Portfolio Manager - Metals, Materials and Construction
Fifth Third Bank, N.A.
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GENERAL FUNCTION: A Portfolio Manager will have primary responsibility for managing a portfolio of commercial loans and ancillary credit exposure through their review of updated financial statements and proactive monitoring of the business. This role includes client interaction, managing portfolio risk, and adhering to policy and regulatory guidelines. A critical component of this role is the early identification of emerging credit concerns and industry and/or company trends. The Portfolio Manager is expected to be anticipatory, forward-focused, independent, transparent, and collaborative in the identification, communication, and management of risk.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
+ Maintain an independent current and forward-looking view on the creditworthiness of each client and communicate this view to business and risk partners.
+ Work closely with Credit Risk and Relationship Managers to actively manage the bank's exposure to the clients in the portfolio.
+ Analyze historical financials and projections to ensure accurate risk ratings.
+ Manage approval and documentation process for loan extensions, amendments, waivers and ancillary products, including treasury management, FX, interest rate derivatives, and commodity exposure.
+ Understand and articulate industry trends.
+ Ensure compliance with internal policies and regulatory guidelines.
+ Actively involved in the recruiting, training, and mentoring of junior team members to enhance their skills and performance.
+ Prepare portfolio performance reports and presentations for senior management, providing strategic insights and high-level recommendations.
+ Ensure the accuracy and integrity of system records and electronic files, supporting compliance and data governance initiatives.
+ Lead and facilitate high-level team meetings, contributing to strategic discussions on portfolio management strategies and organizational improvements.
+ Lead special projects and strategic initiatives aimed at enhancing portfolio management processes and systems, ensuring alignment with organizational goals and successful execution.
SUPERVISORY RESPONSIBILITIES: Includes the indirect supervision and direction of the day-to-day activities of junior portfolio management team members. Responsible for providing employees with timely, candid, and constructive performance feedback. Develop employees to their fullest potential and provide challenging opportunities that enhance employee career growth. Develop the appropriate talent pool to ensure adequate bench strength and succession planning. Recognize and reward employees for accomplishments.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
+ Bachelor’s degree in Finance, Business Administration, or a related field.
+ Minimum of 6 years of experience in commercial/corporate banking portfolio management, ideally including metals, materials and construction .
+ Strong understanding of accounting, credit, structuring, underwriting, and legal documentation.
+ Excellent interpersonal and communication skills and proven ability to work collaboratively with business partners.
+ Ability to manage multiple projects and meet deadlines.
Portfolio Manager - Metals, Materials and Construction
Total Base Pay Range 80,500.00 - 169,100.00 USD Annual
LOCATION -- Charlotte, North Carolina 28202
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
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