VP Portfolio Manager Tailored Lending Liquid Products

VP Portfolio Manager Tailored Lending Liquid Products

Requirements

• Bachelor’s degree required
• Minimum 5-7 years of lending and credit experience in private bank, investment bank and/or commercial bank
• Detail oriented with exceptional analytical skills and ability to understand complex financial statements and loan structures
• Excellent oral and written communication skills and ability to interact with individuals on all levels
• Ability to meet deadlines and multi-task in a fast-paced environment
• Ability to collaborate effectively with related parties across the firm

Responsibilities

• Managing modifications, renewals, and annual reviews of existing credit facilities within a diverse portfolio of SBL and Life Insurance Loans
• Performing credit analyses covering financial statements and collateral and review of loan documents
• Producing high quality credit memoranda clearly outlining transaction structure, results of the above credit analyses, and evaluation of strengths and risks of the transactions for Credit Risk Managers’ review and approval
• Running point on loan modifications to existing credit facilities in partnership with Lending Transactors and Credit Professionals
• Continuously monitoring financial condition and performance of loan parties, covenant compliance, and collateral valuations and communicating results to business unit and management
• Valuing collateral to advise on margin calls and working with the Business, Operations, FA teams and Clients to resolve
• Tracking developments in the capital markets, macro-economic and geopolitical events to keep abreast of potential impact on the financial conditions of loan parties
• Timely amending loan classifications/risk ratings and performing impairment analysis when necessary
• Partnering with Lending Transactors and Credit Professionals in transition of loans to Asset Management
• Working with all relevant parties including Clients, Financial Advisors, Private Bankers, Loan Operations, Compliance and Legal teams throughout the loans’ lifecycle
• Ensuring portfolio data integrity within internal systems
• Ensuring accurate and timely updates of loan portfolio metrics/reports
• Assisting with the build out and continuous improvement of the asset management processes and procedures within Tailored Lending

Preferred Qualifications

• FINRA Series 7 and Series 66 Licenses preferred but not required
• Experience with troubled debt restructuring and non-accrual loans a plus