Portfolio Manager II - CDF

The Portfolio Manager II - CDF manages a Community Development Finance (CDF) CDFI investment and FHLB Affordable Housing Program (AHP) portfolio for all post-closing action items, including disbursements, modifications, conversions, performance monitoring, and reporting, as assigned. In partnership with CDF Loan Portfolio Management team, CDF Relationship Managers (Originations) and CDF Loan Operations (Closers and Servicers), this role serves as the primary FCB post-closing business contact. With guidance from Director, this role serves as primary post-closing business contact with internal and external parties including borrowers, equity partners, public entities, credit examiners and/or auditors, representing FCB for all required action items to maintain a high-quality portfolio in compliance with all applicable regulations.

• Loan Portfolio Management - Serve as primary point of contact for a portfolio of CDFI and AHP loans, including knowledge of loan documents, transactions and underwriting. With support, conduct loan modifications as needed, including underwriting, credit analysis and legal document modification. Serve as primary contact for the post-closing relationship with the Borrower to maintain a high degree of professionalism to encourage repeat business with the Bank. Implement loan monitoring policies and procedures to ensure consistent management of the loan portfolio. Ensure all file systems are updated and accurate for audit purposes.
• Financial Reporting and Covenant Compliance - Maintain accurate loan risk ratings by analyzing loan performance, preparing annual reviews and reviewing/affirming risk ratings as needed. Contribute accurate loan-level information for portfolio-wide reporting. Complete all required site visits, covenants, and annual reviews in a timely manner. Maintain reporting information on relevant tracking systems for accurate reporting.
• Participates in meetings, trainings (inclusive of Bank required compliance courses) and other duties or special projects as assigned by management.

Bachelor's Degree and 3 years of experience in Credit Analysis, Credit Underwriting, Portfolio Management OR High School Diploma or GED and 7 years of experience in Credit Analysis, Credit Underwriting, Portfolio Management

Preferred Area of Study: Business, Finance, Economics, Real Estate, Public Policy/Planning

Preferred Area of Experience: Finance, Banking, Real Estate, Public Policy/Planning

Knowledge of the affordable housing industry, Knowledge of loan portfolio management policies, processes and procedures

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

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