Portfolio Manager II

Address We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change.

We are one team, working together to get things done.

Office

Location:

Fort Worth, Texas, United States

• The primary function of the position is working with the SVP of Portfolio Management and the EVP of Commercial Banking on credit underwriting and post-closing/ongoing risk management of higher exposure loan relationships within the organization.
• Additional functions include collaboration with the Corporate Lending, Credit Administration, Credit Analysis, and Loan Review teams to maintain high quality credit and risk management for the Bank’s Loan Portfolio.
• The primary function is the origination support and ongoing risk management of higher exposure loan relationships to reduce the likelihood of significant losses due to defaults.
• Preferred experience includes loan structuring, closing, monitoring, and workout to ensure the loan portfolio is maintained with the highest level of oversight.
• The position would also partner with the Chief Credit Officer and Credit Administrators to build future middle market lenders within the organization.

• Portfolio Management
• Work directly with Commercial Lenders in every Bank market on certain credits requiring advanced expertise and monitoring
• Work closely with Credit Administrators and Chief Credit Officer to ensure oversight and portfolio maintenance adheres with Bank credit policy and risk appetite
• Financial Reporting and Financial Covenant monitoring/tracking of certain credits as assigned
• Calculate Financial Covenant ratios within the parameters of Loan Agreements and reconcile discrepancies between the Bank and borrowers
• Obtain financial information from clients within parameters of Loan Agreements
• Analyze financials on existing relationships and prepare updated loan file memos and approval memos
• Review Closing Documents to ensure alignment with approved terms by loan committee
• Review Loan Agreements to ensure all necessary Financial Covenants, Reporting Requirements, and other requirements are clearly and correctly defined
• Work with Lenders to correct any discrepancies/inconsistencies between approved terms and Loan Agreements
• Direct the monthly Annual Review process to ensure timely completion of higher exposure loan relationships within the organization
• Generate financial ratios, using computer programs, to evaluate customers’ financial status
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay
• Keep up to date with company’s lending protocols
• Other Tasks
• Manage Borrowing Base monitoring.
• Review monthly borrowing bases and instruct Loan Operations to cap availability in Jack Henry Direct Problem Loan Reports process quarterly and coordinate on classified loans over $750M
• Prepare and deliver informational presentations to Lenders and Senior Management
• Create legal documentation due to an Event of Default
• Assist with any audits/risk reviews, including coordinate responses, monitor action steps for remediation, etc.
• Develop and maintain a positive rapport with the Credit/Risk Management Team and adhere to policy standards within the loan portfolio
• Assist the team during vacations/absences as necessary
• Provide sales & customer service support as necessary, be available for joint calling efforts with the team and Senior Management
• Communicate with…