Portfolio Manager II

The Portfolio Manager (PM) position is being created as a training program for the Commercial Credit function of the Bank. The PM position could be a dedicated career path or lead to a Loan Officer (LO) / Relationship Manager (RM) role. The PM will partner closely with the LO to execute on the Bank’s commercial loan origination strategy and will assist LOs in managing new and existing customers with higher total credit exposure (TCE) and higher levels of risk.

• Assist LO in prioritizing existing and prospective loan requests
• Assist LO with preparing for Customer calls
• Attend customer calls with LO
• PM’s will be introduced to all customers above a to-be-determined TCE and will be included in future calls, as needed
• Take notes and have follow up discussion with LO to ensure they agree on future potential of relationship, creditworthiness, concerns, etc.
• Assist LO with underwriting loan requests
• Determine what Financial Statements (FS) are required and ensure that all FS have been obtained
• Ensure the customer signs the “Release of Information” form that will allow PM’s and LO’s to contact accountants directly
• Create detailed Debt Schedules based on FS and discussion with customer
• Review FS for accuracy and items requiring explanation and/or clarification
  • Obtain explanation / clarification from customers prior to spreading customer in SW
  • Review FS for potential ancillary bank business (i.e. Wealth Management, Treasury Management, Mortgage, etc.)
  • Send Financial Analysis request to CA department (or spread in SW) and act as CA’s point of contact regarding FS questions
  • Ensure that the financial statements have been accurately spread in SW
    • Discuss SW spreads with LO
    • Ensure all questions arising from spread are adequately explained in CM
• Assist LO with preparing CM and loan package
• Help establish appropriate structure for proposed debt
• Help identify potential risk and related mitigants, then complete the Risk Rate Matrix
• Ensure there are no non-approved Policy Exceptions
• Help establish meaningful covenants and monitor compliance
• Ensure all needed documentation is attached in Teslar using the prescribed naming conventions
• LO will present loan requests to required level of approval authority with the assistance of PM
• PMs will present requests for approval in LO absence
• Attend Loan closings with LO
• Post-closing Responsibilities
• Clear exceptions
• Collect financials in a timely manner
• Monitor covenants / Borrowing Base certificates
• Manage maturing loans
  • Facilitate renewals prior to maturity
  • Extend or renew maturing loans to coincide with other maturing loans of customer
• Perform annual reviews, as required
• Assist Loan Officers with past dues

• Experience Preferred
• Minimum bachelor’s degree, preferably in accounting, finance, business, or related field
• Minimum 2 years’ experience as PM or Commercial Lending
• Advanced understanding of accounting, finance, financial statement and cash flow analysis and Guaranty Bank’s Loan Policy

• Strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Well organized, detail oriented, and ability to multi-task
• Self-starter able to work independently, as well as collaboratively
• Ability to train entry level PM’s

Physical Requirements:

Physical requirements needed to perform the above essential duties, with or without reasonable accommodation, may be requested from Human Resources.

Frequency

Lbs.

90%

Standing

5%

Walking

5%

Fine Manipulation of hands

85%

Lifting

Daily

10 lbs.

Carrying

Daily

10 lbs.

Pushing/Pulling

Seldom

Rarely

Reaching/Overhead

Occasional

Stress Level

High at times

General notice:

The bank has reviewed the job description to ensure the essential functions and basic duties are current. This job description describes the general nature and level of work performed by the employee holding this position. It provides guidelines for the job expectations and the knowledge, skills, and abilities necessary to perform successfully in this position. This job description in no way states or implies that these are the only duties to be performed.

Additional duties and responsibilities may be assigned by supervisors as deemed appropriate. This position does not constitute an employment agreement between the Bank and employee.