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Senior Portfolio Manager
Fifth Third Bank
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About this role
Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION: A Senior 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 problems and industry and/or company trends. The Senior Portfolio Manager is expected to be anticipatory, forward-focused, independent, transparent, and collaborative in the identification, communication, and management of risk. This position is client-facing, requiring the individual to lead diligence calls. 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. • Senior PMs will be assigned a larger portfolio with more complex names (lead clients, high-touch or more challenging sectors) • Actively involved in the recruiting, training and mentoring of junior team members to enhance their skills and performance. • Meet with prospects / clients as needed. • Create and deliver comprehensive portfolio performance reports and presentations for senior management, offering strategic insights and high-level recommendations. • Ensure the highest standards of accuracy and integrity in system records and electronic files, supporting advanced compliance and data governance initiatives. • Lead and contribute to high-level team meetings, providing strategic input on portfolio management strategies and organizational improvements. • Lead special projects and strategic initiatives aimed at significantly enhancing portfolio management processes and systems, ensuring alignment with organizational goals and successful execution
SUPERVISORY RESPONSIBILITIES: May include the direct or 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 8 years of experience in portfolio management or a related field. • Subject matter expert level 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.
Senior Portfolio Manager
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Dallas, Texas 75225 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
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, gend
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This posting doesn't disclose pay. Across 884 Dallas jobs with disclosed salaries on ForgeApply, the median is $142k.
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