Portfolio Manager Details

Portfolio Manager

BancorpSouth - Brentwood, TN

Employment Type : Full-Time

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Position: Portfolio Manager

Physical Location: 5217 Maryland Way, Brentwood, TN

Reports To: EVP - Director of Home Builder Finance or Division Manager

Working Conditions: Normal, no adverse or hazardous conditions

Job Group Category: E24

Work Hours: 8:00 to 5:00 with additional time as needed

Primary Purpose:

The Portfolio Manager for the Home Builder Finance Group has a primary responsibility to oversee and assist in underwriting, structuring, documenting and monitoring an assigned portfolio of complex Builder Finance clients, under the supervision of the Regional, Divisional, or Market Leadership and in partnership with Loan Administration, Appraisal and Credit departments. The Portfolio Manager also acts as an extension of the relationship team and shares the responsibility for developing team solutions for credit, deposit and non-credit products/services. This position will also be charged with mentoring, developing, and managing future Portfolio Managers and Associate Portfolio Managers assigned to the Team.

Principal Duties and Responsibilities:

• Works with the Relationship Managers and segment Director to attract and expand targeted banking relationships and may participate in joint business development calls or make independent customer contact as needed.

• Works with the Lenders on loan origination and renewal functions which includes gathering financial information and working with the Credit Department and Analyst to prepare financial analysis. The Senior Portfolio Manager is also directly charged with overseeing in-house underwriting, to include the preparation of the Loan Application and Loan Officer Memo. The Senior Portfolio Manager will also work with the relationship team on overseeing and assisting with Portfolio company annual relationship reviews and financial analysis.

• Provides support to the Lender on loan structure, loan covenants and loan pricing, while maintaining compliance with the commercial loan policy and regulatory requirements.

• Participates in loan presentations for approval.

• Assists with drafting client presentations, proposals, term sheets, and commitment letters.

• Ensures loan documentation is complete and accurate, that it complies with bank policy and regulations and that it complies with the loan approval document.

• Working with the relationship team and as appropriate, assists in coordinating closings with outside legal counsel, title company and other vendors.

• Oversees the onboarding and maintenance of loan information on the Loan Origination System via working with the respective Lending Administrative Assistant.

• Monitors loan status (future maturities, past dues, exceptions and ticklers), borrowing base compliance and loan agreement compliance in-tandem with the respective Lending Administrative Assistant. As appropriate, may handle troubled loans or refer to special assets departments.

• Identifies opportunities for other credit, deposit and non-credit solutions.

• Directly mentors a Team of Portfolio Managers and Associate Portfolio Managers within the Team.
  

Job Specifications:

• Bachelor’s degree in Business, Finance, Accounting or acceptable field required.

• Master’s degree in Business, Finance, Accounting or related field preferred.

• Previous experience in managing a Team of Portfolio Managers, Associates, and/or Analysts preferred.

• A minimum of 4 years’ experience in a financial institution handling complex loans related to the respective Team’s targeted market in a Portfolio Manager or related capacity is required.

• Credit analysis and completion of a formal Credit Training Program is required. Education experience, through in-house training sessions, formal school or financial industry related curriculum, preferred.

• Possesses knowledge of commercial loan processing and documentation and have a working knowledge of banking regulations and policies.

• Has advanced knowledge of computer operations, mainframe systems and Google and Microsoft Office software.

• Has the ability to read, analyze and interpret tax returns, financial statements, general business periodicals, professional journals and technical procedures.

• Ability to handle complex issues and problems under minimal supervision, and refers only the most complex issues to higher-level staff. Must possess analytical thinking skills.

• Is and be detailed oriented.

• Must be a self-starter, have the ability to meet deadlines and to multi-task under pressure.

• Excellent communication and customer relationship skills, both written and orally.

• Must have a desire to thrive in a fast-paced and team-focused environment.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.