Portfolio Manager I - Energy Lending - UMB Bank
Dallas, TX
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, Commercial Card professionals, and Capital Market partners. This team manages Commercial & Industrial relationships throughout its life – developing meaningful connections with management of the companies they serve. As a specialized energy lender, we are committed to providing oil and gas companies the financial resources and support they need to capitalize on prevailing market opportunities. Our energy clients receive hands-on guidance with a single point of contact who tailors a financial package suited to their needs. And, our diversified offerings provide banking, treasury management and payment card solutions that extend beyond reserve-based lending.
The Portfolio Manager I serves as the gateway keeper to new Commercial & Industrial loan deals. In this role, you will 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. This role is also responsible for assisting loan officers in the portfolio management activities (generally loans over $1,000,000). This role will manage assigned credit portfolio, manage the associated credit risk, and identify opportunities for expansion.
_How you will spend your time:_
+ Perform detailed credit analysis to determine borrower/guarantor repayment capacity, appropriate loan structuring recommendations and complete credit packages for credit committee approval (new business/reaffirmations) submission.
+ Preparation of underwriting documents will also include collateral analysis on multiple asset classes and preparation of pricing and risk rating models suitable for each credit request.
+ Continuously monitor borrowing base reports and covenant compliance with regular reporting requirements to loan officers and loan/credit monitoring and credit review.
+ Establish protocols and maintain tracking of documentation exceptions, past dues, field exams, borrowing base reports and covenant exceptions.
+ Recognize and manage 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.
+ Provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times.
+ File all required reports, and resolve all related issues in a timely and efficient manner.
+ Gather an understanding of the technical engineering and reserve analysis process in order to develop the skills and knowledge required to assist the Sr. Portfolio Mgr. & lenders in completing technical underwriting process.
+ Work with the senior energy PM and Energy lending officers to gain industry, basin, and energy lending-specific technical knowledge and grow core competencies.
+ Partner with loan officers throughout the UMB footprint to effectively administer the management of assigned Commercial Energy relationships.
_We are excited to talk to you if you have:_
+ You have a Bachelor's degree in Business, Accounting, Finance or related fields 3 years banking or equivalent regulatory/bank policy experience including credit analysis or any combination of education and experience, which would provide an equivalent background
+ You have a current valid driver's license
+ You have demonstrated knowledge and understanding of how to identify and process maturing loans, line renewals, term loans that need to be extended, loans that can be restructured, the approval process, changing terms, etc.
+ You have a working knowledge of specialized energy lending and energy sector terminology
+ You have a strong level of understanding of credit underwriting
+ You have a demonstrated knowledge of bank products, services, and bank operations
+ You have a demonstrated ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
+ You demonstrate strong analytical skills
+ You have the ability to be self-starter and show initiative
+ You have a demonstrated familiarity with commercial lending software
Compensation Range:
Minimum: $51,480.00 - Maximum: $119,200.00
_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 I serves as the gateway keeper to new Commercial & Industrial loan deals. In this role, you will 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. This role is also responsible for assisting loan officers in the portfolio management activities (generally loans over $1,000,000). This role will manage assigned credit portfolio, manage the associated credit risk, and identify opportunities for expansion.
_How you will spend your time:_
+ Perform detailed credit analysis to determine borrower/guarantor repayment capacity, appropriate loan structuring recommendations and complete credit packages for credit committee approval (new business/reaffirmations) submission.
+ Preparation of underwriting documents will also include collateral analysis on multiple asset classes and preparation of pricing and risk rating models suitable for each credit request.
+ Continuously monitor borrowing base reports and covenant compliance with regular reporting requirements to loan officers and loan/credit monitoring and credit review.
+ Establish protocols and maintain tracking of documentation exceptions, past dues, field exams, borrowing base reports and covenant exceptions.
+ Recognize and manage 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.
+ Provide recurring customer service to existing and prospective clients, which includes direct contact with customers either through participation in joint sales calls with loan officers or direct correspondence with clients and perform various projects/tasks as needed with an emphasis on maintaining UMB TUCE at all times.
+ File all required reports, and resolve all related issues in a timely and efficient manner.
+ Gather an understanding of the technical engineering and reserve analysis process in order to develop the skills and knowledge required to assist the Sr. Portfolio Mgr. & lenders in completing technical underwriting process.
+ Work with the senior energy PM and Energy lending officers to gain industry, basin, and energy lending-specific technical knowledge and grow core competencies.
+ Partner with loan officers throughout the UMB footprint to effectively administer the management of assigned Commercial Energy relationships.
_We are excited to talk to you if you have:_
+ You have a Bachelor's degree in Business, Accounting, Finance or related fields 3 years banking or equivalent regulatory/bank policy experience including credit analysis or any combination of education and experience, which would provide an equivalent background
+ You have a current valid driver's license
+ You have demonstrated knowledge and understanding of how to identify and process maturing loans, line renewals, term loans that need to be extended, loans that can be restructured, the approval process, changing terms, etc.
+ You have a working knowledge of specialized energy lending and energy sector terminology
+ You have a strong level of understanding of credit underwriting
+ You have a demonstrated knowledge of bank products, services, and bank operations
+ You have a demonstrated ability to interpret policies/procedures, loan contracts, and understanding of credit reports, financial statements and loan documents
+ You demonstrate strong analytical skills
+ You have the ability to be self-starter and show initiative
+ You have a demonstrated familiarity with commercial lending software
Compensation Range:
Minimum: $51,480.00 - Maximum: $119,200.00
_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
