Manager of Commercial Portfolio Managers

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Position Summary

The Manager of Portfolio Managers provides expert analytical, underwriting, and portfolio management support to an assigned portfolio and group of Portfolio Managers. The role partners with commercial bankers to perform independent analysis of creditworthiness, prepare credit write-ups, monitor assigned portfolios, and support clients through the lending process. The Manager of Portfolio Managers can support the most complex and specialty credits with minimal supervision. The Manager of Portfolio Managers will serve as a coach and mentor to less experienced associates and be responsible for all managerial duties and responsibilities.

Essential Duties and Responsibilities

·          Plans, directs and supervises the daily operations of their assigned group of Portfolio Managers: collaborates in hiring and retention; maintains schedules, coaches, conducts performance appraisals, disciplines, trains and cross trains staff regarding service expectations, job performance standards, policies, procedures, regulations and systems.

·          Develops credit information for use by credit officers or committees in the making of lending decisions regarding new, renewal, and extension loans, by reviewing all pertinent credit and financial information, including reporting services, credit bureaus, other companies, and electronic stored files.

·          Analyzes factors such as income growth, margins, trends, quality of management, market shares, potential risks of industry and collateral appraisals.

·          Prepares credit and cash flow analyses; submits credit approval documents and write-ups to appropriate personnel for decision making.

• Provide ongoing monitoring of assigned portfolios to ensure asset quality and customer service standards are met.

• Conduct ongoing portfolio review of past dues, exceptions, and maturing loan reports.

• Monitor compliance with loan agreements and covenants; spread ongoing required financial statements as received from customers.

• Report past dues to officer or make contact to collect payment; work with officer to collect items needed for renewal processing.

• Make appropriate recommendations for monitored accounts; report deteriorating credit situations to officer.

• Participate in deal discussion meetings between lending personnel, market managers, and credit officers.

• Assist in the lending and sales process by accompanying lenders on customer and prospect calls when necessary.

• Work directly with other internal departments, including appraisal services group and loan administration.

• Work with third-party attorneys for loan documentation preparation (with guidance on complex matters).

• Perform in-house appraisals and inspections on collateral.

• Ensure funding of construction loan disbursements in accordance with bank policy; work closely with borrower, CCFG, title companies, and other third parties; maintain ongoing monitoring and record-keeping.

• Ensure adherence to credit policy, guidelines, and regulatory requirements.

• Ensure all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

• Performs other duties, additional responsibilities, and project leadership tasks as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.

• Ability to read, analyze, and interpret financial reports and/or legal documents.

• Ability to write routine reports, business correspondence, and procedures manuals.

• Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community.

• Ability to effectively present information in one-on-one and small-group situations, to customers, clients, and other employees.

• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.

• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Education and/or Experience

• BS/BA Degree in Business, Accounting, Finance, or a related field required.

• 10+ years prior applicable experience including credit analyst, commercial lender, or portfolio manager.

• Prior supervisory experience preferred.

Computer Skills

• MS Office programs, with intermediate to advanced proficiency in Microsoft Excel.

• Financial spreading software.

• Familiarity with bank operating systems (e.g., Loan Vantage, Synapsis, Synergy) or equivalent.

Certificates, Licenses, Registrations

• None.

Other Qualifications (including physical requirements)

• Self-starter; ability to work independently with appropriate supervision.

·          Ability to lead other employees in the achievement of their duties.

• Ability to manage multiple projects and prioritize effectively.

• Strong analytical and organizational skills.

• Excellent written and verbal communication skills.

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.  Activities, duties and responsibilities may change at any time with or without notice.

Skills Training:

• Communication

• Management

• Critical thinking, problem solving

• Judgment and decision-making

• Time management

• Sales support, presentation skills

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.