Managing Director, National Portfolio Manager

First Merchants Bank is seeking a Managing Director, National Portfolio Manager to join our team! This position will build and lead a best-in-class portfolio management team by establishing and enforcing clear and consistent processes and procedures to balance growth while minimizing risk of loss.

Essential Duties and Responsibilities:

• Lead a portfolio team including establishing consistent processes and procedures to manage the portfolio and execute due diligence for new borrowers. Specifics outlined below:
• Collaborate with relationship managers and portfolio managers in the loan structuring of new opportunities and identifying solutions for borrowers' activity.
  
  
  
  • Create a partnership between relationship managers and portfolio managers to be responsive to client needs as well as communicate bank solutions for borrower issues.
  
  
  
  
• Establish and enforce processes and procedures for due diligence for new Specialty Lending borrowers.
  
  
  
  • Provide direction and oversight for due diligence including general business review, analysis of pertinent financial data and collateral profile, as applicable.
  • Attend management presentations and/or provide guidance to team members with regards to interviewing prospective clients and obtaining information concerning their business needs, abilities, and earnings, and assess credit risk.
  
  
  
  
• Take ownership of portfolio quality and maintenance. Oversee a team monitoring current loans and customer's credit profile to ensure complete conformity with terms.
  
  
  
  • Ensure current credit and financial information is obtained as needed and/or that collateral is adequate.
  • Provide direction for review of financials with customers and provide expert advice as necessary.
  • Direct accountability for loss prevention; determine necessary action to be taken on all loans, includes providing direction for resolving issues pertaining to substandard and special mention loans.
  • Remain cognizant of developing trends.
  
  
  
  
• Support employee development and training, counsel, motivate, coach, mentor and provide leadership.
• Oversee reporting tools to identify portfolio trends, new business credit metrics and prepare various scheduled management reports.
• Lead projects and develop new or refine existing efficiencies and processes as required.
• Remain current with all applicable regulations and policies.

To be successful in this position, we require the following:

• Bachelor's degree in business or related field.
• A minimum of fifteen (15) years of commercial banking experience.
• A minimum of ten (10) years of portfolio management experience.

The following would be a plus:

• Credit analyst experience
• Masters Degree
• Process oriented experience

First Merchants offers the following:

• Base Pay PLUS Bonuses
• Medical, Dental and Vision Insurance
• 401k
• Health Savings and Flexible Spending Accounts
• Vacation/Sick Time
• Paid Holidays
• Paid Parental Leave
• Tuition Reimbursement
• Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!