What are the responsibilities and job description for the Senior Portfolio Manager position at Veritex Team?
Job Summary:
The Senior Portfolio Manager serves and supports the Bank’s mission by partnering with multiple lines of business to analyze credit opportunities for both new and existing clients. The Senior Portfolio Manager position requires direct client contact, providing financial analysis to maximize profitability, and is a valuable member of the support team for the client.
Responsibilities and Duties:
Responsible for partnering with RMs, CMs and SCOs to underwrite, originate and monitor credit portfolio of existing loan relationships.
Responsible for supporting the expansion of credit relationships with a high degree of resultant relative to customer satisfaction.
Responsible for ensuring financial statements are spread and analyzed, addressing industry risks, monitoring collateral requirements, loan structuring and pricing, credit analysis, monitoring credit performance and assisting with loan presentations.
Handles reporting on loans such as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, risk grades, etc.
Keeps informed of financial and market trends in the portfolio and analyzes those trends for the effect they will have on the portfolio.
Assists bankers with new and existing loan requests and other special projects.
Actively manages relationships within and across various business lines and ensures alignment with enterprise and/or regulatory requirements.
Job Skills and Qualifications:
Requires a bachelor’s degree in finance, Business or other related field and 5 years of banking, relationship management, underwriting and credit experience or other directly related experience.
An equivalent combination of education and experience may meet qualifications.
Knowledge of various types of loans, credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.
Knowledge of banking products, services, policies, procedures and regulations.
Solid credit skills in underwriting, financial modeling, valuations and adherence to policy.
Requires solid customer service, relationship, organizational, analytical and creative problem-solving skills.
Must have solid communications skills, both verbal and written.
Knowledge of various software applications including word processing and spreadsheets.
