Portfolio Manager - Renewable Power & Project Finance

PORTFOLIO MANAGER I - Renewable Power & Project Finance

WHAT IS THE OPPORTUNITY?

The Portfolio Manager is part of the Renewable Power & Project Finance Credit Management team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits.

Primary responsibilities include:

• Provide financing for renewable power projects sponsored or supported by strategic asset manager relationships within Specialty Banking
• Transaction types include revolvers/TLs for project construction and mini permanent financing
• Provide comprehensive credit recommendations and presentations to key risk partners related to prospect(s) and existing clients of the bank (including moderate to complex new credit structures, modifications, and extensions) based on a comprehensive review of the borrower(s) and guarantor(s)' financials (which may include current and historical financial statements, tax returns, projections and/or cash flow proformas.)
• Present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures.
• Respond to their clients' credit needs with an elevated level of client service and credit acumen to address their needs appropriately and timely.
• Responsible for the ongoing oversight and management of its portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports.)

WHAT WILL YOU DO?

• Teamwork:
  Mentors junior colleagues, fosters a culture of continuous improvement and professional growth.
• Portfolio Management:
  Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.
• Credit Analysis:
  Analyzes credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
• Performance Monitoring:
  Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
• Data Analysis:
  Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
• Risk Management:
  
  Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank's credit risk appetite, and compliance with institutional and regulatory requirements.
• Collaboration:
  
  Partners with Relationship Manager(s) to successfully manage credit account relationships. Work closely with cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank's strategic initiatives. Participate in ad-hoc projects to support the organization's priorities.
• Client Service:
  Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s).

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent in Finance, Business, or related field
• Minimum 4 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries

Additional Qualifications

• Basic experience in credit management and lending operations, with a strong understanding of risk management principles
• Desire to build leadership and coaching skills, with the ability to train and develop talent
• Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams
• Basic analytical skills, with the ability to interpret complex data and make informed decisions
• Industry-specific knowledge and expertise in Renewable Power & Project Finance

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated…