Loan Portfolio Manager
Job Description:
In overseeing risk evaluation and management of the Bank's loan portfolio, the Loan Portfolio Manager conducts analysis, supervises credit operations, and is accountable for yearly assessments, renewals, monitoring loan covenant compliance, and handling financial collections for designated loan portfolios. Collaborates with Relationship Managers to promote the expansion and profitability of a high-quality loan portfolio.
Benefits:
- Included in the benefits are medical coverage with wellness perks, as well as dental and vision benefits.
- An employer-matched Health Savings Account (HSA) for medical costs.
- Maternity and parental leave entitlements vary among countries and organizations, with some offering generous paid time off while others provide only the minimum required by law.
- Tuition reimbursement.
- Mentor program.
- A company-sponsored 401(k) plan with a 6% employer match.
Responsibilities:
- Evaluate significant data to establish a risk rating and to make a judgment on whether a potential or existing credit poses an acceptable level of risk.
- Identify evolving credit risk trends within customer accounts and the portfolio, and inform management about any changes in risk exposures.
- Collaborate with Relationship Managers during client meetings to ensure a thorough understanding of the distinct needs and expectations of clients.
- Collect pertinent financial information to facilitate precise risk assessment and thorough underwriting analysis.
- Clarify client inquiries and ensure the precision of all data needed for loan underwriting.
- Study the global financial flow concerning commercial and personal clients, borrowers, and individuals acting as guarantors.
- Produce financial spreads, credit presentation sheets, narratives, relationship summaries, and loan pricing models for analysis.
- Aid in the formulation of rates and terms for new loan arrangements and renewals.
- Oversee and synchronize the loan closing and booking processes.
- Stay informed about industry trends and analyze sector-specific data to uncover potential risks.
- Monitor the sending of renewal letters every 4 months and undertake detailed examinations to ensure compliance with loan covenants and yearly reviews.
- Comply with all required regulatory standards and training mandates.
- Complete any further tasks as allocated.
Qualifications:
- Qualification with a bachelor's degree in business, finance, accounting, or similar work background.
- Two to four years of experience is the preferred range, with a minimum requirement of two years.
- Shows proficiency in utilizing analytical methods for credit underwriting purposes.
- Strongly motivated by objectives and skilled in tackling obstacles.
- Outstanding talent in cultivating relationships and engaging in effective interpersonal communication.
- Skilled in grammar, typing, and spelling proficiency.
- Possesses impressive organizational and time-management abilities.
- Demonstrates proficiency in Microsoft Office programs, including Word, Excel, PowerPoint, and Outlook.
First Horizon Corporation sets itself apart as a leading regional financial services company that is devoted to helping clients, communities, and employees unlock their full potential through capital and advice.