TMT Portfolio Manager (Technology, Media, And Telecom)

Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.

While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.

Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).

Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.

About the job

The Technology, Media & Telecom team provides banking and capital markets products and services to a variety of businesses falling under the TMT umbrella, including: growth-stage software companies, tech-enabled services, fiber overbuilders, tower companies, data centers, OOH advertisers, broadcasters and digital marketing firms.

The Portfolio Manager role is positioned within Credit Administration and is integral to the success of the Technology, Media & Telecom line of business, helping to drive the strategic vision set forth by Texas Capital Bank.

The Portfolio Manager owns the underwriting process for all credit requests, working closely with Analysts, Associates, and Relationship Managers to determine and evaluate potential risks and identify cross-sell opportunities. The Portfolio Manager is responsible for maximizing portfolio performance and is expected to have the ability to lead an underwriting from opportunity to close with little to no oversight. Responsibilities include monitoring the portfolio quality against established criteria and recommending adjustments to existing credit facilities as appropriate. The Portfolio Manager provides efficient follow-up and spearheads processes to ensure, along with the Relationship Manager, best-in-class Customer Service while serving as an internal consultant and liaison between Credit and the Line of Business.

To be successful in this role, candidates must be able to process large amounts of information, communicating in a clear and concise manner, and develop innovative solutions for our clients, all while maintaining a strong and efficient attention to detail. Key responsibilities include, but are not limited to:

• Management and oversight of a loan/deposit portfolio covering a variety of technology, media and/or telecommunications customers

• Ownership of all credit approvals (new customers, modifications, renewals, increases, risk assessments)

• Identification of key risks and issues pertinent to each credit request, including potential mitigants for identified risks.

• Oversight of credit related responsibilities for the Analysts and Associates, including financial statement spreading and validation of various underwriting tools and models

• Responsible for risk rating assessment and periodic relationship reviews

• Partner with Relationship Manager in credit agreement review and negotiation

• Direct and manage portfolio reviews

• Validate covenant compliance and covenant management

• Ownership of post-approval modifications to ensure accurate reporting of credit exposure

• Client management, including assisting of day-to-day needs, contact meetings, and site visits. Direct client contact is expected.

• Oversight and in-depth analysis of macroeconomic conditions, industry and sector trends and changes in lending practices

• Ownership of portfolio reporting and analytics: grade-migration, past-dues, exceptions, coming-due maturities, etc.

• Identify cross-sell opportunities

• Lead and/or support key initiatives to drive improvements in the delivery of credit solutions for clients and prospects

• Assist, along with the Relationship Management team, in the development of Banker Associates and Analysts, including in the areas of credit analysis, underwriting, reporting, and monitoring of customer credit and regulatory compliance.

The duties listed above are the essential functions. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.

Qualifications

• Bachelor's degree in Finance, Accounting, Commercial Banking or equivalent/relevant program

• 5+ years' experience in an underwriting role with a focus on TMT (Technology, Media, & Telecommunications) preferred but not required

• Specific experience underwriting any of software, hardware, tech-enabled services, digital media, diversified communications, fiber, tower, broadcast or advertising businesses is a plus

• Experience with EV or leveraged lending is also a plus

• Completion of a Formal Credit Training program or commensurate underwriting experience

• Exceptional writing, interpersonal and communication skills

• Extraordinary levels of motivation and initiative

• Effective team players who want to work in a fast-paced, collaborative environment and build working relationships across the organization

• Strong Microsoft Office skills including Outlook, Excel, and PowerPoint in order to produce reports, memos, and presentations

• Ability to live and work in Dallas

• Passion for financial services and delivering superior client experiences

The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.