Celtic Bank is seeking an experienced VP, Portfolio Manager to join our Corporate Finance team. This role will be responsible for the underwriting and active management of a dedicated portfolio of middle-market corporate loans, with a primary focus on syndicated, leveraged finance, and cash flow-based credit facilities.
The VP, Portfolio Manager will monitor borrower performance, financial reporting, covenant compliance, and overall credit risk while leading periodic portfolio reviews and supporting new transaction underwriting as needed. Working as part of relationship-led deal teams, this individual will prepare and present credit recommendations, collaborate with partners throughout the loan lifecycle, and identify emerging risks early.
Essential Job Functions
Provide direct oversight of an assigned portfolio of corporate loan relationships and maintain a current, well-supported view of borrower performance and credit risk.
Monitor financial reporting requirements, covenant compliance, borrowing performance, and other approved credit conditions.
Document policy or credit exceptions and promptly escalate emerging risks or signs of credit deterioration.
Lead periodic portfolio and credit reviews, including financial analysis, covenant calculations, risk assessments, risk-rating recommendations, and credit strategy.
Underwrite new and existing syndicated, leveraged finance, and cash flow lending opportunities as needed.
Complete due diligence, financial modeling, cash flow and repayment analysis, risk evaluation, and deal structuring.
Prepare clear and complete credit approval requests and present recommendations to credit committee and other approval authorities.
Participate in relationship-led deal teams to evaluate transactions and support consistent execution from initial review through closing and ongoing portfolio management.
Coordinate with documentation, closing, servicing, legal, compliance, and other internal partners to ensure approved terms are accurately documented and administered.
Maintain productive relationships with borrowers, financial sponsors, agent banks, syndicate participants, advisors, and other transaction partners.
Identify opportunities to strengthen portfolio management practices, improve reporting, and increase the efficiency and consistency of credit processes.
Use approved technology, including AI-enabled tools where appropriate, to improve analysis, workflow efficiency, and work quality while maintaining sound judgment and applicable data controls.
Stay current on relevant market conditions, regulatory expectations, and trends affecting middle-market, syndicated, and leveraged lending.
Requirements
Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field. Equivalent relevant experience may be considered.
At least seven years of relevant commercial or corporate banking experience, including meaningful responsibility for underwriting and portfolio management.
Demonstrated underwriting experience with syndicated loans and cash flow-based or leveraged finance credit structures.
Experience directly managing a portfolio of middle-market or corporate loans, including covenant monitoring and periodic credit reviews.
Strong knowledge of financial statement analysis, accounting principles, cash flow analysis, financial modeling, loan structuring, and credit risk assessment.
Ability to independently develop a well-supported credit position and clearly communicate recommendations to senior leaders and credit approval authorities.
Strong written and verbal communication, organizational, and relationship-management skills.
Ability to manage multiple active transactions and portfolio responsibilities in a deadline-driven environment.
Preferred Qualifications
Experience as a credit analyst, underwriter, and/or portfolio manager.
Experience in middle-market corporate banking, leveraged finance, syndicated lending, or a comparable cash flow lending environment.
Experience working with…