Account Manager, Portfolio Management

Business Unit: GE Commercial Finance, Capital SolutionsFunction: Risk ManagementResponsibilities: This role is responsible for all aspects of portfolio management for a group of assigned accounts including monitoring loan covenants and financial statement collection, identifying potential problem accounts, identifying potential additional financing opportunities and the credit and documentation for loan modifications.
Handle all aspects of portfolio management on a group of assigned accounts. Assigned accounts are key customer relationships that are identified based on different criteria, such as exposure size, growth potential and risk profile
Monitor customer compliance with loan covenants
Ensure customer provides financial statements and all other documents required per loan agreements
Identify early-on potential watch-list accounts for forwarding to Special Servicing
Develop strong customer relationships and identify opportunities for additional financing or re-financing. Work with the Account Executive to execute on such opportunities
Handle all borrower requests related to loan modifications: collateral release or substitution, assignments or assumptions, etc.
Handle within the assigned delegation all credit decisions that relate to loan modifications. Perform a credit analysis commensurate with the scope and risk of the subject loan modification. The analysis will at times cover all key risk aspects: customer review, financial analysis, collateral evaluation, concept and industry analysis
Participate where necessary in negotiations regarding final terms and documentation for loan modifications. Work with the Closing Associates, Account Executives, and Outside Counsel to ensure proper documentation and ultimate closing of the transaction
Participate from time to time in customer or concept visits. Develop an in-depth understanding of the industry and specific franchise concept
REQUIREMENTS
Qualifications: * Bachelor's degree in Finance, Economics, Business Administration, Accounting, or Law degree, plus minimum 4 years experience in a commercial finance or banking environment, including preparing financial information, interpreting financial performance, assessing risk exposure, and recommending risk decision
Demonstrated ability to effectively manage multiple priorities
Strong technical skills, especially in financial analysis and monitoring and deal documentation & review
Proven problem solving and analytical abilities
Proficient in MS Word, Excel, and Powerpoint, with emphasis on Excel utilization
High energy, detail oriented team player, with excellent organizational and verbal and written communications skills
Be willing to work out of an office in Scottsdale, AZDesired: * Minimum of 1 year experience successfully leading a team in a financial services business
Minimum 1 year of underwriting or Workout experience
Custom-centric mindset and work style
Effective team playerGeneral: Please go to www.gecareers.com and search for Job # 538489 to apply for this position.GE offers a competitive salary, outstanding benefits package and the professional advantages of an environment that supports your development and recognizes your achievements.GE is an equal opportunity employer.For U.S. employment opportunities, GE hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization prior to employment.We would like to thank everyone who submits their resume for this opportunity. Due to the volume of resumes we receive, only those candidates selected for interviews will be contacted.
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.The United States has regulations that govern the hiring of current or former U.S. Government employees. If you currently work for (or have in the past) the U.S. Government (in any capacity), you may have certain responsibilities under these regulations and certain restrictions may apply to your potential employment with GE. Therefore, if you are contacted by GE regarding a position of employment, and you have worked for the U.S. Government at any time, please immediately inform the GE representative of this fact.