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Portfolio Manager

FirstBank
Nashville, TN Full Time
POSTED ON 3/19/2022 CLOSED ON 6/6/2023

What are the responsibilities and job description for the Portfolio Manager position at FirstBank?

About FirstBank

Nashville-based FirstBank, a wholly owned subsidiary of FB Financial Corporation (NYSE: FBK), is the third largest Tennessee-headquartered bank with 81 full-service bank branches across Tennessee, South Central Kentucky, North Alabama and North Georgia, and a national mortgage business with offices across the Southeast. The bank serves five of the major metropolitan markets in Tennessee and with approximately $11.2 billion in total assets, has the resources to provide a comprehensive variety of financial services and products.

FirstBank has been recognized as one of Tennessee’s best employers by Business Tennessee magazine and The Tennessean. The Tennessee Chamber of Commerce & Industry, and the Tennessee Society for Human Resource Management have also recognized FirstBank.

FirstBank does more than provide consumers with best of class financial services. It is a place for employees to explore potential, obliterate boundaries and push out the edges of what can be. The company looks for people who can grow, think, dream and create. Its culture thrives by embracing diversity and rewarding imagination. The brand seeks achievers, leaders and visionaries. At FirstBank it’s about each person bringing skills and passion to a challenging and constantly evolving game.


Position Summary

The Portfolio Manager (PM) - supports Relationship Manager (RM) sales efforts through the growth, development and effective management of loan portfolios, helping ensure positive performance. Under the supervision and direction of the Group Portfolio Manager, the PM assesses risk by evaluating, designing and overseeing aspects of the portfolio construction, and assists in driving profitability by performing financial and credit analysis; contributes to client relationships in conjunction with the RM.


This position will be located at our West End branch in Nashville, TN.


Essential Duties & Responsibilities:

  • Review documents for pre- and post-closing and assist with document approvals.
  • Prepare, review and monitor reports to ensure FirstBank guidelines for compliance and credit monitoring are being met.
  • Analyze credit requests and perform financial statement analysis utilizing spreadsheet and analysis tools.
  • Prepare and monitor reports analyzing loan commitments and outstanding balances by customer, loan type, property type, location, size, etc.
  • Partner with Credit and Bank partners in support of the RMs to promote client portfolio growth.
  • Monitor past due information and future maturities, alerting the RMs as needed.
  • Demonstrate an understanding of financial spreads, modeling and monitoring.
  • Perform research to maintain current knowledge of industry trends and changes.
  • May assist in the preparation of pitch books for prospective clients.
  • May participate in, or independently execute, the sales process.
  • Attend meetings and represent the PM and/or RM teams as needed.
  • Function as part of the RM team and may back up RMs and/or Relationship Manager Assistants.
  • Provide consistent, distinctive service to all clients when delivering the FirstBank service experience.
  • Practice safe and sound bank procedures, including adherence to applicable laws and regulations, internal controls, operational procedures, risk management policies, and security protocols.
  • Regular and reliable attendance.
  • Perform other duties as assigned.

Qualifications:

  • Bachelor’s degree required, Accounting and/or Finance preferred or equivalent experience in lei of degree
  • Less than two years

Salary : $11 - $0

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