Credit Portfolio Manager II, Middle Market – Restaurant & Franchise Finance

This is a fully remote position, open to applicants in New Jersey, +3 more states.

📋 Description

• Conduct financial analyses necessary for making informed credit decisions regarding both new and existing businesses.

• Assist the commercial banking team by recommending credit solutions that enhance customer value.

• Oversee a specific portfolio of Middle Market commercial loans.

• Ensure adherence to loan agreements, regulatory standards, underwriting protocols, and risk-rating policies.

• Monitor the overall risk profile of a Middle Market portfolio, promptly identifying macro and micro risk factors.

• Recruit talent, establish goals, develop team members, manage employee performance and compensation, encourage collaboration, and address disciplinary matters.

• Handle complex credit operations, ensure underwriting quality, and manage analytical support and workflow production.

• Engage in larger, intricate Middle Market and specialized lending transactions.

• Lead or manage initiatives related to commercial and credit matters.

• Provide guidance to business lines on credit-related issues, processes, and protocols.

• Act as a resource for business lines while collaborating with senior management on various issues, expectations, and timelines.

• Work with Lending/Credit Officers to resolve internal and external audit or examiner findings.

• Collaborate with Relationship Managers on routine financial analyses and credit assessments.

• Relay credit decisions to Relationship Managers.

• Oversee departmental workflow and ensure policy compliance.

• Participate in organizational cost-benefit analyses and their implementation.

• Establish and maintain measurable service-level standards.

• Guarantee timely information flow and efficient processes and workflows.

• Uphold the confidentiality of credit and customer information.

⛳️ Requirements

• A Bachelor's degree or equivalent work experience is required.

• At least 10 years of relevant experience is necessary.

• A robust understanding of commercial business development strategies and credit decision-making is essential.

• Proven skills in credit and financial analysis are required.

• Familiarity with capital markets is advantageous.

• Excellent negotiation skills are a must.

• Strong verbal and written communication abilities are necessary.

• Proficient PC skills are required.

• Capability to perform continuous sedentary work, multitask, operate office equipment, concentrate, read, write, comprehend, and execute basic arithmetic is essential.

• Occasional domestic travel may be required.

• Confidentiality of credit and customer information must be maintained.

🏝️ Benefits

• Competitive base salary ranging from $120,000 to $198,000 USD.

• Variable compensation and incentive awards, including eligibility for cash and/or equity incentives.

• Comprehensive health and wellness benefits.

• Savings and retirement programs available.

• Paid time off that includes Vacation PTO, Flex PTO, and Holiday PTO.

• Banking benefits and discounts provided.

• Opportunities for career development.

• Recognition and reward programs available.

• Regular conversations regarding career development and performance with a manager.

• Access to an online learning platform.

• Mentoring programs offered.

• Training and onboarding sessions provided.

• Accommodation support available during the application process.