Commercial Portfolio Manager II / Sr. Commercial Portfolio Manager - UMB Bank
Phoenix, AZ
About the Job
As 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 and Commercial Card professionals, and Capital Markets partners. This team manages Commercial & Industrial relationships throughout its life – developing meaningful connections with management of the companies they serve. Always mindful of the changes in the company, its industry, etc., over time that might create a change in their financial service needs.
The Portfolio Manager performs as the gateway keeper to new Commercial & Industrial loan deals, and existing commercial loan relationships. They collaborate closely with the Commercial Relationship Manager/Sales Officer to better understand the client needs, historical cash flow data related to the performance of the company’s past, and industry data to qualify the commercial clients loan requests. The Portfolio Managers helps to facilitate the administration of new and existing loan accounts associated with our internal administrative team. With existing loan clients, they monitor the deal to make sure the commercial loan is performing to the standard to which the loan is underwritten, identify additional expansion opportunities, monitoring the covenants, past due payments report, and any exceptions. Another key responsibility is supporting the commercial underwriting pipeline, both new and existing loan business. Growth is important for the Portfolio Manager, whether it is staying credit focused or moving into a client facing role. Playing the role of problem solver for both clients and internal customers is key both for internal growth as well as the commercial bank’s loan growth.
Working for UMB is about collaborative spirit with internal stakeholders, entrepreneurial pride, encouraging creativity, rewarding success, having fun winning business, community involvement, and working directly with the decision makers.
_How you’ll spend your time:_
+ You will manage and monitor the commercial portfolio, recognizing and managing early warning signs for the portfolio on a recurring basis, which may include but are not limited to the following: analyze borrower/guarantor financial performance upon receipt of reporting requirements , either monthly, quarterly, or annually. Fully analyze and confirm borrowing base and financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews to ensure the client loan is performing to standards as underwritten.
+ Utilizing Microsoft Excel and Word, you will underwrite new and existing loan business, dissecting client relationships, trends, collateral short falls, cash flow, business and industry lists, to ensure the business checks out for a potential commercial loan.
+ You will work closely with administrative staff to ensure all of the proper loan documentation is in place from a compliance perspective.
+ You will provide recurring customer service to existing and prospective clients either through joint sales calls with Relationship Managers or direct correspondence with clients to ensure clarity to the loan relationship.
_We’re excited to talk with you if:_
Commercial Portfolio Manager II Qualifications:
+ You have a bachelor’s degree in Business, Accounting, Finance or related fields
+ You have 7 years banking or equivalent regulatory/bank policy experience including credit analysis
+ You have demonstrated a knowledge of Commercial & Industrial lending
+ You have excellent communications skills both written and verbal
+ You have demonstrated a strong level of credit underwriting
Sr. Commercial Portfolio Manager Qualifications:
+ You have a bachelor’s degree in Business, Accounting, Finance or related fields
+ You have 8 years of commercial banking experience including credit underwriting
+ You have demonstrated an expert knowledge and understanding in how to identify and process maturing loans, line renewals, term loans that need to be extended, how loans can be restructured, approval process, change terms, etc.
+ You have demonstrated an expert level of understanding of credit underwriting
+ You have demonstrated a strong knowledge of bank products, services, and bank operations
+ You have demonstrated an ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
+ You have demonstrated a knowledge of commercial lending software
Compensation Range:
Minimum: $57,760.00 - Maximum: $149,000.00
_The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information_
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
_UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to_ _talentacquisition@umb.com_ _to let us know the nature of your request._
_If you are a California resident, please visit our_ Privacy Notice for California Job Candidates (https://p1.aprimocdn.net/umb/cdbf5f22-8f7a-43b9-bd03-b09f014a39c3/Privacy_Notice_for_California_Candidates_Original_file.pdf) _to understand how we collect and use your personal information when you apply for employment with UMB._
_Who we are_
We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.
Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)
Check out the road to a career at UMB
The Portfolio Manager performs as the gateway keeper to new Commercial & Industrial loan deals, and existing commercial loan relationships. They collaborate closely with the Commercial Relationship Manager/Sales Officer to better understand the client needs, historical cash flow data related to the performance of the company’s past, and industry data to qualify the commercial clients loan requests. The Portfolio Managers helps to facilitate the administration of new and existing loan accounts associated with our internal administrative team. With existing loan clients, they monitor the deal to make sure the commercial loan is performing to the standard to which the loan is underwritten, identify additional expansion opportunities, monitoring the covenants, past due payments report, and any exceptions. Another key responsibility is supporting the commercial underwriting pipeline, both new and existing loan business. Growth is important for the Portfolio Manager, whether it is staying credit focused or moving into a client facing role. Playing the role of problem solver for both clients and internal customers is key both for internal growth as well as the commercial bank’s loan growth.
Working for UMB is about collaborative spirit with internal stakeholders, entrepreneurial pride, encouraging creativity, rewarding success, having fun winning business, community involvement, and working directly with the decision makers.
_How you’ll spend your time:_
+ You will manage and monitor the commercial portfolio, recognizing and managing early warning signs for the portfolio on a recurring basis, which may include but are not limited to the following: analyze borrower/guarantor financial performance upon receipt of reporting requirements , either monthly, quarterly, or annually. Fully analyze and confirm borrowing base and financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews to ensure the client loan is performing to standards as underwritten.
+ Utilizing Microsoft Excel and Word, you will underwrite new and existing loan business, dissecting client relationships, trends, collateral short falls, cash flow, business and industry lists, to ensure the business checks out for a potential commercial loan.
+ You will work closely with administrative staff to ensure all of the proper loan documentation is in place from a compliance perspective.
+ You will provide recurring customer service to existing and prospective clients either through joint sales calls with Relationship Managers or direct correspondence with clients to ensure clarity to the loan relationship.
_We’re excited to talk with you if:_
Commercial Portfolio Manager II Qualifications:
+ You have a bachelor’s degree in Business, Accounting, Finance or related fields
+ You have 7 years banking or equivalent regulatory/bank policy experience including credit analysis
+ You have demonstrated a knowledge of Commercial & Industrial lending
+ You have excellent communications skills both written and verbal
+ You have demonstrated a strong level of credit underwriting
Sr. Commercial Portfolio Manager Qualifications:
+ You have a bachelor’s degree in Business, Accounting, Finance or related fields
+ You have 8 years of commercial banking experience including credit underwriting
+ You have demonstrated an expert knowledge and understanding in how to identify and process maturing loans, line renewals, term loans that need to be extended, how loans can be restructured, approval process, change terms, etc.
+ You have demonstrated an expert level of understanding of credit underwriting
+ You have demonstrated a strong knowledge of bank products, services, and bank operations
+ You have demonstrated an ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
+ You have demonstrated a knowledge of commercial lending software
Compensation Range:
Minimum: $57,760.00 - Maximum: $149,000.00
_The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information_
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
_UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to_ _talentacquisition@umb.com_ _to let us know the nature of your request._
_If you are a California resident, please visit our_ Privacy Notice for California Job Candidates (https://p1.aprimocdn.net/umb/cdbf5f22-8f7a-43b9-bd03-b09f014a39c3/Privacy_Notice_for_California_Candidates_Original_file.pdf) _to understand how we collect and use your personal information when you apply for employment with UMB._
_Who we are_
We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.
Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)
Check out the road to a career at UMB
Source : UMB Bank
