Multi Asset Portfolio Manager Jobs in Boca Raton, FL

Administration of essential functions regarding the criticized loan portfolio which has been assigned to Special Assets. Ensures timely implementation, and continuance of sound credit policies, procedures, and underwriting standards, in compliance with all applicable laws and regulations. This position will also oversee credit risk management and maintenance of credit quality for the respective assigned portfolio, properly assessing and evaluating credit risk and other key factors, and providing recommendations and credit solutions which are appropriate to the relationship risk profile. Serves as the central point of contact between the Special Assets Group and the line of business.

Responsibilities:

• Maintains clear understanding of the Bank’s credit programs and policy and its adherence. Reports to supervisor all deviation from credit programs and policy.
• Responsible for overseeing, with the direction of SAG Head, the quarterly PARM meetings to ensure timely execution of these meetings. Coordinate efforts with the LOB on all transfers to SAG. Further, coordinate with LOB to ensure all PARMs and CARs are migrated to the proper folders for presentation as necessary in PARM meetings.
• Provide support to Special Assets Officers by screening preliminary data and following up in obtaining required documentation, ensuring conformity to credit underwriting policy of the bank.
• Prepare documentation, memos, and/or presentation as needed. Coordinates weekly and quarterly meetings.
• Review of existing credit relationships; Identify necessary risk rating changes, errors or inconsistencies and recommend modifications to risk rating as deemed appropriate. This includes calculating and verifying covenant testing requirements and monitoring loan policy exceptions, as needed.
• Support the accurate review and evaluation of loan exposures, increases, and modifications of terms/conditions. Analyze financial statements and navigate a wide variety of financial structures and credit scenarios.
• Support financial analysis with a high degree of accuracy in terms of figures and credit risk assessment. Responsibility will also include the proper identification of loan policy exceptions and identification of industry/loan structure specific risks/issues with appropriate mitigating factors.
• Ability to identify, evaluate, monitor and make any recommendation deemed necessary to the supervisor to assess, reduce, eliminate or control any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards.
• Assist in the review and measurement of Bank Borrower’s conformance with legal covenants, tracking of same and the identification of compliance or non-compliance This may include assisting Credit Portfolio Managers and Relationship Managers in collaborating with other bank units such as Credit Administration, Loan Operations, Credit Services, Closing areas, and Credit Risk.
• Complete or review and provide feedback on spread financial statements, comprehensive analysis, and credit packages according to Bank credit programs and policy.
• Work within the software systems for loan originations, modifications, annual reviews, and other presentations to senior management.
• Responsible for the administration and monitoring of maturities, delinquencies, and criticized assets reports on a regular basis as well as assisting in the identifying any “red flags” or problems within the portfolio.
• Reports to supervisor all portfolio issues and irregularities found in these reports.
• Provide assistance in other areas within the department, as required, covering during vacation or absenteeism.
• Ensure preventive measures are carried out to fully comply with current rules, regulations and internal policies relating to risks pertaining to BSA, USA Patriot Act, OFAC and other AML related issues.
• Assist management with ongoing projects.
• Any other duties as assigned by the Chief Credit Officer or supervisor.

Minimum Education and/or Certifications Requirements:

Bachelor’s degree in business, accounting or finance required. Formal credit training is preferred.

Minimum Work Experience Requirements:

7+ years of professional experience credit underwriting/credit analysis. Experience working in special/distressed/criticized assets required. Knowledgeable of banking products and documentation.

Technical and/or Other Essential Knowledge:

Thorough understanding of the Bank’s credit procedures, programs and policy. Accounting and credit principles. Proficiency in Microsoft Suite is required; experience in SQL is a plus. Salesforce, nCino, FIS IBS experience is a plus. Sound time management and organizational skills required. Well organized and systematic. Must possess strong communication skills.

This position is hybrid/remote work eligible.