Portfolio Manager II
Guaranty Bank & Trust Company, Oxford, MS, United States
The Portfolio Manager (PM) position is being created as a training program for the Commercial Credit function of the Bank. The PM position could be a dedicated career path or lead to a Loan Officer (LO) / Relationship Manager (RM) role. The PM will partner closely with the LO to execute on the Bank’s commercial loan origination strategy and will assist LOs in managing new and existing customers with higher total credit exposure (TCE) and higher levels of risk.
Primary Responsibilities
Assist LO in prioritizing existing and prospective loan requests
Assist LO with preparing for Customer calls
Attend customer calls with LO
PM’s will be introduced to all customers above a to-be-determined TCE and will be included in future calls, as needed
Take notes and have follow up discussion with LO to ensure they agree on future potential of relationship, creditworthiness, concerns, etc.
Assist LO with underwriting loan requests
Determine what Financial Statements (FS) are required and ensure that all FS have been obtained
Ensure the customer signs the “Release of Information” form that will allow PM’s and LO’s to contact accountants directly
Create detailed Debt Schedules based on FS and discussion with customer
Review FS for accuracy and items requiring explanation and/or clarification
Obtain explanation / clarification from customers prior to spreading customer in SW
Review FS for potential ancillary bank business (i.e. Wealth Management, Treasury Management, Mortgage, etc.)
Send Financial Analysis request to CA department (or spread in SW) and act as CA’s point of contact regarding FS questions
Ensure that the financial statements have been accurately spread in SW
Discuss SW spreads with LO
Ensure all questions arising from spread are adequately explained in CM
Assist LO with preparing CM and loan package
Help establish appropriate structure for proposed debt
Help identify potential risk and related mitigants, then complete the Risk Rate Matrix
Ensure there are no non-approved Policy Exceptions
Help establish meaningful covenants and monitor compliance
Ensure all needed documentation is attached in Teslar using the prescribed naming conventions
LO will present loan requests to required level of approval authority with the assistance of PM
PMs will present requests for approval in LO absence
Attend Loan closings with LO
Post-closing Responsibilities
Clear exceptions
Collect financials in a timely manner
Monitor covenants / Borrowing Base certificates
Manage maturing loans
Facilitate renewals prior to maturity
Extend or renew maturing loans to coincide with other maturing loans of customer
Perform annual reviews, as required
Assist Loan Officers with past dues
Job Requirements
Experience Preferred
Minimum bachelor’s degree, preferably in accounting, finance, business, or related field
Minimum 2 years’ experience as PM or Commercial Lending
Advanced understanding of accounting, finance, financial statement and cash flow analysis and Guaranty Bank’s Loan Policy
Skills and Competencies
Strong verbal and written communication skills
Strong analytical and problem-solving skills
Well organized, detail oriented, and ability to multi-task
Self-starter able to work independently, as well as collaboratively
Ability to train entry level PM’s
Physical Requirements:
Physical requirements needed to perform the above essential duties, with or without reasonable accommodation, may be requested from Human Resources.
Frequency
Lbs.
90%
Standing
5%
Walking
5%
Fine Manipulation of hands
85%
Lifting
Daily
10 lbs.
Carrying
Daily
10 lbs.
Pushing/Pulling
Seldom
Rarely
Reaching/Overhead
Occasional
Stress Level
High at times
General notice:
The bank has reviewed the job description to ensure the essential functions and basic duties are current. This job description describes the general nature and level of work performed by the employee holding this position. It provides guidelines for the job expectations and the knowledge, skills, and abilities necessary to perform successfully in this position. This job description in no way states or implies that these are the only duties to be performed. Additional duties and responsibilities may be assigned by supervisors as deemed appropriate. This position does not constitute an employment agreement between the Bank and employee.
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Primary Responsibilities
Assist LO in prioritizing existing and prospective loan requests
Assist LO with preparing for Customer calls
Attend customer calls with LO
PM’s will be introduced to all customers above a to-be-determined TCE and will be included in future calls, as needed
Take notes and have follow up discussion with LO to ensure they agree on future potential of relationship, creditworthiness, concerns, etc.
Assist LO with underwriting loan requests
Determine what Financial Statements (FS) are required and ensure that all FS have been obtained
Ensure the customer signs the “Release of Information” form that will allow PM’s and LO’s to contact accountants directly
Create detailed Debt Schedules based on FS and discussion with customer
Review FS for accuracy and items requiring explanation and/or clarification
Obtain explanation / clarification from customers prior to spreading customer in SW
Review FS for potential ancillary bank business (i.e. Wealth Management, Treasury Management, Mortgage, etc.)
Send Financial Analysis request to CA department (or spread in SW) and act as CA’s point of contact regarding FS questions
Ensure that the financial statements have been accurately spread in SW
Discuss SW spreads with LO
Ensure all questions arising from spread are adequately explained in CM
Assist LO with preparing CM and loan package
Help establish appropriate structure for proposed debt
Help identify potential risk and related mitigants, then complete the Risk Rate Matrix
Ensure there are no non-approved Policy Exceptions
Help establish meaningful covenants and monitor compliance
Ensure all needed documentation is attached in Teslar using the prescribed naming conventions
LO will present loan requests to required level of approval authority with the assistance of PM
PMs will present requests for approval in LO absence
Attend Loan closings with LO
Post-closing Responsibilities
Clear exceptions
Collect financials in a timely manner
Monitor covenants / Borrowing Base certificates
Manage maturing loans
Facilitate renewals prior to maturity
Extend or renew maturing loans to coincide with other maturing loans of customer
Perform annual reviews, as required
Assist Loan Officers with past dues
Job Requirements
Experience Preferred
Minimum bachelor’s degree, preferably in accounting, finance, business, or related field
Minimum 2 years’ experience as PM or Commercial Lending
Advanced understanding of accounting, finance, financial statement and cash flow analysis and Guaranty Bank’s Loan Policy
Skills and Competencies
Strong verbal and written communication skills
Strong analytical and problem-solving skills
Well organized, detail oriented, and ability to multi-task
Self-starter able to work independently, as well as collaboratively
Ability to train entry level PM’s
Physical Requirements:
Physical requirements needed to perform the above essential duties, with or without reasonable accommodation, may be requested from Human Resources.
Frequency
Lbs.
90%
Standing
5%
Walking
5%
Fine Manipulation of hands
85%
Lifting
Daily
10 lbs.
Carrying
Daily
10 lbs.
Pushing/Pulling
Seldom
Rarely
Reaching/Overhead
Occasional
Stress Level
High at times
General notice:
The bank has reviewed the job description to ensure the essential functions and basic duties are current. This job description describes the general nature and level of work performed by the employee holding this position. It provides guidelines for the job expectations and the knowledge, skills, and abilities necessary to perform successfully in this position. This job description in no way states or implies that these are the only duties to be performed. Additional duties and responsibilities may be assigned by supervisors as deemed appropriate. This position does not constitute an employment agreement between the Bank and employee.
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