SAG-Senior Portfolio Manager-Virtual

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GENERAL FUNCTION:
The Special Assets Senior Portfolio Manager is a key member of the “coverage team”, directly accountable for managing a portfolio consisting of larger, highly complex, stressed banking relationships through their review of updated financial statements, proactive monitoring, and interaction with the Credit Analysts and SAG Relationship Managers. The Special Assets Senior Portfolio Manager will typically support a portfolio in the Vertical group, or in the Upper Middle Market group within the Regions, and is expected to be a contributing member of the deal team, managing very complex work out strategies and multiple large corporate and specialty business portfolio tasks.

This candidate would be expected to be intimately involved in making recommendations on appropriate credit structures, pricing and making certain that workout strategies are consistent with Bancorp credit and risk policy, etc. Additionally, the Senior PM will develop knowledge of the specifics related to the clients being supported, including unique credit arrangements and complexities within the industry. The Senior PM will interact with clients to understand their current performance and proactively identify potential risks at the account and portfolio level.

Directly accountable for managing a portfolio of accounts through their review of updated financial statements, proactive monitoring and interaction with Credit Officer, Relationship Team as well.

Responsible for completion of approval memos for their assigned portfolios, with well thought out recommendations and credit analysis. The PM IV will interact with internal and external clients, consultants and legal counsel in aneffort to proactively understand their goals, their current performance, and their needs. They will also have a detailed understanding of the bankruptcy process and how it effects the work out strategy.

The PM IV uses this client knowledge as well as the help of the CO and SCO to assess the appropriateness of existing strategies and to contribute to the formulation of future strategies.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Accountable for managing a portfolio of highly complex accounts in support of the Special Assets Director, Team Lead, and/or Workout Officers, relying on deep experience with credit analysis, loan review and/or banking industry.

Client contact with some of the most difficult credit relationships, in sometimes confrontational situations.

Undertake analysis of industries and relevant peer groups within them to determine key industry drivers and how these affect individual market participants. Such analysis to be factored into client specific or industry wide credit reports.

Ability to affectively interact with outside legal counsel and consultants.

Managing the credit transactions process; from the approval process and communicating with various involved groups (e.g. different product groups on a complex transaction) through to arranging for processing of details and changes into the bank's own internal systems.

Preparation, review and negotiation of documentation related to…