Description

Huntington’s Technology and Telecom (“T&T”) team is a fast-growing, nationally mandated, and dynamic Specialty Vertical within Huntington’s Commercial Bank. The T&T team is a leading provider of financing solutions to technology and telecommunications companies and is made up of 11 seasoned bankers with deep sector knowledge. As a result of the T&T team’s robust growth, it is seeking to add a Senior Portfolio Manager who is capable of leading the execution on new transactions while managing a dynamic portfolio of credits across the tech and telecom space. The Senior Commercial Real Estate (“CRE”) Portfolio Manager will execute on both CRE and Project Finance-style data center financings as well as cash flow structured technology and telecom transactions.

This is an opportunity to join an entrepreneurial team that is in full growth mode, having grown the portfolio by ~9x over the last 4 years. The Senior Portfolio Manager will successfully leverage their experience to help drive the T&T vertical forward through concise and thorough underwriting and portfolio management, while also providing constant coaching and development of junior talent. A successful candidate should be able to produce timely, high quality & detailed underwriting work product in a concise, consistent and efficient format. The ideal candidate should have Commercial Real Estate experience, given the T&T vertical’s focus on data center and digital infrastructure financings. The Senior Portfolio Manager should be able to successfully explain complex technology and telecom sectors in an easy-to-understand way to a broader audience while appropriately addressing key risks & mitigants, credit policy exceptions, and regulatory designations within underwriting documents of record. A successful candidate will actively participate in key transaction discussions with all stakeholders including the borrower, agent banks, credit, etc., while demonstrating command of the subject matter. The Senior Portfolio Manager role is client facing, and the Tech and Telecom Senior Portfolio Manager should be comfortable with engaging clients for both diligence and prospecting alongside the Relationship Manager. Please note: The location for this role can be anywhere in the Huntington Bank footprint locations.

Duties and Responsibilities:

Underwriting

Senior PMs are expected to leverage their experience to help drive the T&T vertical forward through concise and thorough underwriting and constant coaching of junior talent. Drive an efficient process with early identification of key milestones and adherence to deadlines.  Includes credit adjudication, legal review, and appropriate collaboration in closing and onboarding.Produce timely, high quality & detailed underwriting work product for credits to include borrowers who are public, private, investment grade, non-investment grade and highly leveraged. Senior PMs are able to successfully explain complex technology and telecom businesses and products in an easy-to-understand way to a broader audience.Maintain a proactive approach to addressing questions and comments arising during underwriting, including interactions with agent banks or clients, as applicable.Identify and appropriately address key risks & mitigants, credit policy exceptions & variances and regulatory designations within underwriting documents of record.Maintain a lead role in the deal process. Actively participate in key transaction discussions, demonstrating command of subject matter. Effective presentation dialogue, including prepared remarks and Q&A. Formats include credit committees, portfolio reviews, etc.Establish and maintain an appropriate understanding of portfolio returns.  Assist in identifying potential cross-sell opportunities, and partner with the RM in assessing and formulating deal strategy.

Portfolio Management:

Timely recognition and communication of adverse change in a borrowers’ risk profile and escalation of challenges.  Proactive recognition and communication of portfolio insights in a timely manner, including deterioration or developing risks, emerging credit trends, etc. Ensure quality, timeliness and accuracy of portfolio monitoring and maintenance activities including risk ratings, annual reviews, portfolio reviews, product line requests & renewals.Demonstrate effective presentation dialogue, including prepared remarks and Q&A.

Team Accountability/Performance:

Proactive management of workflow and pipeline. Focus on adherence to internal and external deadlines.Build and maintain working relationship with RM team, credit team and key product partners.Build and maintain relationship with supporting teams (Loan Closers, Credit Review, Legal, etc.). Maintain ongoing dialogue as appropriate in support of business efficiency.   Prompt and thorough responses related to examinations, including both internal audit and external regulators.Develop a thorough understanding of the technology and telecom industry characteristics including but not limited to demand drivers, cyclicality, competitive landscape, etc., and provide relevant updates / serve as the Subject Matter Expert. Attend industry conferences and bank meetings / client calls to remain abreast of an ever-changing industry.Active engagement and participation in projects and work streams.

Basic Qualifications and Skills:

5+ years of related portfolio management experienceCommercial Real Estate experience required given the T&T vertical’s focus on data center financingsBachelor’s degree required

Preferred Qualifications:

Preference given to those with Project Finance experienceMBA or Master’s degree in related field of study10+ years portfolio management experience at a large national, international, or super regional bank

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

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