Portfolio Manager (I, II, Sr or Sr 2) - Corporate Banking
Company: Flagstar Bank
Location: Troy
Posted on: March 17, 2023
Job Description:
A Portfolio Manager must be an analytical, organized,
team-focused individual with good verbal and written communication
skills. This individual will be responsible for completing an
in-depth analysis of commercial loan requests, as well as making
recommendations based on such analysis. Portfolio Managers work in
a team environment as a key player within the relationship deal
team. Primary responsibilities include underwriting, monitoring and
maintaining the credit quality of a loan portfolio as well as
managing the loan closing process. Portfolio Managers maintain
strong working relationships, variant on experience level, with the
clients, deal team, credit team and other internal partners.
- Underwrite, Analyze and Close Loans: Working with the
relationship manager, take a lead role in the structuring,
underwriting and analysis of commercial loan requests. Prepare
credit approval packages, present recommendations to the credit
team/senior management, and close complex commercial loans.
- Portfolio Management: Responsible for monitoring the credit
quality of the assigned portfolio by periodically evaluating
financial trends, covenant compliance and borrowing bases,
including the preparation of annual (or more frequent) reviews. In
addition, responsible for managing delinquencies and collateral
exceptions.
- Relationship Management: Highly visible role in managing the
client relationship along with the deal team.
- Training: Mentor, train and develop junior team members.
- Maintaining Knowledge: Knowledgeable about the various
commercial products available to clients as well as general
market/industry trends.
- Ensure compliance with applicable federal, state and local laws
and regulations. Complete all required compliance training.
Maintain knowledge of and adhere to Flagstar's internal compliance
policies and procedures. Take responsibility to keep up to date
with changing regulations and policies.
Job Requirements:
- Bachelor's Degree: Business, Finance or related field
Required
- Must possess highly advanced credit analysis skills (prefer a
candidate with formal credit training)
- Demonstrated knowledge of financial statement analysis
- Excellent interpersonal and verbal and written communication
skills
- Excels in a team environment
- Ability to effectively interact with all levels of leadership
and employees within the organization
- Ability to work autonomously, handle multiple projects
simultaneously and adapt to new demands and challenges
- Familiarity with nCino, Credit Lens, AFS is a plus
- Credit Analysis or Loan Review experience, preferably in the
banking industry
- Travel: Up to 50%
Complexity of transactions/portfolios managed and years of
experience differentiate the levels:
Portfolio Manager I
- 3-5 years of experience, may include less experience per
management evaluation if individuals demonstrated the ability or
met requirements of the portfolio manager position.
- Handles transactions/relationships/portfolio with the lowest
level of complexity
Portfolio Manager II
- 5-8 years of experience
- Handles transactions/relationships/portfolio with moderate
level of complexity
Senior Portfolio Manager
- 8-12 years of experience
- Handles transactions/relationships/portfolio with high level of
complexity
- Experience working with less experienced team members to mentor
and develop them, sharing expertise and insights
Senior Portfolio Manager 2
- 12+ years of experience
- Handles transactions/relationships/portfolio with the highest
level of complexity
- Experience working with less experienced team members to mentor
and develop them, sharing expertise and insights
- A high level of oral and written interpersonal skills are
necessary to recommend loan transactions to bank senior
management
- Excellent leadership and communication skills enabling smooth
and efficient loan closings as well as daily portfolio
management
Internal Use Only: Band F, E, D or C
Keywords: Flagstar Bank, Troy , Portfolio Manager (I, II, Sr or Sr 2) - Corporate Banking, Executive , Troy, Michigan
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