Fortis Bank is hiring a Senior Commercial Portfolio Manager to manage a portfolio of commercial credits and partner closely with Commercial Bankers to deliver outstanding solutions to our clients. This role focuses on converting commercial loan opportunities and supporting client meetings.
What You'll Do
- Partner with Commercial Bankers on new deals and existing loans, structuring commercial credits based upon bank guidelines and client needs.
- Manage loans through the approval processes, interacting with clients and owning the underwriting process.
- Work with Credit Analysts to review spreads and complete credit presentations.
- Partner with the Commercial Loan Administration team to generate loan documents and closing packages.
- Maintain a strong understanding of cash flow analysis, collateral evaluation, and financial analysis.
- Identify risks in proposed new transactions and introduce controls to mitigate risks.
- Ensure the quality, integrity and soundness of all analysis, underwriting, client satisfaction and credit approval process for assigned portfolio.
- Conduct monthly, quarterly, and/or annual reviews of loan covenants and financial data for all loans within assigned portfolio.
- Continuously monitor portfolio and visit clients to understand business performance and identify early warning signs of changes in risk.
- Prepare detailed annual reviews of existing credits as designated.
- Provide ongoing review of credit quality, changes in risk, compliance with loan covenants and compliance with the bank’s credit policy.
- Proactively manage credit risk and exposure for assigned portfolio, monitor collateral, initiate changes in risk ratings and manage any modifications of loan terms or covenants.
- Ensure a clean and strong portfolio by working directly with clients to obtain most recent financial documentation.
What We're Looking For
- 7-10+ years of credit portfolio management experience.
- Ability to take the lead on proposing appropriate terms and financial covenants based on identified key risks.
- Experience underwriting a broad range of C&I transactions in various industries.
- Strong working knowledge of financial statements and accounting standards.
- Robust experience with credit policies, with completion of a formal commercial credit training program.
- Experience spreading financials and completing financial projections using Moody’s RiskAnalyst software.
- Must be comfortable working with complex computer operating systems.
- Strong organizational time management skills, problem solving skills, and the ability to quickly grasp concepts and processes with limited guidance from management.
- Must be able to work in a team environment with the ability to interact well, and in a positive manner, with co-workers, external clients, and management.
Nice to Have
- Bachelor’s degree in Finance or Accounting strongly preferred.
- MBA, CPA or CFA strongly preferred.
- Experience with projecting financial performance and using discounted cash flow analysis to determine enterprise value.
- nCino experience a plus.
Technical Stack
- Moody’s RiskAnalyst software
- nCino (preferred)
Team & Environment
You will partner directly with Commercial Bankers and work closely with Credit Analysts and the Commercial Loan Administration team.
At Fortis Bank, we empower our team to make a tangible impact in a progressive and less bureaucratic work culture. We believe in hiring people greater than ourselves, recognizing, rewarding, and developing individuals who make an outsized impact. We combine passion, hard work, and proactive thinking to empower clients and each other.
This role is based in Colorado or Utah.
Fortis Bank is an equal opportunity employer.
