Credit Portfolio Manager
Job Description:
The Credit Portfolio Manager aids in evaluating risk and overseeing the Bank's loan portfolio through analysis and credit monitoring, handling tasks such as annual reviews, renewals, ensuring compliance with loan covenants, and managing financial collections for designated loan portfolios. Collaborates with Relationship Managers to enhance and expand a top-notch and financially rewarding loan portfolio.
Benefits:
- Medical benefits with wellness incentives, as well as coverage for dental and vision services, are included in the package.
- A Health Savings Account (HSA) paired with an employer contribution.
- Maternity and parental leave refer to the time off that employees, typically new parents, are allowed to take from work to care for a newborn or newly adopted child.
- Tuition reimbursement.
- Mentor program.
- An employer-sponsored 401(k) plan that includes a 6% matching contribution from the employer.
Responsibilities:
- Assess relevant details to establish a risk score and evaluate whether a potential or current credit is deemed acceptable for risk.
- Recognize fluctuations in credit risks within individual customers and across the entire portfolio, and inform management of any shifts in risk profiles.
- Collaborate with Relationship Managers to engage with existing and potential clients in order to comprehend their individual needs and requests.
- Gather relevant financial information to ensure precise risk evaluation and comprehensive underwriting analysis.
- Address client inquiries and verify the correctness of all information for the loan underwriting process.
- Examine the worldwide monetary movement for business and personal clients, debtors, and those offering guarantees.
- Create financial documents, including spreadsheets, credit presentations, narratives, relationship summaries, and loan pricing models.
- Help with setting the prices and terms for fresh loans and extensions.
- Organize the finalization of loan closures and booking procedures.
- Keep track of current industry developments and examine sector-specific information to pinpoint potential hazards.
- Send out letters for renewal every 120 days and conduct thorough assessments to ensure adherence to loan agreements and annual evaluations.
- Adhere to all necessary regulatory guidelines and complete mandatory training programs.
- Execute any additional tasks as required.
Qualifications:
- Possession of a bachelor's degree in business, finance, accounting, or relevant professional background.
- A minimum of two years of experience is required, with a preference for two to four years.
- Proficient in the analysis of data and evaluation of credit risks.
- Having a focus on objectives with excellent skills in overcoming challenges.
- Strong abilities in fostering relationships and communicating effectively with others.
- Possessing proficient grammar, typing, and spelling abilities.
- Excellent abilities in organizing and managing time effectively.
- Possessing advanced skills in Microsoft Office Suite including Word, Excel, PowerPoint, and Outlook.
First Horizon Corporation is a prominent regional financial services firm committed to assisting clients, communities, and employees in realizing their maximum potential through financial resources and guidance.