Portfolio Manager II

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We’re always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you’re challenged, valued and empowered every day. We strive to be the best destination for the industry’s top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

Office Location:

Fort Worth, Texas, United States

SCOPE/CONTACTS:

The primary function of the position is working with the SVP of Portfolio Management and the EVP of Commercial Banking on credit underwriting and post-closing/ongoing risk management of higher exposure loan relationships within the organization.

Additional functions include collaboration with the Corporate Lending, Credit Administration, Credit Analysis, and Loan Review teams to maintain high quality credit and risk management for the Bank’s Loan Portfolio.  The primary function is the origination support and ongoing risk management of higher exposure loan relationships to reduce the likelihood of significant losses due to defaults.

Preferred experience includes loan structuring, closing, monitoring, and workout to ensure the loan portfolio is maintained with the highest level of oversight. The position would also partner with the Chief Credit Officer and Credit Administrators to build future middle market lenders within the organization.

ESSENTIAL FUNCTIONS:

• Portfolio Management
• Work directly with Commercial Lenders in every Bank market on certain credits requiring advanced expertise and monitoring
• Work closely with Credit Administrators and Chief Credit Officer to ensure oversight and portfolio maintenance adheres with Bank credit policy and risk appetite
• Financial Reporting and Financial Covenant monitoring/tracking of certain credits as assigned
• Calculate Financial Covenant ratios within the parameters of Loan Agreements and reconcile discrepancies between the Bank and borrowers
• Obtain financial information from clients within parameters of Loan Agreements
• Analyze financials on existing relationships and prepare updated loan file memos and approval memos
• Review Closing Documents to ensure alignment with approved terms by loan committee
• Review Loan Agreements to ensure all necessary Financial Covenants, Reporting Requirements, and other requirements are clearly and correctly defined
• Work with Lenders to correct any discrepancies/inconsistencies between approved terms and Loan Agreements
• Direct the monthly Annual Review process to ensure timely completion of higher exposure loan relationships within the organization
• Generate financial ratios, using computer programs, to evaluate customers’ financial status
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay
• Keep up to date with company’s lending protocols

Other Tasks

• Manage Borrowing Base monitoring. Review monthly borrowing bases and instruct Loan Operations to cap availability in Jack Henry
• Direct Problem Loan Reports process quarterly and coordinate on classified loans over $750M
• Prepare and deliver informational presentations to Lenders and Senior Management
• Create legal documentation due to an Event of Default

Assist with any audits/risk reviews, including coordinate responses, monitor action steps for remediation, etc.

• Develop and maintain a positive rapport with the Credit/Risk Management Team and adhere to policy standards within the loan portfolio
• Assist the team during vacations/absences as necessary
• Provide sales & customer service support as necessary, be available for joint calling efforts with the team and Senior Management
• Communicate with customers on behalf of the Bank

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in accounting, finance, or business administration with a minimum level of accounting background
• Formally credit trained and demonstrated experience and judgment with credit decisions and analysis
• Minimum ten years’ experience working with limited supervision
• Demonstrated experience, knowledge and judgment with structure, credit decisions, and analysis
• Able to grasp and understand C&I, C&D, and CRE concepts and structures
• Able to prepare comprehensive, cohesive, detailed written analysis and narrative
• Demonstrated above average written and oral communication skills
• Familiar with PCs and PC software, specifically Microsoft applications (Excel, PowerPoint, Word, etc.)
• The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.
• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
• The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)