Our client, a growing commercial banking institution, is seeking an Assistant Vice President Underwriter & Portfolio Manager to join its Credit Risk team in New York. This role is responsible for underwriting new commercial lending transactions and managing an existing portfolio of primarily asset-based and cash flow lending relationships.
Working closely with Relationship Managers and senior credit leadership, this individual will perform comprehensive credit analysis, present transactions for approval, and provide ongoing portfolio oversight throughout the life of each credit.
RESPONSIBILITIES
Underwrite new commercial lending transactions, with a primary focus on asset-based and cash flow lending.
Perform detailed due diligence on borrowers, sponsors, guarantors, collateral, industries, and market conditions.
Prepare comprehensive credit memoranda and present credit recommendations to internal credit committees.
Review loan documentation to ensure consistency with approved credit terms and conditions, including amendments, waivers, and restructurings.
Monitor borrower financial performance, covenant compliance, and reporting requirements.
Conduct ongoing portfolio management, including quarterly, semi-annual, and annual credit reviews.