First State Bank’s mission is to treat the community as our home, customers as our neighbors, employees as our family, and by so doing, create value for our shareholders. Our Core Values are: Genuinely Care, Trust, Relentless Improvement and Accountability. All FSB employees perform their daily job responsibilities following these guiding principles in all aspects.
Summary
As a Portfolio Manager, you will support our Specialty Banking team with upfront identification, underwriting, loan closings and portfolio maintenance of clients on a regional and national basis; and coordination of calling efforts on identified prospects with Bank team partners. You will be responsible for a variety of tasks including:
- Supporting the management of profitable client relationships and working with other areas in the Bank including Credit, Loan Operations and Executive Management.
- Assist the Specialty team in cross-selling of the Bank’s lending, depository and treasury management products to new and existing bank clients and assisting in the review
- Structure of large complex transactions, present deals to credit and management, negotiate credit terms, and legal documentation with clients and referrals.
- Lead underwriting on loan presentations
- Ensure the overall success and growth of an assigned portfolio by deepening relationships of existing clients and through the acquisition of new clients.
Additionally, Portfolio Manager is expected to manage an existing portfolio of clients and monitor their operating performance that includes:
- Review monthly/quarterly financial statements.
- Completion of renewals, modifications, annual reviews, watch loan reports and borrowing base reconciliations.
- Monitor client relationship for compliance with credit standards.
You will be asked to participate in community and business functions to ensure a positive image for the bank within the regional market, the industry and industry specific groups. You will establish referral contacts within the community and industry that are an important part of the role. Finally, you will build a positive rapport with clients and fellow associates and treat others with respect and consideration regardless of their status or position.
All associates are expected to maintain current knowledge and consistent compliance with regulations and bank policies and procedures related to the position.
Minimum Requirements
- Bachelor’s degree in related field or equivalent combination of education and experience.
- 2+ years of relevant experience in specialty or commercial banking.
- Related specialty banking or finance experience.
Desired Qualifications
- MBA or certification in the field preferred.
- 5+ years of relevant experience in specialty or commercial banking.
- Industry specific credit background.
- Credit Spreading and Risk Analyst experience.
- Completed formal credit training program.
- Strong communication, writing, and sales skills.
Skills and Abilities
- Proficient in Microsoft PowerPoint, Word and Excel.
- Identify key relationships to achieve strategic goals and provide strong credit knowledge.
- Clearly and enthusiastically convey information and ideas in a manner that engages and persuades clients.
- Well-developed and proven organizational skills with ability to utilize time efficiently.
- Ability to make sound and timely decisions, to consistently deliver on commitments, and assume responsibility for results.
Work Environment:
- Office setting with traditional hours.
- Must be able to work at a rapid pace for long periods of time (typically no longer than 8 hours).
- Must be able to work additional hours outside routine business hours to the extent necessary.
- Must be able to travel – estimated at or less than 10% of the time.
Other duties as assigned.
This job description is subject to change at any time.
