Manage Portfolio Managers for Business Banking credit and risk management. Oversee compliance with bank policies while supporting company growth and risk management goals.
Responsibilities
Manage a team of Portfolio Managers for the Business Banking (BB) and Small Business Banking (SBB) portfolios
Oversee and support the credit and risk management in full compliance with bank policies and procedures
Coordinate and monitor portfolio workflow, process and procedures
Maintain compliance with UMB policies and procedures
Develop, train and supervise PM's with accountability for effectiveness, productivity and team performance
Ensure quality and timely underwriting for the completion of renewals, annual reviews, loan modifications and migrations
Complete financial spreads, analyze financial statements and underwrite to complete Loan Proposals with proper loan structures, risk identification and risk mitigants
Complete or negotiate workout credit terms and engage with UMB Legal and outside counsel as needed
Recognize and manage early warning signs for the portfolio
Manage and administer loans identified as Strategic Asset Management (SAM) loans
Manage and monitor SAM reports as applicable
Requirements
Bachelor's degree in Business, Accounting, Finance or related area with at least 6 hours of accounting
5+ years in Business/Commercial Banking including 3+ years with specific lending and/or underwriting experience
3+ years business loan workout and collections experience
2+ years management or supervisory experience
Strong credit skills with the ability to make credit decisions
Strong financial analytical skills with ability to solve complex problems by interpreting data and results
Senior-level credit underwriting and accounting knowledge
Excellent writing skills to create credit memos
Excellent verbal and interpersonal skills to communicate with Relationship Manager and Credit Managers
Ability to work independently
Expert-level of proficiency with Word and Excel to create tables and spreadsheets for credit memos.
Benefits
Paid Time Off
401(k) matching program
Annual incentive pay
Paid holidays
Comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
Health savings, flexible spending, and dependent care accounts
Adoption assistance
Employee assistance program
Fitness reimbursement
Tuition reimbursement
Associate wellbeing program
Associate emergency fund
Various associate banking benefits
Job title
Portfolio Administration Manager – Business Banking
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