Hybrid Senior Portfolio Manager – Business Banking

at UMB Bank

• Job title: Senior Portfolio Manager – Business Banking
• Job type: Full Time
• Experience level: Senior
• Salary: $51,480 - $99,330 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Overland Park, United States

About the role

• Portfolio Manager handling credit underwriting and analysis for Business Banking. Responsible for financial statement analysis and providing risk guidance across multiple states.

Responsibilities

• Perform credit underwriting related to requests for renewals, modifications, changes in terms, credit reviews and reaffirmations for the Business Banking and Small Business Banking credit portfolios.
• Perform spreading company financial statements and tax returns.
• Analyze financial statements, personal financial statements, and performance metrics for explanation of variances, to identify trends, and to address a credit strategy appropriate for the credit risk.
• Present solutions to credit structure, covenants, financial reporting requirements and other credit conditions to the Portfolio Manager.
• Provide specialized risk guidance and advice on existing portfolio of watch list credits across a multi state geographical footprint.
• Secure financial information and test covenants requirements.
• Provide timely client follow up and ensure that loan servicing actions, such as past due payment collections, demand letters, law suits, and liquidations are properly administered.
• May perform site visits if needed.
• Address complaints successfully, resolve documentation exceptions and covenant requirement violations.
• Other duties as assigned.

Requirements

• Bachelors Degree in Business, Accounting, Finance or related area with at least 6 hours of accounting
• 1+ year in Business Loan experience (up to $5MM)
• 1+ year credit analysis experience
• Demonstrates credit decision making skills and ability
• Demonstrates financial analytical skills with ability to solve complex problems by interpreting data and results
• Demonstrates excellent writing skills to create credit memos
• Demonstrates excellent verbal and interpersonal skills to communicate with sales force and credit managers
• Demonstrates ability to work independently
• Demonstrates proficiency of Excel, and Word to create tables and worksheets for credit memos

Benefits

• Paid Time Off
• 401(k) matching program
• Annual incentive pay
• Paid holidays
• A comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage
• Health savings, flexible spending, and dependent care accounts
• Adoption assistance
• An employee assistance program
• Fitness reimbursement
• Tuition reimbursement
• An associate wellbeing program
• An associate emergency fund
• Various associate banking benefits