Recognizes the leader in youAs one of the region’s foremost community banking institutions, we take pride in fostering leadership.
As a Firstrust employee, your growth is our growth.
For you, that means great benefits, performance-based pay, a meaningful role, and resources to help your success.
For us, that means employees who offer exemplary customer service with a commitment to our values - honesty, integrity and accountability.
*Hybrid Position*
The Portfolio Manager requires in-depth knowledge and experience in exercising sound judgement using best practices within credit and risk administration.
JOB DUTIES AND RESPONSIBILITIES:
- Ensure all Service Level Agreements, regulatory compliance requirements, and Bank’s credit risk profiles and profitability are monitored and maintained.
- Responsible to protect and preserve the integrity of the pooled or individual portfolio while sustaining profitability, accurately accessing/managing risk, and managing the annual review process.
- Analyzes portfolio relationships with reasonable involvement from the Relationship Manager.
- Prepares financial models, credit memorandums and has conceptual and practical knowledge of credit policies with the ability to apply them to a variety of situations.
- Exhibits general understanding of organizational structures, documentation, covenants and/or collateral structures.
- Effectively tracks and monitors financial reporting requirements and reviews Borrowing Base certificates.
- Uses best practices to provide loan recommendations based on a review of all underwriting criteria for final approval.
- Exercises adherence to internal portfolio/underwriting processes including timely and accurate data entry to Vikar and/or other centralized systems, as well as, maintaining high quality file documentation in a
- paperless environment.
- Acts as a resource for colleagues with less experience and may lead projects with moderate resource requirements, risk and/or complexity.
OTHER JOB DUTIES AND RESPONSIBILITIES:
- Assists in the development of new business for Firstrust. Is alert to expressed customer/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.
- Other duties as assigned.
PHYSICAL AND SENSORY REQUIREMENTS:
- Prolonged periods sitting at a desk and working on a computer.
POTENITAL ON-THE-JOB-RISKS:
- None identified.
EDUCATION, TRAINING AND EXPERIENCE:
- 3-5 years of banking experience and commercial credit
- Extensive knowledge of and experience with credit policies and procedures.
- Demonstrates the ability to coach, lead, and motivate.
- Strong interpersonal skills and good oral written communication skills.
- Knowledge of software/systems required to successfully perform job function.
- Must be a Vikar Subject Matter Expert.
- Proven history of managing high volume workflows.
Firstrust Bank provides equal employment opportunity without regard to race, color, creed, sex (including pregnancy), age, gender, (including gender nonconformity and status as a transgender or transsexual individual), physical or mental disability, religion, national origin, genetics, marital status, veteran’s status, ancestry, citizenship, sexual orientation, or other characteristics protected by applicable law. This policy applies to all areas of employment, including, without limitation, recruitment, hiring, training and development, promotion, transfer, termination, compensation, benefits, and all other conditions and privileges of employment in accordance with applicable federal, state and local laws.
Firstrust provides reasonable accommodations so that disabled individuals may participate in the application and selection process. Please state your reasonable accommodation request for assistance in your message.
Only reasonable accommodation requests related to applying for a specific position within Firstrust will be reviewed at the email address and phone number supplied.
Please advise Firstrust of any accommodation you require to express an interest in a specific opening by emailing or calling: [email protected] or 215-728-8265.
Skills Required
- 3-5 years of banking experience and commercial credit experience
- Extensive knowledge of credit policies and procedures
- Ability to coach, lead, and motivate
- Strong interpersonal skills and strong oral and written communication skills
- Knowledge of software and systems required to perform the job
- Vikar subject matter expertise
- Proven history of managing high-volume workflows
What We Do
Founded 85 years ago, Firstrust’s business is serving the banking needs of our business and retail customers in the Philadelphia region. From large operating companies, real estate developers, manufacturers, and doctors to young families and grandparents – we’re here for them all. Our promise is to empower their success by offering them the most tailored, state-of-the-art banking solutions they can get, along with advice on how to best manage their finances, build their businesses, and overcome financial challenges. The core value of always being there for our customers - especially when they need us most - has made us the largest family-owned commercial bank in our region. And it’s also why thousands of the most successful entrepreneurs, innovators, and leaders come to us FIRST when they need help making their biggest dreams a reality.
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