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Asset Management Jobs in Charlotte, NC

Portfolio Manager III - Middle Market, Leveraged Lending

City National Bank

Charlotte, North Carolina(remote)

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JOB DETAILS
SALARY
$122,535–$208,715 Per Year
JOB TYPE
Full-time
SKILLS
Analysis Skills, Cash Flow, Coaching, Communication Skills, Community Support, Continuous Improvement, Credit Analysis, Credit Processing, Credit Risk, Cross-Functional, Customer Relations, Customer Support/Service, Data Analysis, Dental Insurance, Entrepreneurship, Finance, Financial Services, Foreign Exchange (FX) Trading, Health Plan, Investment Management, Leadership, Loan Operations, Loans, Needs Assessment, Network Support, Operations Management, Performance Analysis, Portfolio Analysis, Regulatory Compliance, Regulatory Requirements, Relationship Management, Risk, Risk Analysis, Risk Management, Sales, Sales Prospecting, Strategic Planning, Team Player, Time Management, Training/Teaching, Underwriting, Value Analysis, Vision Plan
LOCATION
Charlotte, North Carolina
POSTED
12 days ago
Overview:
PORTFOLIO MANAGER III - Middle Market, Leveraged Lending

 

WHAT IS THE OPPORTUNITY?
The Portfolio Manager is part of the Middle Market Credit Management Team focused on the long-term risk-adjusted returns for the bank within the assigned business segment and/or geographic area(s). This individual manages a sub-set of existing credits and is a key partner in the origination of new credits.
 
Primary responsibilities, skills, and experience:
  • Provide credit underwriting and/or portfolio management experience for public and private middle market companies across a variety of industries.
  • Transaction types include syndicated loans and line of credit, trade finance, foreign exchange, acquisitions, recapitalizations, growth capital, etc..
  • Advanced understanding of leveraged lending profiles and cash flow structures including a deep understanding of projection modeling and enterprise value analysis.
  • Advanced experience in credit management and lending operations, with a strong understanding of risk management principles and leveraged lending guidelines.
  • Work independently with limited supervision throughout the underwriting process, present credit recommendations within the bank's risk appetite and framework and follow the bank's policies, processes and procedures (including moderate to complex credit structures, modifications, and extensions).
  • Respond appropriately and timely to clients' credit needs with an elevated level of client service and credit acumen.
  • Provide ongoing oversight and management of the portfolio (including timely risk rating assessments, reporting covenants, covenant compliance, and the preparation of quarterly and annual reports).

 

WHAT WILL YOU DO?
  • Teamwork: Desire to build leadership and coaching skills, with the ability to train and develop junior colleagues and foster a culture of continuous improvement and professional growth.
  • Portfolio Management: Owns and manages an assigned credit portfolio, ensuring alignment with organizational goals and risk management practices, including underwriting all types of credit exposures, managing credit risk, and responding to prospective client inquiries.
  • Analytical Skills: Demonstrate advanced analytical skills, with the ability to interpret complex data and make informed recommendations to senior leadership in a timely manner.
  • Credit Analysis: Analyzes credit data and perform underwriting to assess creditworthiness and recommend appropriate structures to the Sales team and client. Prepare underwriting memorandums and approval documents for presentation to Credit Risk.
  • Performance Monitoring: Performs portfolio management activities to monitor and analyze portfolio performance, including periodic reviews and covenant tracking.
  • Data Analysis: Analyzes credit data to support underwriting and creditworthiness assessments including developing and presenting individual credit recommendations.
  • Risk Management: Practices effective risk management, maintaining high standards of credit quality and origination in alignment with Bank’s credit risk appetite, and compliance with institutional and regulatory requirements.
  • Collaboration: Strong communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams to ensure cohesive and effective credit operations to achieve the Bank’s strategic initiatives. 
  • Client Service: Provides exceptional client service by maintaining professionalism and effectively interacting with clients to understand their needs and provide tailored credit solutions. Participate in joint sales pitches with Relationship Manager(s).

 

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
  • Bachelor's Degree or equivalent in Finance, Business, or related field
  • Minimum 6 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries *Middle Market

WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $122,535 - $208,715 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
 
Get a more detailed look at our Benefits and Perks.

ABOUT US
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

About the Company

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City National Bank

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