Senior Portfolio Manager

ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $145,000.00 and $175,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.
To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

Role Description

As part of the Diversified Industries vertical, the Sr. Portfolio Manager will play a crucial role in the execution of credit facilities for new and existing customers in a broad range of industries (C&I lending), with an emphasis on formula-based ABL facilities. Responsible for the evaluation, structuring, preparation and review of credit memos for proposed and existing credit facilities, generally in the amount of $5,000,000 to $25,000,000. Position requires an advanced working knowledge of the technical/analytical aspects of commercial loan underwriting including the evaluation of (i) cash flow, income statement and balance sheet financial analysis, collateral quality, enterprise valuation, (ii) financial analysis of and management capacity of individual and corporate guarantors, (iii) market/industry trends & risk, and (iv) knowledge of loan participation/syndications. Assists Relationship Managers and in developing, recommending, implementing, and monitoring the loan portfolio, and manage risk consistent with the Bank’s underwriting standards. Significant experience with ABL transactions strongly preferred.

Principal Duties & Responsibilities

• Responsible for the ongoing maintenance and monitoring of their assigned portfolio, as well as underwriting new transactions.
• Preparation or review of Pre-Screen reports of prospective borrowers and guarantors.
• Preparation of Credit Approval Reports for submission to Credit Administration, including loan summary, credit analysis of applicant, and applicable backup data. Ensure that underwriting is complete and consistent with credit policies, procedures, and methodologies.
• Deal presentation on loan approval committee meetings when required.
• Prepares other written reports as required as part of the loan relationship management.
• Manages the process, as required, to ensure timely loan closings.
• Manage and maintain assigned loan portfolio to ensure timely modification, extension, renewals, and annual reviews are completed as necessary.
• Review of periodic Borrowing Base / collateral analysis for early detection of potential weaknesses.
• Develops and maintains good relationships with Division Head, Relationship Managers, Credit Analysts & customers.
• Maintains current knowledge of the Bank’s loan policies and Risk Rating System.
• Provides assistance and training of junior loan officers within the department in coordination with the Portfolio Manager Team Lead.
• Performs duties/special projects, as necessary, and other related duties of which the above are representative.

Qualifications and Skills

Education: BA/MBA in business, accounting, and/or finance, or equivalent experience.

Experience: Thorough knowledge of ABL and commercial lending in the Middle Market and/or Mid-Corporate space, generally acquired through a minimum of 10 years related experience.

Skills/ Qualifications: Knowledge of all technical aspects of commercial loan underwriting, attention to details, superior time management and prioritization skills, proficient oral and written communication skills.

EOE STATEMENT
SMBC provides reasonable accommodations du