What are the responsibilities and job description for the Portfolio Manager - Private Banking position at F.N.B. Corporation?
Primary Office Location:
1508 Military Cutoff Road, Suite 100. Wilmington, North Carolina. 28403.
Join our team. Make a difference - for us and for your future.
Position Title: Portfolio Manager 2 - Private Banking
Business Unit: Private Banking
Reports to: Managing Director of Private Banking
Position Overview
This position is primarily responsible for supporting the unique underwriting of Private Banking credit requests. These circumstances require a skill set that bridges consumer underwriting approaches with commercial credit analysis and requires a complete understanding of commercial and consumer credit policies and consumer lending regulations. The position is tasked with monitoring asset quality and assisting with administrative functions of an assigned portfolio of private banking relationships. The incumbent assist in the credit training and development of the private banking team.
Primary Responsibilities
Provides analytics to augment traditional residential mortgage and consumer loan underwriting functions to address the nuances presented by many Private Banking clients, particularly those owning a significant interest in one or more business enterprises. This will encompass using commercial credit methodology to ensure adequate personal access to business income sources.
Manages the annual review process for all Private Banking commercial loans subject to risk rating review and renewal as well as unsecured consumer lines and loans subject to review and renewal on an annual or bi-annual basis. This function encompasses the monitoring of the timing of reviews, information gathering and appropriate analysis.
Coordinates other portfolio administration activities in conjunction with Regional Client Services Associates to gather and monitor data and follow up as appropriate to ensure all delinquencies, documentation exceptions, KYC exceptions and investment account margin exceptions are maintained within established tolerances.
Assists with the credit training and development as necessary of the private banking team and acts as a mentor to other portfolio managers and private bankers.
Assumes secondary responsibility for managing and expanding assigned Private Banking client relationships. Oversees document preparation and attends and manages closings for relationships assigned to other Private Bankers. Attends other calls with Private Bankers as appropriate.
Assists as required with reporting needs which could include portfolio composition, yield, product and service utilization and attrition statistics. Assists Group Manager of Private Banking with information requirements for annual budget preparation.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
1
Skills Required to Perform the Primary Responsibilities of this Position:
Detail-oriented
Excellent communication skills, both written and verbal
Excellent customer service skills
Excellent project management skills
Excellent organizational, analytical and interpersonal skills
Ability to work and multi-task in a fast paced environment
MS Excel - Intermediate Level
Ability to use a personal computer and job-related software
Commercial credit analysis competency
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
Nationwide Mortgage Licensing system and Registry Identifier preferred but will be required.
Physical Requirements Or Work Conditions Beyond Traditional Office Work
N/A
Equal Employment Opportunity (EEO)
It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.
1508 Military Cutoff Road, Suite 100. Wilmington, North Carolina. 28403.
Join our team. Make a difference - for us and for your future.
Position Title: Portfolio Manager 2 - Private Banking
Business Unit: Private Banking
Reports to: Managing Director of Private Banking
Position Overview
This position is primarily responsible for supporting the unique underwriting of Private Banking credit requests. These circumstances require a skill set that bridges consumer underwriting approaches with commercial credit analysis and requires a complete understanding of commercial and consumer credit policies and consumer lending regulations. The position is tasked with monitoring asset quality and assisting with administrative functions of an assigned portfolio of private banking relationships. The incumbent assist in the credit training and development of the private banking team.
Primary Responsibilities
Provides analytics to augment traditional residential mortgage and consumer loan underwriting functions to address the nuances presented by many Private Banking clients, particularly those owning a significant interest in one or more business enterprises. This will encompass using commercial credit methodology to ensure adequate personal access to business income sources.
Manages the annual review process for all Private Banking commercial loans subject to risk rating review and renewal as well as unsecured consumer lines and loans subject to review and renewal on an annual or bi-annual basis. This function encompasses the monitoring of the timing of reviews, information gathering and appropriate analysis.
Coordinates other portfolio administration activities in conjunction with Regional Client Services Associates to gather and monitor data and follow up as appropriate to ensure all delinquencies, documentation exceptions, KYC exceptions and investment account margin exceptions are maintained within established tolerances.
Assists with the credit training and development as necessary of the private banking team and acts as a mentor to other portfolio managers and private bankers.
Assumes secondary responsibility for managing and expanding assigned Private Banking client relationships. Oversees document preparation and attends and manages closings for relationships assigned to other Private Bankers. Attends other calls with Private Bankers as appropriate.
Assists as required with reporting needs which could include portfolio composition, yield, product and service utilization and attrition statistics. Assists Group Manager of Private Banking with information requirements for annual budget preparation.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:
BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:
1
Skills Required to Perform the Primary Responsibilities of this Position:
Detail-oriented
Excellent communication skills, both written and verbal
Excellent customer service skills
Excellent project management skills
Excellent organizational, analytical and interpersonal skills
Ability to work and multi-task in a fast paced environment
MS Excel - Intermediate Level
Ability to use a personal computer and job-related software
Commercial credit analysis competency
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:
Nationwide Mortgage Licensing system and Registry Identifier preferred but will be required.
Physical Requirements Or Work Conditions Beyond Traditional Office Work
N/A
Equal Employment Opportunity (EEO)
It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.
