Associate Portfolio Manager

Description

At Citizens, we're more than a bank. Here, you'll experience new things, create new opportunities, think beyond your role and make an impact. Within this role, you will be responsible for effective credit and risk administration. Additionally, you are responsible for adherence to credit policy and requirements. Furthermore, you should be equipped to oversee financial analysis and modeling, risk evaluation, and ongoing portfolio maintenance activities. Lastly, you will provide client support for assigned portfolios of Business Banking clients.

Primary responsibilities include

Ensure that all necessary credit files are present and up to date.

Prepare and submit internal reporting / compliance documents and reporting for assigned portfolio.

Complete written summaries of industry issues and information.

Assist with processing loan modifications, tracks and collects financial reporting, covenant compliance, collateral requirements.

Confirm the accuracy of risk ratings and changes as warranted.

Develop solutions and alternative to modifications, including financial covenant structuring.

Engage with existing customers on a specific financial analysis or account management issue.

Responsible for responding to questions from Credit independently.

Identify opportunities to cross sell bank products and services to existing customers.

Work diligently in managing assigned credits to present information in an organize manner.

Responsible for managing the existing portfolio of straight forward credits / customers through verification and analysis of financial and collateral information.

Use independent judgment and discretion to complete the CPS, terms and conditions and appendices, cash flow coverage, collateral coverage worksheets, spreads, risk rating and profitability models for assigned credits for straightforward loans (generally a type of credit which does not issue public financials, is not highly levered, does not include an asset securitization, nor rely on Enterprise Value).

Prepare relationship data on commercial customers / prospects and accurately identifies total bank exposure.

Work with an assigned group of PMs in support of the activities noted above for moderately complex credits.

Interpret financial statements and make recommendations based on the analysis completed and will advise findings to PM or RM.

Answer financial analysis or modeling questions for other credit analysts.

Work Independently to complete a whole AR or UW.

Handle multiple accounts on your own, engages in 1 : 1 client contact, actively participates in risk discussions.

Qualifications, Education, Certifications and / or Other Professional Credentials

Credit & Risk Expertise : Proven ability to administer credit and risk processes effectively, ensuring strict adherence to internal credit policies and regulatory requirements.

Financial Analysis & Modeling : Strong skills in interpreting financial statements, conducting cash flow and collateral coverage analysis, and applying independent judgment to assess creditworthiness and risk ratings.

Portfolio Management : Experience managing business banking portfolios, including tracking financial reporting, covenant compliance, and collateral requirements.

Client Engagement : Ability to engage directly with clients to resolve financial analysis or account management issues, and identify opportunities to cross-sell bank products and services.

Reporting & Documentation : Skilled in preparing internal compliance reports, credit summaries, and industry analyses with attention to detail and organizational clarity.

Decision-Making & Independence : Capable of completing full underwriting or annual reviews independently, handling multiple accounts, and participating actively in risk discussions.

Collaboration & Communication : Comfortable working with Portfolio Managers and Relationship Managers to support moderately complex credits, and responding to credit-related inquiries with professionalism and accuracy.

Technical Proficiency : Familiarity with CPS, terms and conditions appendices, profitability models, and financial covenant structuring for straightforward loans.

Hours & Work Schedule

Hours per Week : 40

Work Schedule : M-F

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status / parenthood, medical condition, military or veteran status, national origin, pregnancy / childbirth / lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and / or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.