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First Interstate BancSystem Credit Portfolio Manager in Billings, Montana

If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

This position can be located at ourBillings, MT Downtown, Boise, ID W. Overland, Denver, CO Cherry Creek, Des Moines, IA E. Euclid Ave., Omaha, NE 93rd & W. Dodge and Sioux Falls, SD Downtown branch.

What's Important to You

We know your career is just one aspect of a meaningful, complex, and demanding life. That's why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

  • Generous Paid Time Off (PTO) in addition to paid federal holidays.
  • Student debt employer repayment program.
  • 401(k) retirement plan with a 6% match.
  • The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve, and why we want YOU to be a part of it.

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

SUMMARY
The Credit Portfolio Manager is responsible for the development and maintenance of a robust loan portfolio management program that is in accordance with the Bank's risk management policies and practices, complies with regulatory expectations, and supports the credit approval process in accordance with the Bank's strategy and risk appetite. This position will perform work in collaboration with the banking organization, Credit Analytics and Enterprise Risk Management and includes managing credit policy and procedures, providing credit expertise and analysis, ensuring strong data quality and support to the credit approval process. The Credit Portfolio Manager also provides effective communication regarding the loan portfolio, risk management and mitigation of risks and projections of asset quality throughout the enterprise and as required by the committees of the Board and Management. This position is part of the Credit Risk Management Team and reports to the Chief Credit Officer.ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Maintains high credit quality throughout First Interstate Bank's (FIB) Commercial Loan Portfolio by partnering with credit and loan workout colleagues, risk management, lending staff and regional management throughout FIB to ensure a consistent credit culture, credit assessment, lending standards, data, and portfolio management.
  • Collaborates with other areas of the organization to provide and monitor credit metrics, portfolio, and market conditions and coordinate and provide related subject expertise and leadership in credit related initiatives.
  • Provides insight and support for management in preparation of both internal and external presentations, earnings releases and related activities, presentations to internal Governance, and Regulatory interaction and requests.
  • Develops and maintains the Credit Policies and related procedures of the organization, including strong collaboration with business partners throughout the enterprise.
  • Monitors performance of credit reviews, including monitoring of credit policy exceptions to develop and enhance mitigating controls or other risk management efforts to maintain appropriate risk profile.
  • Assesses and communicates FIB portfolio and industry trends, recommending credit reviews, proactive measures, and policy updates, as required to maintain the portfolio within acceptable risk profile.
  • Assists with regulatory related activities and projects, and with regulatory exams and audits as required.
  • Develops and delivers training and communications in conjunction with senior credit staff, to ensure that all business partners are approaching credit consistently, and that FIB's training is reflective of desired risk culture, industry and economic environment, as well as harnessing organizational learnings.
  • Collaborates and participates in the coordination of appropriate portfolio concentration metrics and data elements necessary for stress testing, ensuring data integrity, and accuracy.
  • Collaborates on the appropriate reporting and analysis necessary to manage the loan portfolio and to facilitate the monitoring of Asset Quality, Forecasting, Concentrations, and Portfolio metrics.
  • Coaches and trains bankers and other credit staff members on both key asset quality metrics/health indicators and quality sales generation aligned with the strategy and risk appetite.
  • Establishes appropriate reporting and monitoring mechanisms of specific loan segment characteristics that may impact loan performance in material segments, which may include rolling quarterly trends, semi-annual rent roll analysis for CRE, review and analyze large loan reports, monitoring of construction loans, quarterly inspection reports, borrowing bases, and appraisals.


QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.KNOWLEDGE, SKILLS AND ABILITIES

  • Ability to operate and manage in a multi-disciplined team.
  • Ability to contribute to the negotiation of deal structures with clients.
  • Ability to manage through significant change (required staffing levels will fluctuate depending on size of portfolio needing SAG management).
  • Strong written, presentation and oral communication skills.
  • Good interpersonal and relationship building skills.
  • Thorough understanding of Accounting Principals/GAAP.
  • Possesses effective utilization of time management to accomplish goals on a consistent basis.
  • Ability to read, analyze, and interpret the most complex documents.
  • Ability to respond effectively to the most sensitive inquiries or complaints.
  • Ability to write speeches and articles using original or innovative techniques or style.
  • Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
  • Ability to work with mathematical concepts such as probability and statistical inference.
  • Proficient in Excel, Power Point, and Data Base Analytics/Modeling.
  • Thorough understanding of FIB's loan operating systems and Cecil Model.
  • Strong financial analysis skills and abilities.


EDUCATION AND/OR EXPERIENCE

  • Bachelor's Degree in Business, Accounting, Finance, or related field
  • 10+ years commercial lending, credit, or related experience to include a minimum of 5 years management experience and/or equivalent combination of education and experience required
  • Experience working with a financial organization of comparable size to First Interstate Bank preferred


PHYSICAL DEMANDS AND WORKING ENVIRONMENT
The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

  • Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
  • Sitting - Frequently
  • Standing - Occasionally
  • Noise Level - Moderate
  • Typical Work hours - M-F (8-5)
  • Regular and Predictable Attendance - Required

COMPENSATION & BENEFITS

We offer a competitive total compensation package including base salary and benefits. The pay range for this position is $105,280 to $173,711 per year in CO and depends on a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills and experience, education, and geographic location. Benefits include, but are not limited to, medical, dental, vision, short- term and long-term disability benefits and life insurance, flexible spending accounts, health savings account, employee assistance program, 401(k), Paid Time Off (new hires accrue at .069 per hours worked which equates to approximately 18 days per year inclusive of paid sick time) and up to 11 paid Federal holidays. For more information regarding our benefits, please visit https://www.firstinterstatebank.com/company/about/employee-benefits.php.

If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.

Our company is an equal opportunity employer. Employment here is based solely upon an individual's merit and qualifications directly related to the position. We do not discriminate on the basis of race, color, religion, national origin, ancestry, pregnancy status, sex, age, marital status, disability, medical condition, or any other characteristics protected by law. We make all reasonable accommodations to meet the obligations set forth under the Americans with Disabilities Act (ADA) and state disability laws.

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