- Partner with Commercial Bankers on new deals in the pipeline as well as existing loans that mature, structuring commercial credits based upon bank guidelines and client needs.
- Manage loans through to the approval processes, continuously interacting with prospective and existing clients while owning the underwriting process on each specific loan.
- Work with the Credit Analysts to review spreads and complete credit presentations.
- Partner with the Commercial Loan Administration team to generate loan documents and closing packages.
- Maintain a strong understanding of cash flow analysis, collateral evaluation, and financial analysis.
- Identify risks in proposed new transactions, introducing controls to mitigate risks.
- Ensure the quality, integrity and soundness of all analysis, underwriting, client satisfaction and credit approval process for assigned portfolio.
- Conduct monthly, quarterly, and/or annual reviews of loan covenants and financial data for all loans within assigned portfolio.
- Continuously monitor portfolio and visits clients to understand client's business performance, identifying early warning signs of changes in risk and credit quality.
- Prepare detailed annual reviews of existing credits as designated.
- Provide an ongoing review of credit quality, changes in risk, compliance with loan covenants and compliance with the bank's credit policy.
- Proactively manage credit risk and exposure for assigned portfolio, monitor collateral, initiate changes in risk ratings and manage any modifications of loan terms or covenants.
- Ensure a clean and strong portfolio, working directly with clients to obtain most recent financial documentation.
- 5+ years of credit portfolio management experience, including (a) being able to take the lead on proposing appropriate terms and financial covenants based on identified key risks, and (b) underwriting a broad range of C&I transactions in various industries.
- Bachelor's degree in Finance or Accounting strongly preferred; MBA or CFA strongly preferred.
- CFA, CPA and/or MBA preferred.; strong knowledge of financial statements and accounting standards required.
- Competition of a formal commercial credit training program is strongly preferred.
- Experience spreading financials and completing financial projections using Moody's RiskAnalyst software.
- Experience with projecting financial performance and using discounted cash flow analysis to determine enterprise value is preferred.
- Strong familiarity with credit policies.
- Strong written and verbal communication skills required.
- Must be comfortable working with complex computer operating systems (nCino experience a plus).
- Strong organizational time management skills, problem solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management.
- Must be able to work in a team environment with the ability to interact well, and in a positive manner, with co[1]workers, external clients and management.
-
CRE Portfolio Manager
2 weeks ago
UnitedHealth Group Draper, United StatesUnderwrite and document loan modification requests and perform periodic reviews on existing commercial loans Prepare clear and concise credit presentations for annual reviews which analyze the loan, the borrower, financial and credit information, rep Portfolio Manager, Manager, P ...
-
CRE Portfolio Manager
2 weeks ago
UnitedHealth Group Draper, United StatesOptum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel ...
-
Portfolio Management Lead
1 week ago
Brex Salt Lake City, United StatesAdminister credit portfolios, featuring tailored underwriting models equipped to fit a specific industry or client segment. Evaluate and present key portfolio metrics and trends to upper management in alignment with company goals. Design and propose portfolio-wide processes and i ...
-
Portfolio Manager III
16 hours ago
Bank of America Salt Lake City, United StatesPortfolio Manager III · Salt Lake City, Utah · **Job Description:** · At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our client ...
-
Client Portfolio Manager
2 weeks ago
Wasatch Advisors Salt Lake City, United StatesCompany Overview: Wasatch Global Investors is a leading independent investment management firm specializing in global small-cap, mid-cap and micro-cap equities. We have a fifty year history of delivering superior investment results to our clients across the globe. Wasatch is a 10 ...
-
Portfolio Management Lead
2 weeks ago
Brex Salt Lake City, United StatesAdminister credit portfolios, featuring tailored underwriting models equipped to fit a specific industry or client segment. Evaluate and present key portfolio metrics and trends to upper management in alignment with company goals. Design and propose portfolio-wide processes and i ...
-
Senior Portfolio Manager
2 weeks ago
Utah Retirement Systems Salt Lake City, United StatesAbout The Company: · We serve Utah public employees with retirement and insurance benefits in a partnership of trust with a commitment to value, innovation, and excellence. URS has two divisions. The Retirement Office administers pension benefits and retirement savings plans. Pu ...
-
Portfolio Management Lead
6 days ago
Brex Salt Lake City, United StatesAdminister credit portfolios, featuring tailored underwriting models equipped to fit a specific industry or client segment. Evaluate and present key portfolio metrics and trends to upper management in alignment with company goals. Design and propose portfolio-wide processes and i ...
-
Portfolio Manager Senior
4 days ago
UMB Bank Salt Lake City, United StatesAs the leading line of business, UMB's bottom line is directly impacted by the growth of our Commercial & Industrial loan portfolio. The team consists of Portfolio Managers, Underwriters, Credit Analysts, Treasury Management, Commercial Card professionals, and Capital Market part ...
