Purpose of Position:
The C&I Portfolio Manager/Team Lead, is responsible for senior-level oversight of the risk management and performance of the Bank’s commercial and industrial portfolio, including nonprofit, CDFI, for-profit, owner-occupied mortgage financing and other mission-aligned and commercial borrowers. This role serves as a senior credit and personnel leader, exercising independent credit judgement on complex relationships, managing and developing portfolio management staff, and ensuring portfolio practices align with the Bank’s risk appetite and regulatory expectations.
In addition to overseeing a portfolio of the most complex or high-risk relationships, this role leads the C&I portfolio management team and is responsible for identifying emerging risks, strengthening portfolio management practices, improving tools and processes, and representing the C&I PM function in internal governance, audit, and regulatory contexts.
The position requires advanced C&I credit expertise, demonstrated experience managing teams and diverse loan portfolios, strong judgement, leadership capability, and the ability to work independently and influence outcomes across multiple stakeholders.
Essential Job Functions:
Senior Portfolio Oversight and Risk Leadership
- Provide senior-level oversight of portfolio risk, performance trends, and emerging issues across the C&I portfolio, including nonprofit, for-profit, CDFI, and other commercial and mission-aligned borrowers.
- Independently evaluate complex credits, higher risk relationships, and non-routine structures.
- Review, challenge, and approve complex credit recommendations, risk ratings, and exception requests.
- Serve as a senior escalation point for portfolio issues, including criticized assets and problem credits.
- Lead strategy development for risk mitigation, remediation plans, and workout approaches where necessary.
- Ensure portfolio management practices are consistent with Bank policy, regulatory guidance, and best practices.
Credit Expertise and Decision Influence
- Provide expert guidance on loan structures, covenant frameworks, and risk identification.
- Challenge assumptions in underwriting and portfolio management to strengthen overall credit quality.
- Contribute to policy interpretation and recommend enhancements to credit standards where appropriate.
- Represent the C&I Portfolio Management perspective in internal credit committees, governance forums, audits, and examinations.
- Perform independent research and analysis on industry developments and trends.
Leadership and Talent Development
- Lead, mentor, and provide technical guidance to AVP/VP-level portfolio managers and other team members.
- Review work product for quality, consistency, and sound credit judgement.
- Set clear performance expectations, allocate work effectively, and support staff development through timely feedback and coaching.
- Promote strong collaboration, accountability, and professional standards across the team.
Process Improvement and Strategic Contribution
- Identify opportunities to enhance portfolio management tools, reporting, and workflows.
- Partner with internal stakeholders (Credit Risk, Compliance, Technology, etc.) to improve systems and data integrity.
- Contribute to broader strategic initiatives related to C&I portfolio risk management, reporting, and growth.
- Perform other duties as assigned, including involvement in complex new originations.
Knowledge, Skills and Experience Requirements:
- Bachelor’s degree in Business Administration, Finance, Accounting, or related field, or equivalent advanced commercial credit experience; advanced degree or professional certification (MBA, CRC, CFA, CPA) preferred.
- 10+ years of progressively responsible experience in commercial banking and C&I portfolio management, including significant experience with nonprofit, for-profit, CDFI, owner-occupied mortgage financing, and other commercial borrowers.
- Demonstrated expertise in C&I credit structures, cash-flow and collateral analysis, covenant design, risk rating, and portfolio monitoring across diverse industries and borrower types.
- Proven ability to exercise independent credit judgement on complex, higher-risk, or non-routine transactions.
- Experience reviewing and challenging credit work prepared by others, including risk ratings, covenant structures, and exception requests.
- Experience managing criticized assets, workout situations, or remediation plans.
- Strong understanding of bank regulatory expectations, loan policy frameworks, and risk governance practices.
- Proven ability to influence outcomes across relationship managers, underwriters, credit administration, and senior stakeholders.
- Demonstrated experience formally managing portfolio management or credit professionals, including work allocation, coaching, performance management, and talent development.
- Demonstrated ability to identify systemic risks, recommend process improvements, and contribute to portfolio-level strategy.
- Firm understanding of Federal/State Regulations including but not limited to EOCA, Regulation B, CRA and NYDFS Rule 76.
- Advanced written and verbal communication skills, including the ability to communicate complex credit concepts to senior audiences.
- High proficiency in financial analysis tools, data interpretation, and portfolio reporting.
- Familiarity with Salesforce, Moody’s CreditLens, and Tableau preferred.
Our job titles may span more than one career level. The starting base salary for this role is between $145,000.00 – $165,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as “remote”.
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Amalgamated Bank New York, New York, USA Office
New York, NY, United States
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