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Portfolio Manager
Union Bank
Sacramento, CA, United States
Job Details - this job has expired, please see similar jobs below
Overall Purpose of Job: Under general direction, responsible for underwriting, structuring, and producing financial and market analysis as a critical part of the asset generation process for the delivery of credit products and services to customers and prospects. This role will manage a portfolio of Regional REI client credit relationships as assigned.
Major Responsibilities:
Portfolio Management (50-70%):
• Primary responsibility for underwriting, structuring and completing approval requests.
• Will typically work on the Regional REI’s less complex accounts and may assist senior PMs in the preparation of credit actions.
• Collaborate to achieve improved cross sell opportunities in collaboration with RMs leading to increased customer share of wallet.
• Initiate and ensure completion of all required loan documents and agreements fully represent all facets of credit underwriting and approval package terms and conditions.
• Conduct ongoing credit monitoring to ensure highest credit quality of assigned portfolio.
• Recognize and communicate potential credit quality issues within the Bank.
• Work as part of a team to deliver both credit products and non-credit services to clients and prospects.
• Call regularly on existing clients to obtain information that supports borrowers risk profile and obtains information necessary for effective credit monitoring.
Relationship Management (10-30%):
• Responsible for increasing NOI of existing customers on an annual basis through underwriting new/renewal credits.
• Act as an auxiliary point of contact to the RM for certain clients. In these relationships, will be responsible for both underwriting and marketing functions.
• Assist marketing team to identify cross-selling opportunities to meet the Division’s income generation goals.
• Provide training to Credit Analysts within the Regional REI.
Risk Management (20%):
• Demonstrate knowledge of and is sensitive to the current regulatory environment; adhere to the bank's Risk Vision, and risk management policies and programs; recognize and proactively address risk (including but not limited to those associated with Bank Secrecy Act, anti-money laundering, consumer compliance, fair lending, fiduciary responsibilities, and privacy); identify and appropriately manage risks.
• Ensure top quality data input in all bank systems such as CRECM, AFS, ESB, RACER, REIG@TOPS, RA, etc.
Qualifications
Business and Technical Knowledge
• General knowledge of REI’s product partner offerings, including transaction banking, capital markets, derivatives, wealth management, standby letters of credit, and third party DUS relationship.
• Basic knowledge of current regulatory environment.
• Basic understanding of bank’s Credit Policies and Procedures as it relates to the loan origination and ongoing management process.
• Typically require mentoring and oversight from senior PMs and Portfolio & Underwriting Manager in achieving sales goals
Experience and Education
• Must have experience in wide array of commercial and commercial real estate related credit products to include construction, bridge, and permanent loans.
• Normally requires 3-5 years commercial real estate banking experience or equivalent real estate related industry.
• Proven basic fundamental real estate analytic skills. Understanding of credit underwriting, structuring skills and banking/capital markets products.
• Results oriented.
• Good interpersonal and negotiating skills (both internal and external).
• College degree or equivalent professional experience.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.