Portfolio Manager I - Commercial

Job Description

Job Description

The Portfolio Manager is responsible for underwriting, managing, and monitoring a portfolio of commercial banking relationships. Working closely with Relationship Managers and Credit Officers, this position plays a key role in evaluating lending opportunities, structuring credit facilities, managing portfolio risk, and supporting the growth and profitability of client relationships.

Reporting through the Commercial Banking business line, the Portfolio Manager serves as an integral member of the relationship management team, providing financial analysis, credit expertise, and transaction support throughout the lending lifecycle. The position requires strong analytical capabilities, sound commercial judgment, and a collaborative, solutions-oriented approach to relationship management.

Essential Functions

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

1. Partner closely with Relationship Managers and Credit Officers in the evaluation, underwriting, structuring, approval process, and ongoing management of commercial banking relationships.
2. Prepare comprehensive credit underwriting packages, including financial statement analysis, cash flow assessment, repayment capacity, risk evaluation, and credit recommendations for new and existing borrowers.
3. Collaborate with Relationship Managers to evaluate new lending opportunities, structure credit facilities, and develop financing solutions that align with client needs and the Bank's credit standards.
4. Manage and monitor an assigned commercial loan portfolio, including annual reviews, renewals, financial reporting requirements, covenant compliance, collateral monitoring, and overall credit quality.
5. Proactively identify emerging credit risks, changes in borrower financial performance, and potential portfolio concerns, working collaboratively with Relationship Managers and Credit to develop appropriate solutions.
6. Serve as a key liaison between Relationship Managers, Credit, Loan Operations, and other internal partners to facilitate timely and efficient credit approvals, loan closings, and ongoing portfolio administration.
7. Participate in client and prospect meetings alongside Relationship Managers, as appropriate, to understand business operations, evaluate financial performance, and identify financing and broader banking needs.
8. Monitor portfolio performance, including past dues, documentation exceptions, collateral deficiencies, financial trends, and relationship profitability, ensuring timely resolution of outstanding matters.
9. Support the retention, expansion, and profitability of existing commercial banking relationships through proactive portfolio management, effective communication, and identification of additional banking opportunities.
10. Work collaboratively with Relationship Managers and Credit Officers to negotiate and recommend appropriate loan structures, terms, conditions, and covenants consistent with the Bank's lending objectives and risk appetite.
11. Ensure compliance with applicable regulatory requirements, established credit policies, and Bank procedures while maintaining accurate and timely credit documentation and reporting.
12. Develop and maintain strong working relationships with clients and internal partners, demonstrating professionalism, responsiveness, sound judgment, and a commitment to delivering a high level of service.
13. Perform all other duties as assigned.

Skills and Experience

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.
• 5+ years of experience in commercial banking, commercial credit underwriting, portfolio management, or a related financial services role.
• Strong knowledge of commercial lending practices, credit analysis, financial statement analysis, cash flow assessment, and risk management.
• Experience underwriting and managing commercial and industrial (C&I) lending relationships preferred.
• Demonstrated ability to evaluate commercial credit transactions, assess repayment capacity, and develop well-supported credit recommendations.
• Strong understanding of commercial loan structures, collateral requirements, financial covenants, and ongoing portfolio monitoring.
• Excellent interpersonal and communication skills, with the ability to effectively collaborate with Relationship Managers, Credit Officers, clients, and senior leadership.
• Strong organizational skills with the ability to manage multiple credit transactions, competing priorities, and portfolio responsibilities.
• Ability to balance prudent credit risk management with a commercial, relationship-oriented approach to banking.
• Proactive, solutions-oriented mindset with strong analytical capabilities, attention to detail, and sound business judgment.
• Ability to work independently while contributing effectively within a collaborative commercial banking team.

Position Type:

This position is a full-time, exempt position. Typical work hours are Monday through Friday, 8:00am to 5:00pm.

Travel: 

Some travel between Third Coast Bank offices may be required.