Portfolio Associate - Waterford

Job Title

Associate Portfolio Manager

Accountable for adhering to the Bank’s BSA, AML and Office of Foreign Asset Control (OFAC) applicable policies. Employee must follow specific unit procedures developed in compliance with the policies. Employee is also responsible for reporting any suspicious activity and/or transactions in accordance with the Bank’s processes and comply with any mandatory BSA, AML and OFAC training assigned.

• Coordinate with both internal and external parties during the underwriting, closing, and funding phases of each loan originated or acquired in the Secondary loan market.
• Monitor bank-wide policies regarding Leverage Lending limits and related matters.
• Provide weekly analysis of Corporate Banking Portfolio; prepare customer portfolio and other miscellaneous reports as needed.
• Monitor corporate interest rates and other pertinent metrics including other ad-hoc duties as necessary.
• Prepare quarterly board reports and leverage lending reports.
• Maintain and update Corporate Banking database and Directory as needed.
• Assist Corporate Banking Team with preparation of client presentations, preparation of waivers and amendments, credit reviews, coordinating customer meetings, including but not limited to telephone calls and visitation memos.
• Act as liaison between Corporate Banking, internal support departments and Administrative Banks.
• Request and follow-up on pending and missing legal and other documentation supporting credit assets.
• Provide acceptable turnaround times to meet client expectations.
• Coordinate with internal and external parties during and after the underwriting, closing, and funding phases of each loan originated or acquired in the Secondary market.
• Assist with reporting key corporate banking metrics to internal departments including originations, portfolio balances, and fees, disbursement and payoffs, among others.
• Prepare customer portfolio and other miscellaneous reports as needed (e.g., quarterly covenant monitoring reports & quarterly leveraged lending reports) and ensure all reports are completed in a timely manner.
• Monitor and provide weekly analysis of Corporate Banking Portfolio including past due, payment processing, and interest rate repricing as needed.
• Monitor company performance of the loan portfolio including financial performance, share price updates (if applicable), and headlines, among others.
• Acts as liaison between corporate banking and internal support departments and agent banks.
• Assist corporate banking team with preparation of client presentations, waivers/amendments, visitation memos/telephone call memos summarizing visits with clients, among others.
• Assist/ prepares credit reviews. Maintenance on all logs.
• Assist during internal and external audits.
• Will assist with Corporate Banking team as needed to acquire working knowledge of Credit Analysis.
• Resolve customer problems and complaints in accordance with First Bank Florida excellent service policy.
• Assist in implementing operational policy, ensuring transactions are processed in compliance with federal, state, and bank requirements.
• Monitor bank-wide policies regarding corporate banking & related matters including Leveraged Lending.
• Work with closing, risk, servicing, and other departments on inquiries including KYC, tickler report, pending items list, insurance, UCC, among others.
• Maintains/updates the corporate banking database:
  Lender sites, and internal OnBase Credit Files.
• Promote cross selling First Bank Florida services and products.
• Other ad-hoc duties as necessary in order to familiarize with all department areas.

Independence of judgment is according to established internal policies and guidelines.

The impact of errors on this position could affect other departments operations and an economic impact to customers and to the Bank.

Good interaction with customers and Bank’s employees.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable…