Credit Portfolio Manager IV--Equipment Finance (REMOTE)

About the position Atlantic Union Equipment Finance (“AUEF”), a subsidiary of Atlantic Union Bank (“AUB”), continues to grow and enhance its underwriting and portfolio management team to house and consistently manage credit risk activities of its equipment finance clients. AUEF’s objective is to provide integrated end-to-end credit underwriting, identification, measurement, management, and monitoring of AUB’s equipment finance clients. The position is responsible for providing an independent perspective in underwriting and managing complex equipment finance loans/leases and relationships up to the AUB’s legal lending limit. The position partners with Relationship Managers, Credit Officers, and the Equipment Finance Underwriting Manager in delivering credit solutions through underwriting, portfolio management, deal team management, and extensive internal and external client interaction. A Credit Portfolio Manager IV is expected to be a subject matter expert (SME) in equipment finance, their respective portfolio, and adheres to all regulatory and compliance guidelines.

Responsibilities

• Lead the independent underwriting process for new and renewal opportunities for clients and prospects within an assigned portfolio. The position will be assigned the more complex credits and larger portfolios within Equipment Finance.
• Provide in-depth, independent analysis of financial statements, management competencies, industry impact, competitive dynamics, collateral, and guarantor support for new/renewal opportunities and other credit risk management deliverables.
• Prepare detailed short or long-term financial projections within a vendor provided solution such as nCino, Moody’s Risk Analyst, or within an Excel spreadsheet.
• Make recommendations to Relationship Managers and Credit Officer regarding credit amount, structure, and policy compliance.
• Manage assigned portfolio by proactively monitoring performance and trends, ensuring risk rating integrity, ensuring timely compliance with all covenants, identifying issues and following through for remediation, and assisting with compliance and regulatory reviews.
• Participate or lead client calls with the borrower’s CFO (or similar position) and Relationship Managers to address in-depth financial questions, deal information, collection of financial statements, and other portfolio management requirements.
• Participate in special projects to aid with the continuous improvement in underwriting and portfolio management.
• Adhere to all applicable laws and regulations governing bank operations, including compliance with Atlantic Union Bankshares’ BSA/AML Policy and Procedures.
• Prioritize new deal, renewal, and portfolio management requirements and coordinate as appropriate with clients. and prospects, Relationship Managers, Credit Risk, Treasury Management, and other internal and external stakeholders.
• This senior position may mentor CPMs I, II, and III, as appropriate.
• Generate new ideas and recommendations for continuous process improvement.
• Participate in special projects on an as-needed basis

Requirements

• Bachelor's degree in Accounting or Finance and seven or more years of experience in a commercial lending environment
• Experience underwriting across multiple industries and asset types.
• Considered a SME for aligned industry, commercial credit and lending concepts, practices and regulations.
• Advanced written and analytical skills to encompass an ability to analyze balance sheet structure, and income and cash flow trends.
• Consistently demonstrates ability to make complex decisions and sound business judgments regarding business and lending activities.
• Skilled in the analysis of financial statements, tax returns and cash flows of commercial & industrial companies.
• Knowledge of financial statement spreading, including proficiency in preparing pro-forma statements within nCino, Moody's or other software packages.
• Excellent written, oral and interpersonal skills, to include structuring, negotiating, closing, maintenance, modifications and problem resolution
• PC proficiency with Word and Excel, including the use of system and user generated formulas, macros, charts, and tables.
• Ability to research industry sources and equipment types needed for credit evaluations.
• Strong organization skills with the ability to self-manage time and work flow to meet deadlines.
• Ability to manage multiple projects at one time.
• Ability to work independently as well as within a team environment

Nice-to-haves

• Knowledge of Equipment Leasing concepts is a plus.

Benefits

• This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program.
• General information on our comprehensive benefits package can be found by visiting https://www.atlanticunionbank.com/about/careers/benefits