Private Bank, Underwriting Portfolio Manager (Business Banking)

As the Private Bank, Underwriting Portfolio Manager (Business Banking), you will be responsible for reviewing and underwriting loan requests under the Commercial Credit Policy up to TCL $10MM. Underwriting and recommendations should be based on sound credit judgment with particular emphasis on adherence to credit policy and requirements, bank’s risk culture, financial analysis/modeling, risk evaluation and mitigation and proper loan structuring. The incumbent is responsible for underwriting and recommending for approval within SLAs and meeting production requirements. They will independently interact with senior management, sales team, credit products manager and credit officers to discuss and resolve risk related issues. This role independently reviews financials, proposed loan structure, collateral and due diligence and makes recommendations of new money requests for approval. Aggressively seeks alternative means of financing or counter offers for all borrowers when it is determined that the original request cannot be accommodated. The Private Bank, Underwriting Portfolio Manager (Business Banking) will perform the functions of the position with periodic oversight and is expected to perform with reasonable general supervisory intervention. They will be responsible for underwriting the simple and complex relationships within the group.

 

Primary responsibilities include

• Evaluates appropriateness of loan structure with Relationship Managers (RMs) and Credit Product Managers (CPMs) as needed to meet client needs for new loans while ensuring Citizens’ credit risk profiles are maintained.
• Assumes the responsibility to protect and preserve the integrity of Citizens’ risk appetite while accurately assessing and managing risk.
• Assures compliance with commercial credit policy and risk acceptance criteria. Effectively maintains high quality credit file documentation in a paperless environment. Applies credit skills, product knowledge, industry analysis, and sound judgment to assess and manage credit risk effectively.
• Exhibits knowledge of various types of loan terms, structures, and conditions and understanding of loan documentation.
• Actively and Effectively Manage multiple clients and transactions to meet production expectations as measured by goal setting metrics’ production commensurate with type & complexity of underwriting package. Consistently adheres to all service level agreements. credit experience and skill set with the moderately complex credits, with moderately complex organization structures, documentation, moderately complex covenant structures and/or collateral structures.
• Exhibits comprehensive written and verbal communication skills.
• Regularly interacts with and develops relationships with existing RMs & CPMs.
• Duties may also include mentoring junior colleagues, proactively building relationships both within department and across business units.
• Shows ability to make recommendations to Credit Officers around credit decisions.
• Develops an understanding of cross sell services and can convey benefits of such on assigned portfolios.

 

Qualifications

• Bachelor’s Degree required; master’s degree preferred
• 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 high level of credit and documentation experience.  
• Must be skilled in proposing and negotiating and recommending credit and covenant structures for approval.
• Must demonstrate practical and conceptual knowledge of credit and risk analysis.
• Strong communication, presentation, and problem-solving skills
• Poses high attention to detail ensuring accuracy and completion 

 

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reprod