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Commercial Portfolio Manager - Corporate Mortgage Finance

Huntington National BankChicago, IL, USAOn-site8 hours ago

  • Internship

  • $102k - $208k/yr (Verified by employer)

  • May sponsor international talent

About the job

Description Summary: As a Commercial Portfolio Manager– CSG Corporate Mortgage Finance, you will be responsible for underwriting CMF Lending facilities, assisting with legal documentation reviews as well as monitoring client performance to ensure compliance with the Policies and Procedures of Huntington’s Corporate Mortgage Finance Group (CMFG).

This position reports to the Portfolio Management Team Leader.
In this role, as a Portfolio Manager, you will be performing the following responsibilities:

  • Portfolio Management:

  • Structure, underwrite, and close complex direct lend bilateral and/or syndicated asset- backed credit facilities to include mortgage warehouse lines, mortgage servicing assets and other mortgage related asset-backed and SPE collateralized credit facilities

  • Ensure all relationships and transactions in your assigned portfolio are in strategic alignment with the risk profile and credit policies of the Bank

  • Spread financials, prepare accurate and timely risk ratings, credit request memorandums and recommendations in compliance with CMFG and bank requirements acceptable to CMFG leadership and credit administration, including new credit requests, modification requests, annual reviews, renewals, portfolio reviews and criticized asset reviews

  • Monitor the performance of assigned CMF Facilities to assess ongoing creditworthiness and anticipate opportunities as well as challenges

  • Monitoring and analysis to include, but not limited to, stress testing, forecasting, concentration analysis and macroeconomic evaluations.

  • Present at portfolio reviews and as needed to senior management and field questions on an as needed basis from senior management

  • Provide immediate communication of suspected credit problems or credit deterioration within assigned portfolio

  • Credit Quality: Responsible for maintaining acceptable levels of credit quality for assigned portfolio consistent with the Bank and CMFG credit policies, procedures, and guidelines as evidenced by satisfactory loan reviews and audits of assigned portfolio.

  • Relationship Management: Build and maintain strong relationships with clients, senior management, internal and external stakeholders to ensure effective communication, collaboration and problem solving.

  • Reporting and Compliance: Prepare and present portfolio reports highlighting performance, financial metrics, and compliance with internal policies. Additionally, prepare ad hoc portfolio reporting as needed

  • Develop a deep understanding of industry markets and trends and share that knowledge with the team to support and improve risk management efforts

  • Manage special projects as assigned to include but not limited to drafting procedures and policies.

  • Effectively utilize Bank reporting, record keeping and underwriting systems/tools to maintain accurate and timely portfolio level detail

  • Effectively manage multiple priorities

Basic Qualifications

  • Bachelor's Degree

  • 2 or more years of relevant commercial credit experience in mortgage finance industry

Preferred Experience

  • Portfolio Management experience ideally within the mortgage finance industry or other specialty finance areas with commitment sizes > $100MM

  • Experience with the legal structures, relevant credit analysis and cash flow assessments, documentation and surveillance standards for each the respective facility types offered by the group.

  • Formal credit training and/or experience

  • Master’s degree in a related field is preferred.

Other Traits And Characteristics

  • Excellent organizational skills

  • Strong knowledge of the GAAP principles applied to mortgage banking entities

  • Experience preparing cash flow analysis and stress testing based on varied scenarios

  • Excellent written and verbal communication skills

  • Demonstrated success underwriting increasingly complex credits

Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)
Yes
Workplace Type Office
Our Approach toOffice Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range $102,000.00 -$208,000.00 Annual Salary
The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

About the company

Huntington National Bank
Welcome to Huntington. Huntington Bancshares Incorporated is a $187 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. We are committed to doing the right thing for our customers, colleagues, and communities. Our “Welcome” philosophy means they are at the center of everything we do. Here’s how we look out for people: • We aim to make banking easier for our customers. Our comprehensive suite of innovative banking tools and products is specifically designed to strengthen the financial health of those we serve. • Our internal culture is built around making things great—rather than just good enough—and to be the best place our colleagues will ever work. We offer a flexible work environment with opportunities for growth, and we’ll provide all the resources needed to create a lasting and rewarding career path. • Our $40 billion Community Plan, environmental sustainability strategy, and robust small-business lending program are just a few of the ways we are helping to improve the economic vitality of the areas where we live and work. Explore Huntington Career opportunities at https://huntington-careers.com. Huntington Bank is an Equal Opportunity and Affirmative Action Employer Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity