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Full-time
bachelor degree
Posted 34d ago
~40 hrs/week
Responsibilities
Support the Portfolio Management team by monitoring corporate banking clients and ensuring compliance with credit quality standards. Manage assigned portfolios, perform financial analysis, and coordinate with relationship managers and credit departments regarding performance metrics.
Requirements
Requires a bachelor's degree in business, accounting, finance, or economics with one to three years of credit analysis experience. Must possess strong analytical skills, proficiency in Excel, and a valid driver's license for travel.
Full job description
Helps to support the Portfolio Management team by performing portfolio monitoring tasks and reporting to ensure the portfolio is well-managed and compliant. Manages an assigned portfolio of Corporate Banking clients as determined by Portfolio Manager Team Lead. Communicates with relationship team and credit department regarding details of portfolio performance and credit metrics. Ensures credit quality standards are executed and maintained within assigned portfolio.
Essential Job Responsibilities____
1. Tracks ongoing performance of loan portfolio clients.
2. Assists with financial statement, covenant and collateral analysis for Corporate Banking clients. Assess liquidity, leverage and debt service capacity.
3. In collaboration with Relationship Manager(s), manages an assigned portfolio of relationships. Portfolio size and complexity may vary based on length of service and management decisions.
4. Assists with the preparation of Annual reviews, Interim reviews, Covenant testing, Renewals and Modifications.
5. Monitors client financial performance versus plan objectives and financial covenant compliance on a regular basis; discusses the performance with Portfolio Manager Team Lead and relationship team.
6. Actively manages renewals and extensions of maturing notes and expiring commitments.
7. Monitors delinquencies within assigned portfolio. Identifies and escalates early warning signals of credit deterioration.
8. Reviews trend reports generated based on assigned portfolio with ability to address and communicate on both positive and negative trends.
9. Maintains awareness and advises the Relationship Manager and/or Credit Team in regards to alerts on critical items and awareness of key issues.
10. Assists with the preparation of loan modification requests, Criticized Asset Committee reports, Watch Review reports, Semi-Annual Line Sheets and any other required reports, on an as–needed basis.
11. Ensures portfolio meets internal policy and regulatory expectations.
12. Ability to assess and discuss risk ratings with the Credit Department.
13. Works with Portfolio Managers and Relationship Managers to gather borrower information on a timely basis including financial statements to assess borrower risk.
14. Ensures a seamless process for portfolio management by fostering strong communication by team members, including Credit, Credit Review and Loan Documentation departments.
15. Provides portfolio information on a timely basis to be included as part of credit analysis and/or performance reports. Develop a continuous improvement mindset with respect to credit performance reports, cross sell effectiveness, and opportunities to improve processes.
16. Develops knowledge of the procedures for compliance including a broad understanding of regulations.
17. Maintains a working knowledge of bank operating policies and procedures.
Bona Fide Occupational Qualifications___
1. A bachelor’s degree in business, Accounting, Finance, Economics or related field.
2. One (1) to three (3) years of credit analysis experience. Understanding of financial statement analysis. Ability to spread financials and prepare cash flows and credit memos. Strong Excel and analytical skills.
3. Exceptional communication skills with ability to influence others, as well as strong computer and analytical skills are necessary.
4. A valid driver’s license and travel, including some overnight stays, are required.
We passionately work toward our mission to improve the financial lives of our neighbors and their
businesses.
Industry
Banking
Company size
1,001-5,000 employees
Founded
1982
Headquarters
Indiana, PA
LinkedIn followers
10,612
We know why we’re here: to put you first. We do it by building long-term relationships with our customers and our employees. By reaching out to the communities we live and work in. By listening and helping to find the best solutions to get you to your financial goals.
Our success is built on creating an authentic community banking experience, delivered by caring and talented employees. Each team member is valued for the ideas they bring to the table, knowing we make stronger business decisions through the diversity of our workforce. We are committed to developing thoughtful leaders who want to make a difference in the places we live and work through careers in banking.
Member FDIC
FCB NMLS # 479240
Offices: 601 Philadelphia Street, Indiana, PA 15701, US
Personal BankingMortgageBusiness BankingInsuranceand Wealth AdvisingBanking
How much do Finance & Accounting jobs in Pennsylvania pay?
Based on 1549 listings with disclosed salaries, most finance & accounting jobs in Pennsylvania pay between $60k–$170k per year. Individual offers vary with seniority, company size, and specialization.
How many Finance & Accounting jobs are open in Pennsylvania right now?
There are currently 5,738 open finance & accounting positions in Pennsylvania listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Pennsylvania?
Companies currently hiring include PNC, Vanguard, BNY, First National Bank of Pennsylvania, Truist, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Finance & Accounting jobs in Pennsylvania?
Yes — 2092 of the 5738 open finance & accounting positions offer remote or hybrid work (636 remote, 1456 hybrid).
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