Sr Commercial Portfolio Mgr - San Diego, CA
Job no: 496010
Work type: Full Time Regular
|The Senior Portfolio Manager (The SPM) supports Mutual of Omaha Bank's strong relationship banking culture, which emphasizes the leveraging of teamwork to deliver exceptional customer service to client companies, their owners and their employees. As a bank officer, the SPM is assigned a portfolio of complex client relationships that he or she co-manages in tandem with and under the guidance of Senior Relationship Managers (Senior RM) and Market/Group Presidents. The SPM is responsible for performing the day-to-day duties and responsibilities associated with managing the client's accounts. The SPM may manage and direct the work of others.
Essential Job Functions:
- Provide Excellent Customer Service:
- Proactively monitoring and managing the needs of client companies.
- Works with internal and external business partners to ensure banking products and services are provided to meet the needs of client companies in a timely manner.
- Works independently and collaborates when necessary with Senior RMs to support the profitable growth of the clients' accounts.
- Maintains a strong knowledge of banking products and services, as well as knowledge of the industries or market areas.
- Asset Quality Management:
- Monitors and tracks the financial conditions of client borrowers, and prepares and presents status reports to senior management on a regular basis. This includes the regular reassessment of risk ratings, and the documentation of changes in credit risk ratings when appropriate.
- Collects and reviews financial statements, monitors covenant compliance, and meets with clients to discuss trends, projections and any issues or opportunities that may arise.
- Coordinates gathering new collateral appraisals, field audits, or other forms of third party post-transaction due diligence.
- Collaborates with internal business partners to ensure compliance with commercial banking policies and practices and regulatory statutes at the relationship level.
- Proactively updates the Senior RM and presents Credit Officers with updates to his/her portfolio.
- Manage Portfolio Growth:
- Leads the review and monitors the credit quality of new commercial loan opportunities.
- Works with and leads Credit Analysts to ensure proper underwriting, and performs complex underwriting functions as needed.
- Presents new loan requests, and modification requests to Credit Officers and Credit Committees.
- Works with Loan Officers, Lending Assistants, and Credit Analysts to coordinate the due diligence process including the ordering of collateral appraisals, third party field audits and site visits.
- Loan Structuring and Documentation:
- Responsible for the sound structuring of new loans, loan modifications, and other agreements.
- Negotiates with clients, private equity companies, participant banks and other parties pertaining to loan terms, pricing, and conditions.
- Reviews legal agreements, and works with outside council and other internal business partners to ensure that legal documents are prepared correctly.
- Business Development:
- Proactively identifies and pursues opportunities to grow relationships including relationship loan and deposit growth opportunities, and opportunities with other bank groups including Treasury Management, Private Banking, and Wealth Management.
- Seeks and acts on referrals from client companies, and makes referrals to other business groups like Private Banking, Wealth Management, Treasury Management, and Retail.
- Complies with all related Federal, State and Industry laws and regulations pertaining to Banking.
- This position requires up to 33% travel, which may include flying and/or driving and some overnight stays.
- This position requires sitting over 66% of the time.
- This position requires Visual Acuity at 20 inches (or less) over 66% of the time.
- Bachelors in Finance, Accounting, Real Estate, Economics, or other related field
- A minimum of Seven years of progressive work experience in Commercial Banking or comparable experience in Investment Banking
- Thorough understanding of complex financial statement analysis and commercial credit underwriting; Formal credit training is preferred
- Thorough knowledge of and ability to review required legal documents
- Knowledge of compliance with federal regulations pertaining to commercial banking
- Excellent communication, interpersonal, consultative sales and presentation skills
- Excellent organizational, problem solving, credit analysis and negotiation skills
- Ability to effectively communicate and make effective presentations to prospective customers and company principals, existing customers, banking officials and community leaders
- Ability to handle multiple tasks simultaneously in a fast paced, diverse and growth -oriented environment
- Ability to maintain a high degree of confidentiality
- Provides guidance and technical support to Portfolio Managers I & II
- If position has direct reports, must have leadership skills
- Ability to prepare financial projections spread financial statements and prepare written analysis reports
- Excellent Personal computer skills to include various software packages, including word processing, spreadsheet (including complex functions and macros), electronic mail and presentation, and banking systems
- Ability to travel up to 30% of the time
If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at 1-800-780-0304. We are available Monday through Friday 7 am to 4:30 pm CST.
For all other inquiries, contact our HR Helpline at 1-800-365-1405.
Mutual of Omaha and its affiliates are an Equal Opportunity /Affirmative Action Employer, Minorities/Female/Disabled/Veteran
To All Recruitment Agencies: We do not accept unsolicited agency resumes and we are not responsible for any fees related to unsolicited resumes.
Advertised: Pacific Daylight Time
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