Corporate Banking Senior Portfolio Manager - Foreign Corp
Posted on: November 26, 2022
Citizens Bank is seeking an experienced Portfolio Manager to join
our Ft. Washington or Philadelphia office in our Foreign Corporate
Banking group. The Portfolio Manager is responsible for effective
credit and risk administration with particular emphasis on
adherence to credit policy and requirements, financial
analysis/modeling, risk evaluation, on-going portfolio maintenance
activities, and as needed client support for an assigned portfolio
of Mid Corporate clients (annual sales revenue between $500MM and
Primary responsibilities include:
- Ensure the overall portfolio performance and asset quality
remains strong and is able to independently assess, and, jointly
with Relationship Managers, develop strategies and actions to
resolve issues that could increase risk and/or create loss for the
- Independently interacts with senior management of customers and
prospects in order to discuss and resolve risk related issues,
develop, and deliver presentations to senior management and at
credit review and approval meetings, exhibits skill at negotiation
and the development of loan structuring options, engages with
Syndications on multi-bank transactions and is skilled in the area
of large exposures and complex credit situations.
- Manage a portfolio of the most complex credits and will perform
the functions of the position with only periodic oversight and is
expected to perform with very limited supervisory intervention.
Specific tasks may include:
- Assures compliance with CFG commercial credit policy.
Effectively maintains high quality credit file documentation.
Applies credit skills, product knowledge, and sound judgment to
assess credit risk. Exhibits knowledge of various types of loan
terms and conditions and understanding of loan documentation.
Consistently adheres to all regulatory compliance
- Post-Closing Audit for new loans, renewals, and modifications,
running financial models using a variety of formats/systems,
preparing annual reviews, renewal requests, reviewing Borrowing
Base Certificates and surfacing liquidity concerns, preparation of
CPS and appendices, Sponsor/Guarantor analyses, completion of
regular compliance checks. Prepares underwriting documents for new
credit transactions and gains approval, in concert with
Relationship Management. Negotiates loan documents, prepares, and
reviews financial models for accuracy, is skilled at addressing
Past Due situations and has extensive knowledge of credit policies,
in particular. Can complete the most complex underwriting documents
with minimal involvement from the RM or application of the policies
to a variety of situations.
- Oversees assigned portfolio of credits and anticipates
portfolio problems and takes action to develop solutions, handles
multiple demands and competing priorities meets deadlines and
schedules associated with maintaining portfolio compliance with
credit and risk policies.
- Actively and effectively manages assigned portfolio including,
but not limited to: tracking of delinquency, exceptions, matured
loans, collateral monitoring, financial statement receipt and
analysis, covenant compliance monitoring, annual review process,
proper completion and validation of credit grading models,
quarterly/monthly monitoring requirements, and needed
- Provides feedback, direction, and oversight by reviewing the
work done by credit analysts or junior PMs who are supporting a
senior level PM with the tasks noted above as part of Portfolio
Management & Oversight.
- Provides client management support for assigned portfolio.
Regular level of direct client interaction and can resolve the most
complex issues related to credit monitoring and administration with
client directly. Understands and stays abreast of industry
information related to the customer segment and/or industries
represented within the assigned portfolio. Shares insights and
learnings with other RMs and PMs. Actively engages with
Relationship Managers on progress, issues, and challenges regarding
a particular customer relationship or portfolio concern.
Pro-actively offers ideas and solutions to address issues in
partnership with RMs. Develops and presents credits during reviews
and approval meetings, engages with Syndications on multi-bank
transactions, and prepares pitch books for new client
- Exhibits expert knowledge or clients/credits included in the
portfolio when interacting with peers, relationship manager, team
leader, and senior managers across departments/work teams. Exhibits
comprehensive written and verbal communication skills. Regularly
interacts with and develops relationships with existing and
potential customers. Fully understands suite of cross sell services
and can convey benefits of such to existing client base. May review
work of other portfolio managers or credit analysts who may perform
financial analysis or modeling (in support of an expert level PM)
for completeness and accuracy. Regularly acts as a coach and mentor
for junior level PMs and credit analysts. Pro-actively builds
relationships both within department and across business unit.
Shows ability to influence RMs around credit decisions. Can view
credit/client situations from multiple angles and can debate the
merits of a given transaction and defend position both internally
- 10+ years of experience and exhibited competency in financial
analysis and credit structuring, understanding, and applying credit
policy, and credit monitoring and risk administration
- Expected to have highly advanced level of credit experience,
documentation experience in proposing and negotiating, both
internally and externally, credit and covenant structures and
- Self-starter, enjoying working in an entrepreneurial
environment, proven ability in adaptability and problem
- Highly skilled in financial modeling and able to quickly
structure credit in modeling environment. Able to advise RMs on how
to structure the credit relationship.
- Exhibits competency at independently reaching conclusions and
forms clear view of credit structure and business risk to
- Has deep understanding of industry nuances applicable to the
credits contained within assigned portfolio.
- Displays deep understanding of capital structures, with clear
knowledge of the difference between senior and other layers of
- Highly developed communication skills and the ability to
influences others by persuasively presenting thoughts and ideas to
gain commitment and agreement for proposed ideas and
- Strong PC Proficiency and Microsoft Office applications,
advanced knowledge of different financial modeling systems and
strong presentation development and delivery skills.
- Experience with IFRS accounting standards, LMA loan
documentation, and European syndications is a plus.
Education, Certification, and/or Other Professional Credentials:
- Bachelor's Degree in Business, Finance, Accounting, Economics,
or equivalent work experience.
Hours and Work Schedule
Hours per Week: 40+
Work Schedule: Monday - Friday
Some job boards have started using jobseeker-reported data to
estimate salary ranges for roles. If you apply and qualify for this
role, a recruiter will discuss accurate pay guidance.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around
helping our customers and giving back to our local communities.
When you join our team, you are part of a supportive and
collaborative workforce, with access to training and tools to
accelerate your potential and maximize your career growth.
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies provide
equal employment and advancement opportunities to all colleagues
and applicants for employment without regard to age, ancestry,
color, citizenship, physical or mental disability or perceived
disability, ethnicity, gender, gender identity or expression,
genetic information, genetic characteristic, marital or domestic
partner status, victim of domestic violence, family
status/parenthood, medical condition, military or veteran status,
national origin, pregnancy/childbirth/lactation, colleague's or a
dependent's reproductive health decision making, race, religion,
sex, sexual orientation, or any other category protected by
federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens is a brand name of Citizens Bank, N.A. and each of its
Keywords: Citizens, Philadelphia , Corporate Banking Senior Portfolio Manager - Foreign Corp, Accounting, Auditing , Berwyn, Pennsylvania
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