Portfolio Manager III - Austin

Why Broadway Bank:

We are one of the largest independently owned banks in Texas with offerings in personal and private banking, wealth management, business banking and mortgage lending.

Position Overview:

The Portfolio Manager III is responsible for assisting assigned Commercial, Business, Private Banking, and Commercial Real Estate (CRE) Relationship Managers in the management of credit relationships. This role oversees the daily management, underwriting, and quality control of credit approvals, closings, and post-closing activities for existing and prospective loan relationships. The Portfolio Manager III serves as the primary liaison between Relationship Managers and Credit Administration, ensuring the effective delivery of credit products. Additionally, the role supervises assigned credit analysts to achieve optimal performance.

Essential Functions:

• Directs the underwriting of new and existing credit exposures, focusing on large loan commitments in the CRE, Commercial, Private, and Business Banking sectors.
• Independently manages credit renewals and new loan requests, ensuring timely and efficient processing with minimal involvement from the Relationship Manager.
• Coordinates credit processing for less complex renewals and prospective approvals with the Credit Department and Consumer Underwriting Department to maintain efficient workflow.
• Recommends appropriate credit structures and provides approvals or declines for loan requests on behalf of Relationship Managers. Approves ACH/RDC exposure limits and wire transfers within individual authority limits.
• Participates in customer calls with Relationship Managers to provide credit insights and support where appropriate.
• Oversees portfolio management for assigned Relationship Managers, including the reduction of past due loans, ensuring timely renewals, minimizing reporting exceptions, monitoring financial covenants, and managing collateral exceptions.
• Supervises and mentors assigned credit analysts, including performance evaluations, coaching, and development to enhance team productivity.
• Acts as a subject matter expert for credit administration, providing training, mentoring, and guidance to credit analysts to improve their work quality and understanding of credit processes.
• Collaborates closely with Relationship Managers, focusing on internal processes that allow bankers to concentrate on external client interactions, enhancing overall team effectiveness.
• Identifies and drives continuous improvement opportunities within the credit product, including credit software enhancements, template optimization, and development of regular reports for internal stakeholders.
• Monitors CRM reports and activities for assigned Relationship Managers, ensuring alignment with team goals, communication, and coordination.
• Performs other duties as required to support the needs of the department and organization.
• This position may require travel within the Bank's geographic area.