Asset Finance Portfolio Management Team Lead

Description

The Asset Finance Portfolio Management Team Leader is responsible for the P&L outcomes of the business vertical, which include the credit, documentation and portfolio management functions, with an objective of meeting or exceeding budgeted volume targets while maintaining high credit quality standards / minimizing losses and ensuring the business needs are met in an efficient and compliant manner. 

Responsibilities to include:

• Develop and manage a team of individuals responsible for credit, portfolio management and documentation within the designated region, including assigning new credit submissions, managing workload responsibilities, ensuring portfolio compliance with all applicable regulatory and commercial credit policy guidelines, and ensuring team has necessary resources to carry out their responsibilities (such as training, head count, system access, etc.). Delegate responsibility for the direction of the vertical while ensuring that the vision of executive management strategy is carried out.
• In conjunction with senior management and sales managers, drive new business growth that provides an acceptable return for the bank while minimizing potential credit risk. This position is responsible, along with other senior managers, for the financial results of the business vertical. Prescreen and structure corporate lease and loan transactions for types of firms in multiple industries, conduct independent credit due diligence, and analyze / underwrite transactions in a timely manner.
• Review and decision new credit requests and annual reviews within designated approval authority ensuring compliance with all commercial credit policy and AF guidelines.
• Provide outstanding service levels to external / internal customers as well as develop positive rapport with senior credit management and credit counterparts across Citizens Bank.
• Manage and monitor a small portfolio of customer relationships in accordance with commercial credit policy guidelines. Complete quarterly and/or annual reviews within required timeframes, update and maintain required customer relationship data within CRM Dashboard, prepare memorandums and obtain approval for any changes or modifications to customer facilities and perform all other portfolio management responsibilities as required or necessary (such as exposure management plans, lease renewals, etc.).
• Monitor performance of the ongoing changes and solicit feedback from the internal customers in an effort to refine the structure appropriately. This will be accomplished through regularly scheduled meetings with key individuals.

Requirements:

• Bachelor’s degree in Finance, Accounting, Marketing or other related field
• Strong verbal and written communication skills, organization and interpersonal skills.  Ability to hit deadlines, manage and prioritize multiple initiatives and deliver on commitments in a high volume environment.
• 10-15 years of Commercial Banking Portfolio Management required
• 3+ years of Equipment Finance/Asset Finance industry experience
• Prior management and mentoring skills required

Hours and Work Schedule:

Hours:  40+

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

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, 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. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.