Power and Project Finance Portfolio Manager - El Segundo, CA
Location: El Segundo, California
Internal Number: 10280_061291
Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
We are looking for a seasoned Power & Project Portfolio Manager in El Segundo, CA. This role focuses on managing and servicing a portfolio of project finance loans primarily centered in the power industry (renewable energy, natural gas, electric transmission, etc.).
Responsible for managing and servicing a portfolio of project finance loans primarily centered in the power industry (renewable energy, natural gas, electric transmission, etc.).
Responsible for identifying key credit risks, recording and monitoring borrower covenants, ongoing account servicing (admin agency, construction draws, billing, rate setting, etc.), monitoring operating and financial performance, reassessing risk grades as necessary, preparing extensive credit reviews which requires working with complex financial models.
The Portfolio Manager provides documentation review and closing support during the execution of new lending opportunities.
Other responsibilities include maintaining various internal databases, handling reporting on loans such as past dues, documentation and collateral exceptions, risk grades, and portfolio profitability.
May assist bankers on the originations team with new loan requests.
Attends industry conferences, site visits, and other related events.
Acts as the primary point of contact on closed loans and works directly with clients to resolve any pending issues.
Works alongside middle office and loan operations to service our client's needs.
Applies all applicable credit policies and procedures to the execution of the risk management process.
Works under limited direction and independently determines & develops solutions to a variety of issues that may arise.
Assists senior bankers with the mentoring and training of a team of associates and credit analysts.
Ability to work independently with limited supervision.
Other special projects as assigned.
Requires a bachelor's degree in Finance, Accounting, Business, Economics or related field. 8+ years of banking experience in relationship management, underwriting, and/or credit/portfolio management. Position can possibly be filled at a more senior level with increased years of experience.
Experience in project finance, structured finance, and/or commercial real estate finance highly preferred.
Advanced knowledge of various types of loans, credit analysis, spreading (and spreading software) and analyzing financial statements, risk analysis, loan documentation, etc.
Advanced knowledge of banking products, services, policies, procedures and regulations.
Excellent credit skills in underwriting including financial statement analysis, financial modeling, and valuation.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and more than $90 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending, ranking as the tenth largest provider in the U.S. of the SBA’s Paycheck Protection Program loans. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.