Portfolio Manager III Location

US-PA-Conshohocken Job ID 2024-2494

Positions

1

Pay Status Salaried / Exempt

Objective

The Portfolio Manager III requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.

Responsibilities/Duties

Ensure all Service Level Agreements, regulatory compliance requirements, and Bank's credit risk profiles and profitability are monitored and maintained. Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.

Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.

Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.

Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.

Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.

Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval. Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to nCino and/or other centralized systems, as well as, maintaining high quality file documentation in a paperless environment. Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity. Essential Functions

While performing the duties of this position, the employee will constantly be ascending and descending, moving about and lifting and raising objects.  Occasionally, this position requires the ability to exert up to 50 pounds in the course of a day.  This position will incur installing, operating and handling technical equipment such as personal computers, printers and servers on a daily basis.  The employee will exchange information and communicate instructions to others.  The employee will view and operate a computer terminal during sedentary work.  

Knowledge -  Skills & Abilities

3-5 years of banking experience and commercial credit Extensive knowledge of and experience with credit policies and procedures. Demonstrates the ability to coach, lead, and motivate. Strong interpersonal skills and good oral written communication skills. Knowledge of software/systems required to successfully perform job function. Must be an nCino Subject Matter Expert. Proven history of managing high volume workflows.

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.  Minority/Female/Disabled/Veteran