-
Commercial Portfolio Manager
4 days ago
BMO Harris Salt Lake City, United StatesApplication Deadline · 05/30/2024 · Address · 142 E. 200 South · Job Family Group · Commercial Sales & Service · Come and be a part of our amazing Commercial - Emerging Middle Market Team · We are currently looking for a Commercial Portfolio Manager who will be in charge o ...
-
Commercial Portfolio Manager
2 weeks ago
Bank of Montreal Salt Lake City, United StatesCommercial Portfolio Manager - Emerging Middle Market page is loaded · Commercial Portfolio Manager - Emerging Middle Market · Apply · locations · Salt Lake City, UT, USA · San Ramon, CA, USA · Greenwood Village, CO, USA · Los Angeles, CA, USA · Newport Beach, CA, USA · ...
-
Client Portfolio Manager
6 days ago
Wasatch Advisors Salt Lake City, United StatesCompany Overview: Wasatch Global Investors is a leading independent investment management firm specializing in global small-cap, mid-cap and micro-cap equities. We have a fifty year history of delivering superior investment results to our clients across the globe. Wasatch is a 10 ...
-
Commercial Portfolio Manager
6 days ago
Bank of Montreal Salt Lake City, United StatesCommercial Portfolio Manager - Emerging Middle Market page is loaded · Commercial Portfolio Manager - Emerging Middle Market · Apply · locations · Salt Lake City, UT, USA · San Ramon, CA, USA · Greenwood Village, CO, USA · Los Angeles, CA, USA · Newport Beach, CA, USA · ...
-
Project and Portfolio Manager
2 weeks ago
Utah Department of Human Services Salt Lake County, United States Full timeJob Description · The Division of Finance is looking for an enthusiastic Project and Portfolio Manager to work across financial and technical teams to support project planning and execution. · Principal Duties · As the Project and Portfolio Manager, you will: · Help foster a cu ...
-
Director, Portfolio Manager
2 weeks ago
Blackwomenintech Lehi, United StatesJob Description · Our mission is to power a brighter future together. One that is safe, smart, and sustainable. · Summary: · The Director of Portfolio Management will work with a high-performing program team within Vivint's Innovation group as they look to deliver innovative and ...
-
Director, Portfolio Manager
3 weeks ago
Vivint Lehi, United StatesDirector, Portfolio Manager page is loaded · Director, Portfolio Manager · Apply · locations · Lehi, UT · time type · Full time · posted on · Posted 24 Days Ago · job requisition id · R122346 · Job Description · Our mission is · t · o power a brighter future togethe ...
-
Small Cap Portfolio Manager
2 weeks ago
Wasatch Global Investors Salt Lake City, United StatesWho We Are · Wasatch Global Investors is a 100% employee-owned firm exclusively focused on active investment management. We use a collaborative, bottom-up fundamental approach to identify exceptional companies we believe are high-quality and have the potential to grow earnings fo ...
-
Sr. Portfolio Manager, Commercial
2 weeks ago
BYU Pathway Salt Lake City, United StatesThe Senior Development Portfolio Manager is a senior-level employee who is responsible for leading and executing assigned commercial real estate development projects. They are also responsible for providing managerial oversight throughout development, construction, and project de ...
-
Emerging Markets Portfolio Manager
2 weeks ago
Wasatch Advisors Salt Lake City, United StatesWho We Are · Wasatch Global Investors is a 100% employee-owned firm exclusively focused on active investment management. We use a collaborative, bottom-up fundamental approach to identify exceptional companies we believe are high-quality and have the potential to grow earnings fo ...
-
Sr. Portfolio Manager, Commercial
2 weeks ago
BYU Pathway Salt Lake City, United StatesThe Senior Development Portfolio Manager is a senior-level employee who is responsible for leading and executing assigned commercial real estate development projects. They are also responsible for providing managerial oversight throughout development, construction, and project de ...
Commercial Portfolio Manager - Midvale, United States - Abacus
Description
ABOUT FORTIS At Fortis, we take great pride in providing our clients with a holistic and sophisticated banking experience.Our people enjoy being empowered with the ability to make a tangible impact in a progressive and less bureaucratic work culture that can often be a struggle for larger institutions.
We strongly believe in hiring people greater than ourselves. We recognize, reward, and develop those individuals who make an outsized impact to the business. Our combined passion, hard work, and proactive thinking allows us to simultaneously empower our clients and each other.Established in May 1997 and rebranded in 2016, Fortis is a high growth commercial bank located in Colorado and Utah.
Our flagship office is in Denver, Colorado, and was designed as a place for our clients to relax while our banking teams offer solutions to exceed their goals.
Each of our hand-selected and exceptionally talented teammates contribute to the heart of our company culture that combines banking expertise and personalized services to create an unparalleled level of client experience.
We have over $1 billion in total assets and are insured by the Federal Deposit Insurance Corporation (the "FDIC"). We are ranked the 10th largest bank in the state of Colorado, the 859th largest bank in the nation, and we have four (4) locations and approximately 80 employeesCommercial Portfolio Manager
RESPONSIBILITIES
MINIMUM QUALIFICATIONS