This job has expired, please see additional jobs below
Portfolio Manager
Citizens Bank
Warwick, RI, United States
Job Details - this job has expired, please see similar jobs below
Description
The Portfolio Manager II position is responsible for effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support of pooled or individual portfolio.
The Portfolio Manager II position will have CFG delegated single signature Credit officer lending authority up to $1.0 Million.
• Ensuring overall portfolio performance and asset quality remains strong and is able to independently address and develop strategies and actions to resolve issues that could increase risk and/or create loss for the Bank.
• Independently interact with Senior Management, Sales Team, Credit Products Officer and/ or Credit Officer, in order to discuss and resolve risk related issues.
• independently reviews financials, makes recommendations and/or approves for annual review/renewal and/or modifications within delegated lending authority.
• Perform the functions of the position with only periodic oversight and is expected to perform with general supervisory intervention.
Qualifications
• 3-5 years of experience and exhibited competency in various aspects of commercial lending /portfolio management including financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices.
• Expected to have some level of credit and documentation experience.
• Skilled in proposing and negotiating and approving credit and covenant structures.
• Must demonstrate practical and conceptual knowledge of credit and risk analysis
• Equivalent work experience may be considered as an alternative to formal degree program completion.
• General knowledge in financial modeling and able to structure credit in modeling environment.
• Ability to assist Relationship Managers on how to structure the credit relationship.
• Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to Bank.
• Good understanding of industry nuances applicable to the credits contained within group’s portfolio.
• General knowledge of loan and related legal documents.
• Strong communication skills; and ability to influences others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
• Bachelor's Degree in Business Administration, Finance, Accounting and/or Economics preferred.