The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.
We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!
SUMMARY/OBJECTIVES
The Commercial Portfolio Manager Team Lead position manages a team of Commercial Portfolio Managers. In addition to leadership and management of a Commercial Portfolio Management team, this position has the primary responsibility of supporting Commercial loan portfolios of one or more Relationship Managers. Analyzes financial information to evaluate the credit worthiness of Commercial loan requests. Compiles Commercial loan packages ensuring completeness and accuracy of information provided. Assures that all Commercial loans are in compliance with State and Federal regulations and Bank policies and procedures. Monitors and Services the Commercial loan portfolios of the supported Relationship Managers. Other responsibilities include the supervision and delegation of work related to covenant testing and tracking, the loan annual review process and various projects.
ESSENTIAL FUNCTIONS
The primary functions of the Portfolio Manager Team Lead include:
- Manages and leads team of Portfolio Managers. These responsibilities include training, coaching and developing teammates.
- Reviews and decisions Annual Servicing Reviews and other requests within designated loan authority.
- Analyzes financial information to evaluate the credit worthiness of new loan requests, renewal loan requests and on-going Portfolio Management activities through thorough and accurate analyses within the parameters of the Bank’s policies and procedures
- Completes industry research, as needed, supporting existing and new Customers to the Bank
- Compiles commercial loan packages (non BL and BLE) ensuring completeness and accuracy of information provided. The commercial loan package includes, but is not limited to, a written credit memo with sufficient background information on the Customer, financial analysis of the Borrower, Guarantors and the proposed transaction, critical analysis of the potential risk to the Bank, proper risk grading and discussion and a thoughtful recommendation.
- Completes, when needed, additional credit analysis through more in-depth tools outside of the traditional spreads and global cash flow (example CRE analysis tool)
- Guides the loan request through the Credit Approval Process and insures that structure meets the needs of the client and the operating objectives of the Bank
- Assures that large commercial loan relationships are in compliance with State and Federal regulations and Bank policies and procedures
- Monitors and services the large commercial loan portfolios of the supported Relationship Managers through quality portfolio management work related to centralized covenant testing and tracking, the annual servicing review process and exception clearing
- Properly grades risk of each loan in the assigned portfolio, per policy. Recommends adjustments to risk grades as circumstances change or new information becomes available.
- Assists Relationship Manager in credit presentation to Credit Administration or other leaders and Committees at the Bank
- Ensures that all required documentation is in file for all loans and treasury management approvals. Works with the Relationship Manager and the LOA to help clear documentation or compliance deficiencies noted by Loan Operations or other review
- Periodically accompanies Relationship Manager on calls with existing and/or prospective Customers as requested
- Builds and maintains a positive working relationships with internal business partners (Loan Operations, Credit Administrators, Loan Operations Area, Credit Leadership, Local Line Leadership and Branch Personnel etc.)
- Undertakes special projects related to job function as determined by Credit Administration Leadership
- Continuously updates skills by participating in professional training and seeks opportunities to improve skills through cross-training offered by the Bank
- Works with Relationship Manager, Credit Administrators and Loan Assistant to minimize past due loans.
- As a teammate to the Relationship Manager and Credit Administration, serves as a trusted advisor to clients and prospects within the context of risk management
- Demonstrates a commitment to fair lending practices. Remains knowledgeable of all laws and regulations governing the lending activities of financial institutions. Ensures compliance with all applicable Bank policies and procedures, as well as all State and Federal regulations.
- Builds and maintains a positive working relationship with attorneys, appraisers, developers and others to enhance the Bank’s image and reputation in the marketplace.
- Stays abreast of products and services the Bank is providing.
- Adheres specifically to all corporate policies and procedures, Federal and State regulations and laws.
- Has responsibility for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti- Money Laundering (AML), Customer Identification Program (CIP) and OFAC to assist in the identification, detection and determent of money laundering or other unlawful activities.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
COMPETENCIES
- Excellent interpersonal skills
- Proficient in Microsoft Excel and Word
- Strong organization skills
- High attention to detail
- Cooperative and willing to assist coworkers and customers on a regular basis
- Effective listening skills demonstrated by the ability to listen to others talk (without interruption), understand them, and then propose solutions or make contributions based on the points made by others
- Possesses multi-tasking skills and be able to function well under pressure
- Ability to remain composed under pressure and respond to customer and coworker concerns regularly
- Patience and willingness to help others in solving problems while maintaining a positive attitude
Qualifications, Education, and Certification Requirements
- Education: Four-year degree in Business Administration, Finance, Accounting or related field; Graduation from a recognized school of banking is an asset or equivalent experience
- Experience: Minimum of 8 years of experience in commercial banking, business banking and/or portfolio management with at least 5 years of specific portfolio management and/or underwriting experience. Prior management experience is preferred.
- Certifications/Specific Knowledge: Knowledge in accounting and lending principles, as well as excellent oral and written communication skills. Must have an in-depth knowledge of Federal and State lending regulations and Bank policies related to lending procedures.
TRAINING REQUIREMENTS/CLASSES
Required annual compliance training; New Employee Orientation
PHYSICAL DEMANDS
Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. This position may require bending and reaching.
WORK ENVIRONMENT
Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered. Travel may be required to come to meetings as needed.
Work Location: 2829 Technology Forest Blvd., Ste. 120 The Woodlands, Texas 77381
Equal Opportunity Employer, including disabled/veterans.
