Wealth Credit Delivery Portfolio Manager – Medical Specialty Team

About the Opportunity

The Wealth Credit Portfolio Manager is responsible for underwriting loan transactions, including completing all required financial and other due diligence, in order to make recommendations for new business-purpose (i.e. wholesale) credit requests. In addition, the Wealth Credit Portfolio Manager proactively manages an assigned portfolio of credit relationships with an average portfolio size of over $500MM. Role supports a growing national franchise with High Net Worth or Ultra High Net Worth clients within the Truist Wealth Advisory segment (average client relationship in excess of $25MM AUM) or Specialty business clients, such as Medical Practices or Law Firms, with an average revenue size of $50MM. The Wealth Credit Portfolio Manager will handle all loan requests above $10MM but some requests could be in excess of $100MM.

Responsibilities

• Independently structure loan terms, covenants and pricing to recommend deals to credit risk management.
• Role will handle the largest and most complex wholesale loan requests and borrower relationships within the wealth portfolio.
• Credit requests have a variety of business structures and deal complexity, and could include both owner-occupied and investor-owned commercial real estate, working capital facilities, yacht/airplane financing, corporate finance transactions, concentrated stock/highly structured securities-backed and unsecured facilities.
• Analyze historical and projected financial statements, tax returns, borrowing base statements, appraisals, loan collateral and other diligence items provided in support of the loan request.
• Identify key borrower and transaction risks, providing mitigants or otherwise proposing alternative loan structures where appropriate.

About You

Required Qualifications:

• Bachelor’s Degree in Accounting, Finance or business, or an equivalent combination of education, training and experience.
• Minimum of seven (7) years in structured wealth lending or with large commercial credit solutions.
• Demonstrates strong decision making skills and ability to balance business development and risk mitigation.
• Excellent proven oral and written communication skills. Strong client relationship skills.
• Demonstrates strong negotiation and persuasion skills during external interactions with clients/prospects and internally with Relationship Management partners and Credit Risk Management.

Eligibility

Language Fluency: English (Required)
Work Shift: 1st shift (United States of America)
Regular or Temporary: Regular

Benefits

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Company

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.