CherryHillRecruiter Since 2001
the smart solution for Cherry Hill jobs

Portfolio Manager II

Company: M&T Bank
Location: Cherry Hill
Posted on: November 26, 2022

Job Description:

Overview: Provide direct support to Workout Officers, Special Assets Team Leaders, Regional Special Assets Managers, and Department Manager in regard to credit underwriting, portfolio management, compliance, and monitoring of new and existing customers within the Special Assets portfolio.

Primary Responsibilities:

  • Liaison with Workout Officers for the purpose of facilitating underwriting approval memos and Problem Loan Management Reports. Includes tracking the receipt of financial statements, ordering appraisals, compliance with covenants, and borrowing base certificates.
  • Attend client meetings with Relationship Managers in order to gain a thorough understanding of the client and their business in order to effectively assist in effective management of the portfolio.
  • Support portfolio management efforts by completing due diligence on clients including: trade reference verification, credit reports and industry/company research. Preparation of reports for regulators and management. Primary responsibility will also include Problem Loan Management Reports, and Scorecards.
  • Perform other related duties and special projects as requested by management.
  • Analyze financial information. Assist RMs in preparing cash-flow and collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis.
  • Participate in internal strategy discussions.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.Scope of Responsibilities: Incumbent works under general supervision and will work very closely with Workout Officers, Special Assets Team Leaders, Regional Special Assets Managers, and Department Manager in all aspects of the loan process. Impact extends to the Bank's long-term operations, revenues, and profitability.Supervisory/ Managerial Responsibilities: NoneEducation and Experience Required: Bachelors degree or four years of equivalent related experience. 5 years of commercial lending or commercial credit experience.Requires very strong financial analytical skills. Bankruptcy experience preferred.Solid knowledge of personal computers. Thorough knowledge of various software programs: Word, Excel and other departmental software.

    Education and Experience Preferred: Excellent analytical ability. Knowledge of credit principles. Highly motivated, detail-oriented self-starter. Excellent communication and organization skills. Ability to interact with external and internal personnel using tact and diplomacy. Ability to work under critical time constraints. LocationCherry Hill, New Jersey, United States of America

Keywords: M&T Bank, Cherry Hill , Portfolio Manager II, Executive , Cherry Hill, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Cherry Hill RSS job feeds