Portfolio Manager

Description

The Portfolio Manager assists in the assessment of risk and management of the Bank’s loan portfolio by providing analytical and credit oversight. The role is responsible for the annual review, renewal, loan covenant compliance reviews, and financial collection process within the assigned loan portfolio, partnering with Relationship Managers to grow and develop a high‑quality, profitable loan portfolio.

On site at a location listed in the job posting

The Portfolio Manager evaluates pertinent information to determine risk rating and whether a prospect or existing credit is an acceptable risk; identifies credit risk trends at the customer and portfolio level; and notifies management of risk changes. The role partners with Relationship Managers to meet with current and prospective clients, collect appropriate financial data, ensure accurate risk assessment, and support underwriting.

Responsibilities also include preparing financial spreads, credit presentation sheets, narratives, and loan pricing models; assisting in pricing and structuring new loans and renewals; coordinating closing and booking events; monitoring industry trends; ensuring timely renewal letters and covenant compliance; and maintaining required compliance and regulatory courses.

• Evaluates pertinent information to determine risk rating and whether a prospect and/or existing credit is an acceptable risk; identifies credit risk trends at the customer and portfolio level; notifies manager of risk changes.
• Partners with Relationship Managers to meet with current and prospective clients to understand the specific customer requirements and needs, collect appropriate financial data and information, and ensure an accurate risk assessment and thorough underwriting.
• Answers client questions; ensures all data is accurate for loan underwriting.
• Analyzes global cash flow for commercial and individual prospects, borrowers and guarantors to identify financial condition, profitability, repayment ability, operating trends, and other financial indicators.
• Prepares all required financial spreads, Credit Presentation Sheets, Narrative, Relationship Summary, and Loan Pricing Model and prepares packages for approval on all new and existing credits.
• Assists in the pricing and structure of new loans and renewals.
• Coordinates closing and booking events.
• Monitors industry trends and analyzes specific industry trend data to identify potential areas of risk.
• Ensures a 120‑day renewal letter is sent to the customer identifying the key financial information needed in advance to process the renewal request; completes loan covenant compliance and annual loan reviews and review findings.
• Completes, passes and maintains an up‑to‑date status for all positional and company required compliance and regulatory courses by assigned due date(s).
• Performs all other duties as assigned.

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed‑income, and mortgage banking services.

First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws.

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