VP Senior Portfolio Manager

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We're always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you're challenged, valued and empowered every day. We strive to be the best destination for the industry's top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

OFFICE LOCATION:

Abilene, Texas, United States

SCOPE/CONTACTS:

This position reports directly to the EVP of Commercial Banking and works with the Corporate Lending Team and Credit Administration Team to maintain high quality credit and risk management for the Middle Market Portfolio. This position requires a high expertise of loan structuring, closing, monitoring, and workout to ensure the middle market portfolio of FFIN is maintained with the highest level of oversight. Primary function is the origination support and ongoing risk management of higher exposure loan relationships in order to help identify potential loan problems and identify opportunities to expand the portfolio within the credit appetite of the Bank. This position would also work with the Head of Commercial Banking to train high-performing credit analysts to build future middle market lenders within the organization.

ESSENTIAL FUNCTIONS:

Portfolio Management

• Work directly with commercial lenders in every market of FFIN on certain credits requiring advanced expertise and monitoring
• Oversight of Financial Reporting and Covenant Tracking on larger and more complex credit relationships
• Analyzing financials on existing relationships and preparing update loan file memos and approval memos
• Report regularly on status of pipeline/capacity with middle market lending team
• Directly manage certain credits as directed by EVP of Commercial Banking
• Work closely with Credit Administrators and Chief Lending Officer to ensure oversight and portfolio maintenance adheres with FFB credit policy and risk appetite

Pre-Funding Review

• On credits over $2,000,000, provide pre-funding reviews to include the following:
  • Review of Closing Documents to ensure alignment with approved terms by loan committee
  • Review of Loan Agreement to ensure all necessary covenants and other requirements are clearly and correctly defined
  • Review of Perfection documents to ensure a proper lien will be obtained prior to disbursing funds to the Borrower
• Work with Lenders to correct any issues prior to loan closings
• Report regularly to EVP of Commercial Banking and Chief Lending Officer on noticeable trends and continued errors from Lenders

Other Tasks

• Assist with any audits/risk reviews, including coordinate responses, monitor action steps for remediation, etc.
• Provide sales & customer service support as necessary, be available for joint calling efforts with the team and senior management
• Oversee and train junior portfolio managers as necessary to build and grow future middle market lenders for the Company

MINIMUM QUALIFICATIONS:

• Four Year Bachelor's degree with a minimum level of accounting background
• Minimum five years' experience working in portfolio management or similar position
• Formally Credit Trained and demonstrates experience and judgment with credit decisions and analysis
• Demonstrated experience, knowledge and judgment with structure, credit decisions and analysis
• Able to grasp and understand C&I, C&D, and CRE concepts and structures
• Able to coach and mentor junior bankers on credit skills
• Able to prepare comprehensive, cohesive, detailed written analysis and narrative

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)