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Franchise Finance Portfolio Management Team Lead
Citizens Bank
Boston, MA, United States
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Description
Manages a team of General Restaurant Portfolio Managers and Credit Analysts on Citizens’ Franchise Finance team including those who underwrite and manage both sole bank, club deals and syndicated transactions and relationships.
•Responsible for all aspects of portfolio management including transaction structuring, due diligence and underwriting, credit approval, reporting/credit monitoring and problem loan identification
•Intensively involved in credit actions (deal screens, approval of new business and amendment requests and Watchlist) on a credit-intensive, non-investment grade portfolio
•Assures that all Portfolio Managers & Credit Analysts are trained and kept up to date on Citizens Bank credit policy as well as credit issues affecting the general economy
•Actively ensures compliance with federal regulations and Citizens Bank policies
•Actively involved in assessing, developing and implementing credit and compliance policies
•Designs and monitors internal systems to assure that all assigned work and ongoing monitoring is completed on a timely basis and in a manner that complies with all Citizens Bank internal policies
•Prioritizes work that is assigned to the group, assure that work is appropriately distributed among the team members and is responsible for objective quality control of group’s analytical and reporting work product to include accurate application of credit, risk, and other policies and practices required to effectively manage risk exposure and loss to the Bank
•Achieve satisfactory or better ratings from Credit Review and Compliance and meet compliance targets for annual reviews, risk ratings, and covenant compliance monitoring
•Liaise with Portfolio Management Team Leader, Credit Risk and workout colleagues on deteriorating credits, Facilitate the transfer or the exit of relationships with declining credit structures
•Responsible for performance management process and professional development for direct reports
•Largely internally focused interacting with Portfolio Managers, Relationship Managers, Division Executives, Credit Officers and Senior Management
•Externally meets with customers/prospects to actively negotiate deals and solve customer/prospect requests and problems
•Is viewed as a trusted advisor on credit and portfolio management issues/challenges
Qualifications
·10 plus years commercial banking experience which may include Mid Corporate, Middle Market and/or other areas of Corporate Banking (Mid Corporate and Middle Market preferred), Restaurant banking experience a plus.
·Exhibits strong level of knowledge of commercial banking sales, commercial banking products, credit, risk, and administration practices and processes
·Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures
·Balanced approach to enable focus on both business unit goals and risk management objectives
·Skilled at developing and implementing both strategic and tactical solutions in support of portfolio administration and business unit goals and objectives
·Able to multi task and function under pressure to meet deadlines
·Excellent organizational skills and high attention to detail
·Strong written and verbal communication and negotiation skills
·Focused on client experience/ customer service
·Flexible change agent able to lead and handle both process and organizational changes
·Experience with direct reports including managing day to day activity as well as annual performance reviews and mentor/coaching/development from entry to expert level colleagues
·BA/BS degree, and/or MBA preferably in Finance, Business Administration or Accounting
Hours & Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday
Why Work with Us
At Citizens, you’ll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment and Opportunity Employer/Disabled/Veteran
It is the policy of Citizens Bank and Citizens Securities, Inc. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Opportunity & Affirmative Action Employer Disabled/Veteran
Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries, and Citizens Bank of Pennsylvania.