Business Banking Senior Underwriter Portfolio Manager - Whole Sale

Citizens Bank
Massachusetts, United States, Rhode Island, Philadelphia, Pittsburgh
Workplace: OnsiteFull timeFunction: Capital Markets, Trading & QuantExperience: 7+ yearsEducation: bachelorsSkills: []

Underwrite and recommend Commercial Credit Policy loan approvals up to TCL $15MM, applying sound credit judgment, financial analysis/modeling, risk evaluation, and proper loan structuring. Separately manage portfolio credit administration by maintaining asset quality through annual reviews, covenant testing, and strategies to resolve risk. Partner independently with Senior Management, Sales, Credit Officers, and customers to address risk issues within SLAs and production expectations.

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Citizens Bank
Citizens Bank
3 days ago

Business Banking Senior Underwriter Portfolio Manager - Whole Sale

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Last checked: 2 hours agoStatus: Live

Job Summary

Underwrite and recommend Commercial Credit Policy loan approvals up to TCL $15MM, applying sound credit judgment, financial analysis/modeling, risk evaluation, and proper loan structuring. Separately manage portfolio credit administration by maintaining asset quality through annual reviews, covenant testing, and strategies to resolve risk. Partner independently with Senior Management, Sales, Credit Officers, and customers to address risk issues within SLAs and production expectations.
Location: Massachusetts, United States, Rhode Island, Philadelphia, Pittsburgh
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Review and underwrite commercial loan requests under Commercial Credit Policy up to TCL $15MM, making approval recommendations within SLAs.
  • •Assess and manage credit risk by evaluating financials, proposed loan structure, collateral, and due diligence for new money requests.
  • •Assure compliance with Commercial Credit Policy and Risk Acceptance Criteria, including adherence to documentation and service level agreements.
  • •Manage portfolio performance and asset quality through annual review recommendations and portfolio maintenance activities.
  • •Test covenants, identify events of default, and recommend strategy and action plans to resolve issues that could increase risk or create loss.

Key Requirements

  • •7+ years of experience in commercial lending and/or portfolio management with technical competency.
  • •Experience applying credit policy, and performing credit monitoring and risk administration.
  • •Financial analysis and credit structuring experience, including complex credits and structures (covenants/collateral).
  • •Strong written and verbal communication skills.
  • •Ability to propose, negotiate, and recommend credit and covenant structures for approval.
Experience:7+ yearsCommercial lendingPortfolio management
Education:Bachelor's

Company Brief

Citizens Bank
Regional bank offering retail and commercial banking, mortgage lending, wealth management, and payment services to individuals and businesses across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Providence, United States
Founded: 1828
Website