Portfolio Manager Team Lead - SBCRE

The Small Balance Commercial Real Estate (SBCRE) Portfolio Manager Team Lead role is responsible for managing a team that is tasked with executing all portfolio management activities for monitoring, identifying, and managing the credit risk of the SBCRE portfolio which generally consists of loan transactions ranging from $1,000,000 to $5,000,000. The Portfolio Manager Team Lead will develop a team of SBCRE Portfolio Managers as well as individually engage in active portfolio management responsibilities ensuring timely, high-quality work product in analysis of borrower and guarantor financial statements, annual reviews, performance covenant testing, extensions, renewals, modifications and risk rating assessment. Key responsibilities include the following:

• Assist in the acquisition, retention and development of SBCRE Portfolio Managers with varying levels of experience. Formally manages, guides, mentors, and coaches in both technical and professional skills.

• Fosters a collaborative team culture that emphasizes credit quality, accountability and professional growth. The Team Lead will also monitor team performance, allocate workload and ensure timely completion of credit deliverables.

• Enforce individual and team performance goals necessary to comply with portfolio management standards. Proactively monitor and manage team's performance utilizing management reports, such as coming due and past due reports on annual reviews, covenants, exceptions, et al.

• Perform credit risk analysis to recognize and elevate signs of risk in an individual loan, relationship, or the portfolio, through completion of the recurring portfolio manager tasks, which include: analyzing borrower/property and guarantor financial performance upon receipt of reporting; preparing annual reviews, modifications and various memos for approval; and determining appropriate risk ratings.

• Complete detailed guarantor global cash flow analysis through review of personal financial statement and individual/business tax returns, assessing recurring income and debt capacity across multiple entities.

• Confirm compliance with performance covenants as defined in contractual agreements and as compared to underwritten expectations and notify Relationship Manager and / or internal legal counsel to ensure timely notice is delivered to Borrower in the event of a breach and maintain oversight of breach through resolution.  

• 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 / property financial performance upon receipt of reporting requirements, either monthly, quarterly or annually. Fully analyze and confirm financial covenant compliance, analyze payment performance benchmarks and perform regular financial reviews.

• Collaborate with Relationship Managers to efficiently lead the oversight and management of the Bank’s SBCRE loans / relationships.

• Provide recurring customer service to clients, which includes direct contact with customers either through participation in joint calls with Relationship Managers or direct correspondence.

Knowledge & Skill:

MINIMUM:

• Demonstrates excellent communication skills (verbal & written)
• Demonstrates excellent level of understanding of credit underwriting of all major investment CRE property types
• Demonstrates ability to understand and interpret policies/procedures, contracts, loan documents, credit reports, financial statements, and property reports
• Demonstrates excellent analytical skills, including underwriting of CRE properties and markets; and guarantor financial statements, including real estate schedules
• Demonstrates expert knowledge and understanding of how to process, structure, and renew/extend maturing loans
• Demonstrates strong knowledge of bank products, services, and bank operations
• Demonstrates ability to be self-starter, show initiative, and transfer knowledge to less experienced peers
• Demonstrates strong proficiency in Word, Excel, PowerPoint

PREFERRED:

• Ability to prospect and network at various levels within a company and industry
• Ability to conduct global cash flow (GCF) analysis of borrowers and guarantors utilizing tax returns, credit reports, and personal financial statements
• Advanced Excel skills - can create Pivot tables, conduct V&H Lookup; Simple Macros, etc.

Requirements:

MINIMUM:

• Bachelor’s degree in Business, Accounting, Finance, Real Estate or related fields
• 7 years commercial banking/finance experience (including 5+ years of specific commercial real estate experience) including credit underwriting
• Current valid driver’s license

PREFERRED:

• 10 years commercial banking/finance experience (including 7+ years of specific commercial real estate experience) including credit underwriting

Compensation Range:

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.

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