The Asset Finance Portfolio Management Team Lead role at Citizens Bank is based onsite in Johnston, RI. This leadership position oversees the Asset Finance Portfolio Management team, responsible for P&L outcomes, credit quality, documentation, and portfolio management, while driving growth and maintaining regulatory compliance.
Responsibilities
- Develop and lead a team responsible for credit, portfolio management, and documentation within the designated region. This includes assigning new credit submissions, managing workloads, ensuring portfolio compliance with regulatory and commercial credit policy guidelines, and providing necessary resources such as training, headcount, and system access.
- In collaboration with senior management and sales leaders, drive new business growth that delivers an acceptable bank return while minimizing credit risk. Prescreen and structure corporate lease and loan transactions across multiple industries, perform independent credit due diligence, and analyze and underwrite transactions in a timely manner.
- Review and approve new credit requests and annual reviews within designated authority, ensuring alignment with commercial credit policy and AF guidelines.
- Deliver outstanding service to external and internal customers, building positive relationships with senior credit management and credit counterparts across Citizens Bank.
- Manage a small portfolio of client relationships in accordance with commercial credit policy. Conduct quarterly and annual reviews, maintain CRM data, prepare memorandums, obtain approvals for changes to facilities, and execute portfolio management tasks such as exposure management plans and lease renewals.
- Monitor ongoing changes and solicit feedback from internal customers to refine the structure as needed, conducted through regularly scheduled meetings with key stakeholders.
Requirements
- Bachelor’s degree in Finance, Accounting, Marketing or other related field
- Strong verbal and written communication skills, organized and capable of interpersonal collaboration. Ability to meet deadlines and manage multiple initiatives in a high volume environment.
- 10-15 years of Commercial Banking Portfolio Management experience
- 3+ years of Equipment Finance or Asset Finance industry experience
- Prior management and mentoring experience is required
Technologies
Benefits
- Medical, dental and vision coverage
- Retirement benefits
- Maternity and paternity leave
- Flexible work arrangements
- Education reimbursement
- Wellness programs
- Paid time off (PTO) policy
Hours and Work Schedule
- Hours: 40+
- Work Schedule: Monday - Friday
Pay Transparency
The salary range for this position is $200,800 - $250,000 per year, plus the opportunity to earn an annual discretionary bonus. Actual pay is determined by factors including work location, relevant skills, and experience.
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood.
Why Work for Us
Citizens offers a customer-centric culture focused on helping customers and contributing to local communities. By joining the team, you become part of a supportive and collaborative workforce with access to training and tools to accelerate potential and advance career growth.
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public records, prior employment verification, and criminal background checks. Results are reviewed in light of legal requirements and the nature of the offered position, with further information provided in the offer.
