Location: Onsite at location listed in posted.
Summary
The Portfolio Manager – PRO CRE will be responsible for preparing comprehensive credit analyses on non-owner occupied commercial real estate loans that facilitates the credit approval process. The Portfolio Manager should have a thorough understanding of various types of lending facilities as well as commercial real estate product types (i.e. retail, office, multi-family, lodging, industrial, ALF/ senior living, etc.). In addition, the Portfolio Manager will be responsible for monitoring the real estate portfolio including, but not limited to, periodic review and analysis of financial information, identification of negative trends, and preparation of covenant checks in support of the commercial lending function.
Key Responsibilities Include
- Review monthly, quarterly and annual rent rolls, operating statements, etc. for progress, trends, issues, etc.
- Identify portfolio weaknesses and trends and alert Relationship Manager and Market/ Investor CRE Underwriting Manager to deteriorating portfolio conditions
- Prepare covenant checks as required by Loan Agreement and follow procedures for the handling of loans deemed to be “out of compliance.” Update nCinco as covenant checks are completed and advance the days accordingly.
- Monitor progress on construction loans via inspection reports, progress relative to borrower projections, delays, etc.
- Prepare annual reviews
- Update Loss Given Default and Probability of Default models according to required due dates, upon completion of construction or as a result of changing conditions that impact the risk profile
- Proactively manage upcoming loan maturities and renewals working with the Relationship Manager
- Monitor past dues and overdrafts working with the Relationship Manager to resolve
- Ensure loans are coded correctly on the loan system once approved and booked. Ensure construction loans are correctly re-coded once a project is complete
- Once a loan is booked, ensure that the covenant definitions in nCinco match the requirements in the Loan Agreement.
- Review Loan Reviews and respond as appropriate to any noted deficiencies
- Ensure nCinco is updated with the appropriate documentation evidencing the monitoring of the portfolio according to the applicable procedures.
- Attend client meetings with the Relationship Manager (when possible)
- Attend portfolio review meetings with product partners
Qualifications Include
- Bachelors Degree in business, accounting, or finance (Master's preferred)
- Prior experience underwriting Commercial Real Estate loans is required.
- At least 7 years of commercial credit experience required (as credit analyst, underwriter, portfolio manager or similar position)
- Microsoft Office suite
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor’s degree in business, accounting, or finance
- Prior experience underwriting commercial real estate loans
- At least 7 years of commercial credit experience as a credit analyst, underwriter, portfolio manager, or similar
- Microsoft Office Suite proficiency
- Master’s degree
First Horizon Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about First Horizon Bank and has not been reviewed or approved by First Horizon Bank.
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Retirement Support — Retirement offerings include a 401(k) plan with company matching contributions up to 6% of pre-tax income, alongside FSA/HSA options and a defined benefit pension plan. Stock purchase and equity programs (including options and RSUs) also add to longer-term wealth-building opportunities for eligible employees.
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Parental & Family Support — Parental leave is available for childbirth, adoption, foster parenting, or surrogacy, and adoption reimbursement is included in the package. These family-building benefits broaden support beyond traditional maternity/paternity leave structures.
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Wellbeing & Lifestyle Benefits — Wellbeing support includes an internal wellness program, an employee assistance program, and access to a digital wellness platform. Group life insurance and disability coverage (including no-cost options) strengthen financial protection and day-to-day support.
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What We Do
When we opened our doors in 1864 on North Court Street in Memphis, we had a simple mission: to provide the best service to our customers, one opportunity at a time. In the 150 years that followed, our communities transformed and expanded. We’ve seen our business and banking in general grow and adapt to the changing needs of customers through the years. But one thing that will always remain constant is our commitment to financial integrity and to helping our customers take good care of their money.
