Portfolio Manager, Sr.

29 Apr 2024

Vacancy expired!

Nashville, New Orleans, Birmingham,

Memphis

and Raleigh, NC locations

The Portfolio Manager/Centralized Commercial approver will be responsible for evaluating business loan applications based on established bank policies and procedures.This position will primarily be for our renewal and servicing group.

Duties and Responsibilities:

  • Review cash flows and Moody’s spreads prepared by the Credit Analyst, conduct in-depth analyses of financial information to form a recommendation of approval or denial of new loans in accordance with the Bank’s policy and procedures. Prepare Credit Origination Memorandum in a clearly written concise manner, identifying strengths, risks and mitigating factors. Review, analyze and evaluate financial and pertinent data to determine credit worthiness of loan prospects and merits of specific loan requests. Collaborate with Relationship Managers, leaders and Business Development Officers to gather all necessary information to present an accurate and complete assessment of the loan presented. On occasion interact with clients or representatives virtually or in person calls in conjunction with Relationship Manager on larger credits.
  • High level of knowledge or non Owner occupied CRE structure and credit parameters
  • Ability to prepare high quality, detailed credit approval documents that contain an in-depth analysis, an understanding of and identification of credit issues and risks. Ability to spread and interpret financial statements, tax returns, and projections using Excel.
  • Ability to provide recommendations on loan structuring and alternative structures that may be more appropriate for the transaction.
  • Ability to mentor/support junior underwriters
  • Ability to work in a high volume environment, meeting or exceeding Service Level Agreements and turn time goals throughout the process, providing credit decisions in a timely manner.
  • Portfolio Management team is additionally responsible for the timely grading of credits, covenant reviews and any other servicing items needed for the centralized portfolio.
  • Work independently on special projects related to credit topics and issues as requested by Bank Credit team(s).
  • Support the Bank's strong relationship banking culture through on-going internal partner contact, quality customer service, and superior product knowledge. Understand and adhere to the Bank's Bank Secrecy Act policy and procedures and "know your customer/enhanced due diligence" guidelines. Brings any suspicious activity to the attention of a supervisor, or the Bank Secrecy Act Officer. Follow all Bank policies and procedures to ensure compliance with all laws and regulations.
  • May perform other duties as assigned.

Requirements

  • Bachelor’s degree required for consideration or equivalent combination of education and experience
  • Five (5+) years of commercial credit underwriting experience

Knowledge/Skills/Abilities/Training/Systems

  • Fundamental understanding of commercial credit underwriting.
  • Ability to interact with all levels of staff and management.
  • Ability to work successfully in a deadline driven team environment.
  • Strong MS Office skills, especially with Excel.
  • Must be organized and detail oriented with the ability to multitask.
  • Good written and oral communication skills.
  • Good fundamental understanding of general bank operations, proficient understanding of the components of financial planning, deposit products, small business products, investment and insurance products.
  • High level of knowledge or Non Owner Occupied CRE underwriting preferred

To learn more about our great benefits, click here: Total Rewards Package

To learn more about why you should join our team: Numerous Awards, ticker symbol "FHN" on the NYSE and Our culture and diversity

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)