Commercial Portfolio Manager I

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Position Summary

The Portfolio Manager I provides analytical support and portfolio management for commercial and business banking, including spreading and preliminary analysis of existing customers and prospects. The role partners with commercial bankers to perform independent analysis of creditworthiness, prepare credit write-ups, monitor assigned portfolios, and support clients through the lending process.

Essential Duties and Responsibilities

• Provides support of loan officers and managers through financial statement spreading and analysis of new loan requests and existing credit relationships.
• Prepares cash flow models for the basis of credit decisions.
• Provides additional loan agreement / covenant monitoring support to commercial lending and underwriting groups.
• Provides on-going portfolio management through spreading of on-going required financial statements as they are received from the Bank’s customers.
• Develops a base understanding of various types of lending facilities as well as a variety of companies and industries.

Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

• Performs other duties and responsibilities as assigned.

Prepare basic credit analyses on commercial loans that facilitate the credit approval process for use by loan officers or committees on new, renewal, and extension loans. Make appropriate recommendations for monitored accounts; report deteriorating credit situations to officer. Perform duties with supervision of leadership or assigned senior-level colleague, providing opportunity to develop a thorough understanding of various lending facilities and a variety of companies and industries. Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to read, analyze, and interpret financial reports and/or legal documents. Ability to write routine reports, business correspondence, and procedures manuals. Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community. Ability to effectively present information in one-on-one and small-group situations, to customers, clients, and other employees. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Education and/or Experience

BS/BA Degree in Business, Accounting, Finance, or a related field required. 1–2 years prior work experience preferred.

Computer Skills

MS Office programs, with intermediate to advanced proficiency in Microsoft Excel. Financial spreading software. Familiarity with bank operating systems (e.g., Loan Vantage, Synapsis, Synergy) or equivalent.

Certificates, Licenses, Registrations

None.

Other Qualifications (including physical requirements)

Self-starter; ability to work independently with appropriate supervision. Ability to manage multiple projects and prioritize effectively. Strong analytical and organizational skills. Excellent written and verbal communication skills. Ability to sit or stand for extended periods of time. Ability to concentrate for extended periods of time. Ability to operate a computer.

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training: Communication Critical thinking, problem solving Judgment and decision-making Time management Sales support, presentation skills

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

Since 1903, we’ve been putting people first by making a commitment to you. Simmons Bank is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Arkansas. Founded as a community bank, Simmons Bank has grown steadily to its current size of $28 billion in assets, with more than 3,000 associates located in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Our growth has led to some amazing career opportunities, while our dynamic culture has been recognized by publications across our footprint. Parallel to our growth, Simmons Bank’s community roots run deep – these are felt in the ways we seek to go the extra mile for our customers and communities through exceptional service and volunteerism, and in the strong career growth opportunities and wellness programs we offer associates. Our team is characterized by collaboration, integrity and passion for all we do, high performance, and a commitment to personal and professional growth. If these cornerstones of company culture appeal to you, let’s talk! There’s never been a better time to join our team.