Associate Portfolio Manager

Description

Citizens Bank is seeking an experienced Portfolio Manager to join our Team. The Portfolio Manager is responsible for effective credit and risk administration with particular emphasis on adherence to credit policy and requirements, financial analysis/modeling, risk evaluation, on-going portfolio maintenance activities, and as needed client support for an assigned portfolio of Business Banking clients

Responsibilities:

• Support a portfolio of clients and anticipate portfolio problems and take action to develop solutions, handle multiple demands and competing priorities to meet deadlines.
• Support assigned portfolio including, but not limited to:  tracking of delinquency, exceptions, matured loans, collateral monitoring, financial statement receipt and analysis, covenant compliance monitoring, annual review process, proper completion and validation of credit grading models, quarterly/monthly monitoring requirements, and needed modifications.
• Provide client management support for assigned portfolio.  
• Ensuring overall portfolio performance and asset quality and be able to independently assess, and work with Relationship Managers to develop strategies and actions to resolve risk issues.
• Assuring compliance with Citizens Bank Business Banking credit policy.  Effectively maintains high quality credit file documentation.  Applies credit skills, product knowledge, and sound judgment to assess credit risk.  
• Understands and stays abreast of industry information related to the customer segment and/or industries represented within the assigned portfolio.  
• Actively engage with Relationship Managers on progress, issues, and challenges.
• Exhibit expert knowledge or clients/credits included in the portfolio when interacting with peers, relationship manager, team leader, and senior managers across departments/work teams.

Qualifications - External

• Bachelor’s Degree in Business, Finance, Accounting, Economics, or equivalent work experience. 
• 3+ years of relevant experience.
• Expected to have highly advanced level of credit experience, documentation experience in proposing and negotiating, both internally and externally, credit and covenant structures and documenting loans.
• Highly skilled in financial modeling and able to quickly structure credit in modeling environment. 
• Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to Bank.
• Has deep understanding of industry nuances applicable to the credits contained within assigned portfolio.
• Displays understanding of capital structures, with knowledge of the difference between senior and other layers of debt.
• Highly developed communication skills; and ability to influences others by persuasively presenting thoughts and ideas to gain commitment and agreement for proposed ideas and solutions.
• Strong PC Proficiency and Microsoft Office applications, and strong presentation development and delivery skills.   
• Ability to navigate internal software systems 
• Excellent written and verbal communication skills.  

Hours and Work Schedule

Hours per Week: 40 hours 

Work Schedule: Monday - Friday 

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.