Fifth Third Bank, N.A. Construction Risk Portfolio Manager in Traverse City, Michigan
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GENERAL FUNCTION: Provides construction risk management for construction loans having a moderate to complex degree of difficulty. Daily duties include assisting in closing construction loans by reviewing all construction related documentation and reviewing and approving construction loan disbursements to insure projects financed remain on schedule and within the approved budget providing a high level of customer service and support, and completing special projects as requested.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Partners with Portfolio Managers, Regional Credit Lead or Credit Officer, Team Leaders, and Relationship Managers in credit underwriting efforts through review of General Contractor agreements, Architect agreements, construction budgets and loan documentation to insure bank's construction policy and procedures are adhered.
Develops a working knowledge of all assigned customers and associated construction projects.
Assists loan closing managers with all construction related loan document preparation, including third party coordination, completion and review of Plan, Spec and Cost reports, as well as coordination of Bank Consultant's for monthly draw requests.
Supports Relationship Manager in monitoring on on-going basis information concerning the construction projects performance in accordance with scheduled completion and budget. Identifies out-of-balance situations and project issues that could impact the completion of project and escalate to Relationship Mangers and the appropriate Credit Partners.
SUPERVISORY RESPONSIBILITIES: None
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor's degree is required, with a preference for majors in accounting, finance or economics.
3-5 years of construction credit analysis and construction loan administration and/or loan review experience, preferably in the banking industry, or an advanced business degree with 3+ years of business-related experience
Must be proficient in basic software applications such as Microsoft Word and Excel. Familiarity with the Bank's internal applications is a plus.
Strong organizational skills and teamwork exhibition
Ability to work in a deadline driven environment and multi-task
Comfortable in a limited client facing environment
Normal office environment with little exposure to dust, noise, temperature and the like
Extended viewing of a CRT screen
Construction Risk Portfolio Manager
LOCATION -- Rosemont, Illinois 60018
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years. We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.We employ about 18,000 people while offering:• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.• An environment where we win together by celebrating achievements and working collaboratively.• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.We’re proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member.
Fifth Third Bank, N.A.
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