IBKC - Commercial Group Manager - Huntsville in Huntsville, AL at First Horizon National Corporation

Date Posted: 8/2/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    400 Meridian Street North
    Huntsville, AL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/2/2020
  • Job ID:
    IBKCC02029

Job Description

Be a Leader! As a Commercial Group Manager you will be responsible for overseeing a team of winning Commercial Relationship Managers in their efforts to generate high revenue deals in our local markets and neighboring communities. You'll lead a team of bankers in reaching and surpassing company sales goals in addition to expanding and managing their own portfolios. You’ll work with an experienced team of portfolio managers and loan center underwriters to grow your business. Take your leadership and business development skills to the next level and join First Horizon Bank in the critically important role of a Commercial Group Manager!

A day in the life of a Commercial Group Manager:

  • Provide mentoring and training to a team of Relationship Bankers, Portfolio Managers and Client Relationship Assistants
  • Expand existing client relationships as well as creating and developing new relationships
  • Work with your team, use business acumen to structure financial loans, access strengths and weaknesses of prospective borrowers and price according to risk-rated returns

SUMMARY:

  • Develops new customer prospects and business with commercial clients and manages directly or indirectly a portfolio of commercial clients.
  • The Group Manager I for a market is responsible for overseeing Commercial Relationship Managers including prospecting, commercial client development and maintenance of portfolios.
  • This position has responsibilities in regards to budget and assistants RMs in attaining their goals.
  • Appropriate use of Commercial Lending Authority, as designated per policy.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Manage independently a significant client portfolio for the bank (>$250MM funded) and/ or manage multiple Relationship Managers that maintain client portfolios
  • Expand existing client relationships which generate incremental revenue for the bank
  • Develop new client relationships which generate acceptable returns for the bank
  • Independently analyze the credit strengths and weaknesses of prospective borrowers and make loan decision recommendations
  • Independently makes recommendations on loan pricing which are competitive with the marketplace and achieve an acceptable return for the bank
  • Independently structure complex loans (term, covenants, collateral, guarantees, etc.) which appropriately protects the bank
  • Independently recognize complex client needs and matching the bank's capabilities to meet these needs
  • Negotiate independently with clients on complex loan structure, pricing, and other product/services for clients
  • Maintain a thorough knowledge of bank's lending policies and regulatory requirements
  • Provide mentoring and training to other bank associates, including Relationship Managers, Portfolio Managers, and Client Relationship Assistants.

ROLES AND RESPONSIBILITIES - COMMERCIAL LOAN ORIGINATION PROCESSES:
(A Group Manager may supervise Relationship Managers that carry these responsibilities)

  1. Maintain proper house-holding of relationships
  2. Continually upload financial information and client detail into central repository throughout the underwriting process.
  3. Gather financials for new and renewal opportunities with clients.
  4. Prepare Opportunity Memos as needed for new and renewal requests to initiate underwriting process.
  5. Work directly with the underwriter to ensure accurate reflection of financials
  6. Work directly with the underwriter to ensure accurate preparation of Loss Given Default, Probability of default and Risk Adjusted Return on Capital models at time of new/renew requests.
  7. Coordinate deal team meetings between Relationship Manager, Market President, Senior Credit as required.
  8. Review Underwriting Package for accuracy and provide edit/input items for underwriter.
  9. Create/Prepare term sheets
  10. Finalize term sheets to meet client and bank needs
  11. Engage underwriting to update results of term sheet accordingly and as needed to be reviewed by deal team.
  12. Coordinate credit decision with Market President, Senior Credit Officer, Executive Credit Officer, Chief Credit Officer and Chief Operations Officer.
  13. Create/Prepare Commitment Letter
  14. Finalize any required conditions precedent as needed to ensure Loan Closing has all items needed.
  15. Responsible for reviewing closing documents
  16. Responsible for communication with client

ROLES AND RESPONSIBILITIES – PORTFOLIO MANAGEMENT:
(A Group Manager may supervise a Portfolio Manager and/or Relationship Managers for these responsibilities)

  1. Identifies portfolio weaknesses and trends and alerts management to deteriorating portfolio conditions
  2. Ensure receipt of all financial and covenant requirements of client relationships, managing exceptions as dictated by policy.
  3. Annual Review of client relationships as dictated by policy.
  4. Annual Risk Rating of client relationships as dictated by policy.
  5. Ensures client adherence to covenants with review of calculations, key provisions, and recommendations according to policy.

SUPERVISORY RESPONSIBILITIES:
The position maybe responsible for supervisor of other associates. To carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include assisting with interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. This individual should possess strong commercial banking and management skills.
EDUCATION AND/OR EXPERIENCE:
Four year college degree preferred with a minimum of 10 + years previous banking experience, preferably in the Commercial segment or an equivalent combination of education and experience.
LANGUAGE SKILLS:

  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
  • Ability to write reports, business correspondence, and procedure manuals.
  • Ability to effectively present information and respond to questions from groups of managers or other authorities

MATHEMATICAL SKILLS:

  • Ability to work with mathematical concepts such as probability and statistical inference.
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY:

  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

COMPUTER AND OFFICE EQUIPMENT SKILLS:
The following computer skills are required to perform the essential duties of this job:
Microsoft Outlook, Word, Excel, and other support systems.
CERTIFICATES, LICENSES, REGISTRATIONS:
PHYSICAL DEMANDS:
Sit for long periods of time. Occasionally pick up items weighing not exceeding 50lbs.
WORK ENVIRONMENT:
Office building with frequent travel to client offices



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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