Portfolio Manager
Company: CrossFirst Bank
Location: Kansas City
Posted on: October 23, 2024
Job Description:
Overview
The Portfolio Manager partners with the Banker to support the
growth and development of the loan portfolio. Provide ongoing asset
management of a loan portfolio and conducts regularly scheduled
reviews of overall asset quality, with a focus on evaluating
performance against original underwriting expectations. Evaluate
information including borrowers/sponsor financial statements, pro
forma statements, planned capex, project status reports, stress
testing, and overall analysis of the credit condition of the
borrower/sponsor.
Responsibilities
- Establish and maintain favorable relationships with current and
prospective clients.
- Identify and capture opportunities to cross-sell additional
loan and other bank products to clients; including partnering with
and referring business to internal business partners and related
experts when appropriate to drive Bank profitability and
efficiency.
- Provide support, as requested, to Underwriting, Credit and the
Senior Credit Risk Officer (SCRO) in managing loans and pipeline,
including but not limited to relaying relevant information.
- Assist in the sales process, including accompanying the lenders
on client and prospect calls as well as other sales/client-oriented
projects, to include inputting sales calls and developing call
plans alongside the banker in CRM and/or loan workflow system to
track.
- Assist the Banker with the initial screening of deals as they
are received.
- Prepare Level of Interest memos ("LOIs") and term sheets as
requested, review commitment letters, review and approve annual
loan reviews and assist in ensuring consistency with execution of
terms and conditions provided to the client.
- Analyze clients' needs; assess the client's financial position
and credit worthiness to ensure loans meet credit and financial
requirements for lending quality and compliance as determined by
the Bank's Credit Policy.
- Make critical decisions regarding credit risk supported by
substantial analysis and critical data-based decision making.
- Assist with the following: negotiate terms, structure loan
financing costs, repayment methods, collateral requirements and
rates based on risk considerations as well as present credits for
approval to LOI Committee, SCRO's and Bankers.
- Partner with the borrower to provide a preliminary assessment
of the necessity of an extension or modification and communicate
with the SCRO.
- Analyze credits and make recommendations as to whether an
extension/modification is deemed appropriate, as well as negotiate
the terms and conditions of the proposed extension or modification
terms.
- Report on the overall portfolio, including but not limited to,
ongoing financial reviews, assessing asset quality, stress testing,
industry and market analysis, competitive analysis, asset
allocation, reserves, and non-performing loan analysis.
- Review financial information to assess financial performance
and validate covenant compliance in a timely manner after receipt
of the documents.
- Participate in business and community organizations and
regularly attend networking events.
- Interact with internal and external clients while providing
extraordinary service.
- Develop and maintain trusted, positive relationships with other
employees, clients, and vendors.
- Represent the Bank in a highly professional manner.
- Complete job assignments in a professional, timely and
efficient manner; organize and prioritize work.
- Maintain confidentiality; adhere to CrossFirst Bank policies
and procedures; comply with laws, regulations, and industry best
practices.
- Reliable and predictable onsite attendance.
Qualifications
- At least 3 years of commercial banking, underwriting or
portfolio management and structuring experience.
- Formal credit training, preferred.
- Knowledge of commercial banking products and services including
credit analysis, underwriting, and treasury management products and
services.
- Demonstrated strong financial acumen and high level of
problem-solving skills.
- Salesforce/nCino experience is preferred.
- Effective communicator, results oriented, demonstrates the
ability to excel in high-pressure situations.
- Exhibit strong interpersonal skills with the ability to
cultivate long term relationships and influence others internally
and externally.
- Proven performer in a fast-paced service-oriented role ideally
from a commercial banking environment with strong knowledge and
understanding of bank products, services and operations.
- Proficient technical skills with the Internet and in Microsoft
Office (Word, Excel, Outlook).
- Bachelor's degree with exposure to Finance, Business, or
Economics courses is preferred or equivalent work experience.
- An advanced degree and/or ongoing banking seminars and other
resources is preferred. CrossFirst Bank is proud to be an Equal
Opportunity Employer. CrossFirst Bank does not accept unsolicited
resumes from search firms or agencies. Any resume submitted to any
employee of CrossFirst Bank without an authorized search agreement
will be considered unsolicited and the property of CrossFirst Bank.
We respectfully request no phone calls or emails.
Keywords: CrossFirst Bank, Overland Park , Portfolio Manager, Accounting, Auditing , Kansas City, Kansas
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