VP, Portfolio Manager Lead

$/Yr.

- $/Yr.

Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

This is a commission eligible role.

The VP, Portfolio Manager Lead - Fund Finance is responsible for leading a team of Portfolio Managers and Analysts supporting a portfolio of fund finance relationships, including subscription credit facilities, NAV-based lending, hybrid facilities, and other financing solutions provided to private investment funds. This role oversees portfolio performance, credit quality, risk management, covenant compliance, borrowing base monitoring, and ongoing sponsor relationship management while ensuring adherence to the Bank's credit policies and regulatory requirements.

The VP, Portfolio Manager Lead serves as a strategic partner to Originations, Underwriting, Credit Administration, Operations, Legal, and senior leadership to support portfolio growth, maintain strong asset quality, and deliver exceptional service to fund sponsors and institutional investors. This position plays a critical role in balancing prudent risk management with business development objectives in a dynamic and specialized fund finance environment.

• Lead, mentor, and develop Portfolio Managers and Credit Analysts supporting fund finance relationships
• Oversee portfolio performance, credit quality, risk ratings, covenant compliance, borrowing bases, and overall portfolio health
• Review fund financial reporting, investor concentrations, capital commitments, and portfolio performance to identify emerging risks
• Serve as the primary escalation point for credit concerns, covenant breaches, portfolio exceptions, and problem credits
• Ensure timely completion of annual reviews, renewals, amendments, waivers, and periodic risk assessments
• Partner with Originations, Underwriting, Credit Administration, Operations, and Legal to support new transactions and existing relationships
• Approve credit memoranda, risk-rating recommendations, amendments, and portfolio management decisions within delegated authority
• Monitor portfolio concentrations, industry trends, sponsor performance, and market risks
• Participate in credit committees, regulatory examinations, audits, and policy initiatives
• Drive consistency in portfolio management practices, risk oversight, reporting, and underwriting standards across the platform
• Implement process improvements, management reporting, and performance metrics to enhance efficiency and portfolio oversight
• Support strategic growth initiatives while maintaining disciplined credit risk management and strong asset quality

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field
• 6+ years of experience in commercial banking, fund finance, portfolio management, credit underwriting, or credit risk management
• 2+ years of leadership or team management experience
• Strong knowledge of fund finance structures, including subscription credit facilities, NAV lending, borrowing bases, covenants, and credit documentation
• Experience analyzing private investment funds, sponsor-backed transactions, investor capital commitments, and portfolio performance
• Strong financial analysis, risk assessment, and problem-solving skills with the ability to identify emerging credit risks
• Proven ability to lead teams, collaborate across business functions, and communicate effectively with internal and external stakeholders
• Proficiency in Microsoft Office and portfolio management systems
• Formal credit training and prior fund finance experience preferred

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a…