Relationship Credit Manager

Job Description:Relationship Credit Manager

In charge of underwriting the credit exposure for Wholesale Banking clients and handling a Middle Market or CML portfolio. This position requires regular interaction with clients, managing risks within the portfolio, and ensuring compliance with regulatory and compliance mandates. A critical aspect of the role is to quickly identify emerging credit problems and industry developments.

Benefits:

• Teammates who commit to working a minimum of 20 hours each week will gain access to specific privileges:
• Medical, dental, and vision coverage
• AD&D insurance provides coverage in the event of accidental death or severe injury resulting in dismemberment, offering additional financial security to policyholders
• Tax-preferred savings accounts
• 401(k) plan
• In the inaugural year, employees will have access to a prorated minimum of 10 vacation days
• When referring to ten sick days (prorated), it implies that the number of sick days available is modified based on the schedule or contract terms of the individual
• Paid holidays

Highlighted key tasks and duties that are crucial to the role:

• Supervise the entire process of commercial underwriting for potential prospects and clients, encompassing analysis, documentation, and collaboration with internal and external entities.
• Support and design the financial components of all customer and potential deals, ensuring the exactness of real estate value assessments, environmental surveys, and UCC examinations.
• Analyze financial statements, business strategies, and key uncertainties, proposing backed recommendations and financial support selections.
• Sustain a comprehensive understanding of client sectors and the bank's suite of credit and auxiliary products to propose appropriate loan arrangements.
• Verify that underwriting practices are in line with regulatory and compliance guidelines and the bank's risk framework.
• Monitor the assigned portfolio by assessing its performance, trends, and potential credit risks, and responding promptly to address any concerns.
• Preserve the accuracy of risk assessments, finalize annual reviews, distribute financial statements, and fulfill all obligatory compliance and regulatory evaluations.
• Ensure oversight of modifications and exceptions in the assigned portfolio by implementing a risk management approach that is forward-thinking, transparent, and proactive.
• Engage with internal product teams to design and present credit solutions that meet client needs and conform to the bank's pricing and risk acceptance standards.
• Present an original, current, and proactive evaluation of the risks linked to specified clients and potential customers, including drafting risk mitigation strategies.
• Supervise a challenging portfolio with significant credit exposure, demanding strong decision-making skills, analytical problem-solving capabilities, and the ability to make independent judgments.
• Formulate and articulate an independent stance to sway key credit determinations and assist in coaching newer team members.
• Participate in and lead tasks or programs that uphold the broader Portfolio Management platform in addition to everyday portfolio responsibilities.
• Maintain a commitment to delivering superior credit and underwriting analysis while upholding stringent operational and credit risk standards.

Qualifications:

Required:

• An undergraduate degree in finance or a related area is essential.
• A proven history of conducting commercial credit analysis for a period exceeding five years.
• Advanced skills in using MS Office applications.
• Competent in interpersonal interaction and both written and verbal communication.
• Exhibited reliable credit assessment and analytical capability.
• Extraordinary scrutiny of details.
• Proficiency in managing competing demands and multitasking in a rapid-paced setting.

Preferred:

• Previous history in a parallel position at a commercial financial organization.
• In-depth understanding of a particular industry or sector.
• Ability to effectively navigate Truist's operational tools which consist of COMPASS, MRA, Salesforce, and nCino.

Equal Opportunity Statement:

Truist is an Equal Opportunity Employer and does not discriminate based on race, color, gender, religion, national origin, citizenship, age, sexual orientation, gender identity, disability, veteran status, or any legally protected classification. Truist is a Drug-Free Workplace.

Apply Now