/Influencing/Negotiating/Persuading: Teammates are required to develop an independent point of view and provide recommendations to appropriate decision makers. Expected to mentor junior talent and LOB partners as appropriate. Project or Program Management: Able to handle a large portfolio of complex/levered clients and take a leadership role in activities outside day-to-day portfolio responsibilities that benefit the PM platform. Must deliver solid credit and underwriting analyses and risk rating recommendations with key risk drivers including credit and operational risks. Qualifications
Bachelor’s Degree in Finance or related field and at least 3+ 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 and strong attention to detail. Ability to prioritize workflow and multi-task in a fast-paced environment. Preferred Qualifications
Has held a similar role with a commercial financial institution or equivalent experience. Industry or sub-sector expertise. Mastery of Truist operating systems inclusive of COMPASS and other Commercial applications (e.g. Salesforce, nCino). Benefits
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. Truist offers medical, dental, vision, life insurance, disability, accident protection, tax-preferred savings accounts, and a 401(k) plan. Paid time off includes vacation and sick days, plus holidays. Benefits details are available on the Truist Benefits site. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other protected classifications. Truist is a Drug Free Workplace. EEO, E-Verify, and Right to Work information applies.
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Portfolio Manager - Wholesale Credit Delivery - Middle Market segment at Truist. The position 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 adherence to regulatory and compliance guidelines. A critical component of this role is early identification of emerging credit problems and industry trends. Responsibilities
Underwriting: Leads the entire commercial underwriting process both internally and externally with prospects and clients. Underwrites and documents all prospect and client transactions. Analyzes individual company performance and drives accurate ordering of real estate valuations, environmental assessments and Uniform Commercial Code (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 maintains expertise around the bank’s suite of ancillary products. Accountable for risk evaluation and 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: Accountable for and manages 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. Expected to be anticipatory, forward focused, independent, transparent and collaborative in identification, communication, and all aspects of management of risk. Client Calling Effort: In conjunction with other internal product partners, applies 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 encompasses regular communication with Clients and Prospects, Portfolio Management teammates, Relationship Managers, Credit Risk Managers, Credit Review partners, Technology, and other internal and external audit and examiner functions. Decision-Making and Autonomy: Teammates are charged with providing independent current and forward-looking risk view on clients within the assigned clients/prospects and portfolio. They author independent risk recommendations including risk rating, compliance, underwriting. The final recommendation is approved by the ultimate risk approval officer. Problem Complexity: Complex. Portfolio Manager & Underwriters are responsible for underwriting and management of significant client exposure. Leadership/Influencing/Negotiating/Persuading: Teammates are required to develop an independent point of view and provide recommendations to appropriate decision makers. Expected to mentor junior talent and LOB partners as appropriate. Project or Program Management: Able to handle a large portfolio of complex/levered clients and take a leadership role in activities outside day-to-day portfolio responsibilities that benefit the PM platform. Must deliver solid credit and underwriting analyses and risk rating recommendations with key risk drivers including credit and operational risks. Qualifications
Bachelor’s Degree in Finance or related field and at least 3+ 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 and strong attention to detail. Ability to prioritize workflow and multi-task in a fast-paced environment. Preferred Qualifications
Has held a similar role with a commercial financial institution or equivalent experience. Industry or sub-sector expertise. Mastery of Truist operating systems inclusive of COMPASS and other Commercial applications (e.g. Salesforce, nCino). Benefits
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. Truist offers medical, dental, vision, life insurance, disability, accident protection, tax-preferred savings accounts, and a 401(k) plan. Paid time off includes vacation and sick days, plus holidays. Benefits details are available on the Truist Benefits site. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other protected classifications. Truist is a Drug Free Workplace. EEO, E-Verify, and Right to Work information applies.
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