Associate Portfolio Manager

Primary Purpose:

Serving as a next step for graduates of BXS’ Management Trainee and Credit Training program (or an external candidate with like experience), the Portfolio Associate has a primary responsibility to oversee and assist in underwriting, structuring, documenting and monitoring an assigned portfolio, under the supervision of the Regional, Divisional, Market Leadership, or a Senior Portfolio Manager and in partnership with Loan Administration, Appraisal and Credit departments.

Principal Duties and Responsibilities:

• Works with the Relationship Managers on loan origination and renewal functions which includes gathering financial information and working with the Credit Department and Analyst to prepare financial analysis. The Portfolio Associate is also directly charged with overseeing in-house underwriting, to include assisting in the preparation of the Loan Application necessary loan. The Portfolio Associate will also work with the relationship team on overseeing and assisting with Portfolio company annual relationship reviews and financial analysis.
• Provides support to the Relationship Manager on loan structure, loan covenants and loan pricing, while maintaining compliance with the commercial loan policy and regulatory requirements.
• Participates in loan presentations for approval.
• Assists with drafting client presentations, proposals, term sheets and commitment letters.
• Ensures loan documentation is complete and accurate, that it complies with bank policy and regulations and that it complies with the loan approval document.
• Working with the relationship team and as appropriate, assists in coordinating closings with outside legal counsel, title company and other vendors.
• Assists in the onboarding and maintenance of loan information on the Loan Origination System via working with the respective Lending Administrative Assistant.
• Assists in monitoring loan status (future maturities, past dues, exceptions and ticklers), borrowing base compliance and loan agreement compliance in-tandem with the respective Lending Administrative Assistant. As appropriate, may handle troubled loans or refer to special assets departments.
• Evaluates exceptions and documentation required to clear; collaborates with Relationship Manager(s) and loan operations to satisfy and remove.
• Identifies opportunities for other credit, deposit and non-credit solutions.
• Continues to shadow Division/Market Leadership, Relationship Managers, and Senior Portfolio Managers in an effort to continue to deepen Banking knowledge and skills.

Job Specifications: (Knowledge, skills, and abilities normally required for competent performance in the job)

• Bachelor’s degree in Business, Finance, Accounting or acceptable field required.

Primary Purpose:

Serving as a next step for graduates of BXS’ Management Trainee and Credit Training program (or an external candidate with like experience), the Portfolio Associate has a primary responsibility to oversee and assist in underwriting, structuring, documenting and monitoring an assigned portfolio, under the supervision of the Regional, Divisional, Market Leadership, or a Senior Portfolio Manager and in partnership with Loan Administration, Appraisal and Credit departments.

Principal Duties and Responsibilities:

• Works with the Relationship Managers on loan origination and renewal functions which includes gathering financial information and working with the Credit Department and Analyst to prepare financial analysis. The Portfolio Associate is also directly charged with overseeing in-house underwriting, to include assisting in the preparation of the Loan Application necessary loan. The Portfolio Associate will also work with the relationship team on overseeing and assisting with Portfolio company annual relationship reviews and financial analysis.
• Provides support to the Relationship Manager on loan structure, loan covenants and loan pricing, while maintaining compliance with the commercial loan policy and regulatory requirements.
• Participates in loan presentations for approval.
• Assists with drafting client presentations, proposals, term sheets and commitment letters.
• Ensures loan documentation is complete and accurate, that it complies with bank policy and regulations and that it complies with the loan approval document.
• Working with the relationship team and as appropriate, assists in coordinating closings with outside legal counsel, title company and other vendors.
• Assists in the onboarding and maintenance of loan information on the Loan Origination System via working with the respective Lending Administrative Assistant.
• Assists in monitoring loan status (future maturities, past dues, exceptions and ticklers), borrowing base compliance and loan agreement compliance in-tandem with the respective Lending Administrative Assistant. As appropriate, may handle troubled loans or refer to special assets departments.
• Evaluates exceptions and documentation required to clear; collaborates with Relationship Manager(s) and loan operations to satisfy and remove.
• Identifies opportunities for other credit, deposit and non-credit solutions.
• Continues to shadow Division/Market Leadership, Relationship Managers, and Senior Portfolio Managers in an effort to continue to deepen Banking knowledge and skills.

Job Specifications: (Knowledge, skills, and abilities normally required for competent performance in the job)

• Bachelor’s degree in Business, Finance, Accounting or acceptable field required.
• Credit analysis and completion of a formal Credit Training Program is required. Education experience, through in-house training sessions, formal school or financial industry related curriculum, preferred.
• Possesses knowledge of commercial loan processing and documentation and have a basic knowledge of banking regulations and policies.
• Has advanced knowledge of computer operations, mainframe systems and Google and Microsoft Office software.
• Has the ability to read, analyze and interpret tax returns, financial statements, general business periodicals, professional journals and technical procedures.
• Ability to handle complex issues and problems under minimal supervision, and refers only the most complex issues to higher-level staff. Must possess analytical thinking skills and be detailed oriented.
• Must be a self-starter, have the ability to meet deadlines and to multi-task under pressure.
• Excellent communication and customer relationship skills, both written and orally.
• Must have a desire to thrive in a fast-paced and team-focused environment.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

BancorpSouth is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.

• Possesses knowledge of commercial loan processing and documentation and have a basic knowledge of banking regulations and policies.
• Has advanced knowledge of computer operations, mainframe systems and Google and Microsoft Office software.
• Has the ability to read, analyze and interpret tax returns, financial statements, general business periodicals, professional journals and technical procedures.
• Ability to handle complex issues and problems under minimal supervision, and refers only the most complex issues to higher-level staff. Must possess analytical thinking skills and be detailed oriented.
• Must be a self-starter, have the ability to meet deadlines and to multi-task under pressure.
• Excellent communication and customer relationship skills, both written and orally.
• Must have a desire to thrive in a fast-paced and team-focused environment.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

BancorpSouth is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.

Experience

Preferred

• Education experience, through in-house training sessions, formal school or financial industry related curriculum, preferred.
• Credit analysis and completion of a formal Credit Training Program is required.

Behaviors

Preferred

• Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
• Team Player: Works well as a member of a group

Motivations

Preferred

• Self-Starter: Inspired to perform without outside help
• Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)