Position Title
Sr. Portfolio Manager
Location
Atlanta, GA 30305
Job Summary
A Portfolio Manager must be an analytical, organized individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on analysis. Primary responsibilities include underwriting, approving, monitoring and maintaining the credit quality of a loan portfolio. Portfolio Managers maintain working relationships with the customers. Additional responsibilities include ordering and interpreting due diligence items (environmental, appraisal, inspections, front end construction analysis, etc.).
Job Responsibilities:
- Manage a portfolio of commercial accounts – typically 15-40 relationships.
- Maintain working relationships with customers and Agent Banks.
- Prepare Flagstar Approval Memos, Modifications and Portfolio Reviews (for new approvals, renewals, amendments, etc.).
- Work with the Relationship Manager to discuss appropriate credit structures using in-depth credit analysis and industry and company research while also ensuring compliance with all external and internal policies.
- Collect and track borrower financial information (statements, borrowing base certificates, leases, guarantor information) & test loan covenants.
- Set up required reporting and covenant tracking ticklers for new customers. Ensure loans are properly booked and coded.
- Special projects as directed by management.
- Attend Credit & Sales Team Meetings, approval Committees and Deal screening meetings.
- Ensure compliance with applicable federal, state and local laws and regulations. Complete all required compliance training. Maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Take responsibility to keep up to date with changing regulations and policies.
- Collaborate with other PM’s to share best practices.
Job Requirements:
- 10+ years of experience
- Handles transactions/relationships/portfolio with high level of complexity
- Experience working with less experienced team members to mentor and develop them, sharing expertise and insights
- Must possess highly advanced credit analysis skills (prefer a candidate with formal credit training)
- Working knowledge of account inquiries and investigation.
- Working knowledge of systems and profitability charts.
- Demonstrated knowledge of financial statement analysis.
- Ability to effectively interact with all levels of leadership and employees within the organization.
- Ability to work autonomously, handle multiple projects simultaneously and adapt to new demands and challenges.
- Familiarity with AFS and Baker Hill/Experian is a plus.
- Credit Analysis or Loan Review experience, preferably in the banking industry.
- Must be proficient in basic software applications, such as Microsoft Office products including Word, Excel & PowerPoint and have a basic knowledge of online researching.
- Demonstrate excellent verbal and written skills, interpersonal skills, and analytical and problem solving skills.
- Ability to travel up to 10%.
Top Skills
What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
