Fifth Third Bank Commercial Portfolio Manager II in Houston, Texas
Fifth Third Bank is one of the top-performing banks in the country, with a heritage that spans more than 150 years. We've staked our claim on looking at things differently to making banking a Fifth Third Better. This applies to our relationships with customers and employees alike.
We employ about 18,000 people, and what we offer is:
# A chance for employees to build their future, with supportive career development and financial wellness programs.
# An environment where we win together. We celebrate achievement and work collaboratively. We're also a three-time Gallup Great Workplace honoree.
# An invitation to impact lives in a positive and lasting way. Everything we do is geared toward improving lives. That's fun and exciting.
It comes down to the fact that Fifth Third is a warm and caring place to with which to grow # as a customer or as a team member.
Fifth Third Bank's Wholesale division offers banking, cash management, and financial services to large and middle market businesses, government, and specialized industries. In addition to traditional lending and depository offerings, our commercial products and services include global cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, commercial leasing, and syndicated finance. We are a team of professionals focused on delivering innovative and client-specific solutions that leverage the Bank's expertise in treasury management, capital markets, and international products and services. Our sales process drives the delivery of financial solutions through a relationship team consisting of subject-matter experts who ensure all aspects of our client's needs are assessed and met.
GENERAL FUNCTION: The Portfolio Manager is key member of the "coverage team", managing transactions and business portfolio tasks. PMs are expected to be intimately involved in in the deal process, making recommendations on appropriatecreditstructures,pricing, etc. PMs are directly accountable for managing a portfolio of accounts through their review of updated financial statements, proactive monitoring, and interaction with the Credit Analyst.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, andensuresthatactions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
.Accountable for managing a portfolio of accounts
.Review and recommend credit decisions
.Partners with the Relationship Manager, forming the "coverage team" to:
-Meet with clients and participate in business development calls
-Assess prospective client's viability for credit
-Define borrowers and guarantors, deal structure, credit terms and conditions, and financial covenants
-Generate commitment letters
.Assist in providing business partners credit lending policy interpretation
.Perform final risk rating analysis
.Capture and document credit decisions, conditions, and modifications
.Collaborates with the Credit Analyst to perform Portfolio management duties such as:
-Establish and maintain investor group on Lender Portal
-Perform monitoring action and conduct periodic deal review
-Execute decisions to renew or modify deals
.Communicate directly with clients regarding credit events and actions as needed
.Works independently to pitch a more complex deal structure
.A focus on continuous learning to keep up with ever-changing market dynamics
.Mentor to more Junior PMs and Credit Analysts
SUPERVISORY RESPONSIBILITIES: None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
.Bachelor's degree in Business (e.g. Business Administration, Finance, or Accounting)
.At least 6 years credit analysis and/or loan review experience in Commercial Banking
.Advanced analytical skills, critical thinking and verbal and written communication skills
.Professional presence (client-facing)
.Experience managing an advanced commercial client portfolio with some degree of complexity
.Ability to partner with all deal stakeholders including clients, relationship manager and credit teams
.Expertise in financial and risk analysis, including financial modeling
.Demonstrated expertise in using effective problem solving
.Proficient with technology and ability to learn new applications
.Normal office environment with little exposure to dust, noise, temperature and the like.
.Extended viewing of a CRT screen.
.Some travel required.
Fifth Third Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.