Corporate Banking Portfolio Manager I - Healthcare

Description

normal;background:white">Citizens Bank is seeking
an experienced Portfolio Manager to join our NYC or Stamford, CT office. 

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normal;background:white">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 Healthcare
clients (annual sales revenue between $500MM and $5B). 

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normal;background:white">Responsibilities:

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normal;background:white">This position is
responsible for ensuring 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 Bank.

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normal;background:white">Will independently interact 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.

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normal;background:white">Manages 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.

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normal;background:white">Specific tasks may
include: 

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normal;background:white">Assures compliance with
Citizens Bank 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
requirements.

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normal;background:white">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 and 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.

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normal;background:white">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.

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normal;background:white">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 modifications.

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normal;background:white">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 acquisition.

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normal;background:white">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. 

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normal;background:white">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.  Is able to view credit/client
situations from multiple angles and can debate the merits of a given
transaction and defend position both internally and externally.

Qualifications

• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">6+ years of experience and
  exhibited competency in financial analysis and credit structuring,
  understanding and applying credit policy, and credit monitoring and risk
  administration practices. Bachelors Degree required.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Expected to have highly
  advanced level of credit experience, documentation experience in proposing
  and negotiating, both internally and externally, credit and covenant
  structures and documenting loans.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Bachelor’s Degree in Business,
  Finance, Accounting, Economics, or equivalent work experience. 
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Self starter, enjoying working
  in an entrepreneurial environment, proven ability in adaptability and
  problem solving. 
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">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.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Exhibits competency at
  independently reaching conclusions and forms clear view of credit structure
  and business risk to Bank.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Has deep understanding of
  industry nuances applicable to the credits contained within assigned
  portfolio.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Displays deep understanding of
  capital structures, with clear knowledge of the difference between senior
  and other layers of debt.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Highly developed communication
  skills; and ability to influences others by persuasively presenting
  thoughts and ideas to gain commitment and agreement for proposed ideas and
  solutions.
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Strong PC Proficiency and
  Microsoft Office applications, advanced knowledge of different financial
  modeling systems and strong presentation development and delivery
  skills.       
• auto;line-height:normal;mso-list:l0 level1 lfo1;tab-stops:list .5in;
  background:white">Prior corporate banking Healthcare
  experience strongly preferred

Why Work for UsAt 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 OpportunityIt is the policy of Citizens Bank to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.Equal Employment and Opportunity Employer/Disabled/VeteranCitizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries.