JOB TITLE:Portfolio Manager

Entity (SFG, SCB):SCB

Job Classification:Full Time, Exempt

Department:Lending

Reports to:VP. Director of Portfolio Management

Education requirements:

• Bachelor’s Degree in Business, Accounting, Finance or related field or equivalent experience

Experience or Skill requirements:

• Minimum of 3 years of experience working in a Business or Commercial Banking environment with emphasis on credit and commercial real estate preferred.
• Prior experience with loan processing or underwriting required.
• Ability to analyze financial statements, property operating statements, corporate and personal tax returns.”
• Understanding of commercial real estate loan structuring processes and regulations associated with commercial real estate lending
• Strong understanding of commercial real estate loan documentation preferred.
• Strong understanding of commercial banking ownership structures preferred.
• Knowledge of Commercial Banking services
• Excellent verbal and written communication skills;
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint)
• Excellent interpersonal, customer relations and sales skills;
• Ability to demonstrate being a self-starter, well-organized, detail-oriented
• Strong team and personal work ethic.
• Ability to work well independently, exercise independent, professional judgment, and operate in a fast-paced environment
• Strong negotiation skills.
• Solid understanding of commercial real estate appraisal theory and techniques.

Duties:

• Contribute to the Team’s overall meeting and/or exceeding the assigned volume/production goals while balancing credit risk
• Responsible for managing full cycle of loan requests process.
• Responsible for completion of annual renewals, the collection of all required financial reporting and covenant tracking within the portfolio.
• Provide financial and market analysis.
• Identify, evaluate and recommend changes and improvements to lending policies and procedures.
• Requests all required third party appraisals required and obtain due diligence reports or assignments from other banks, as needed, while ensuring that all comply with bank policy and regulations.
• Identify and evaluate areas of concerns pertaining to a loan and engage in problem-solving with Lender or Relationship Manager
• Manage the coordination of information between client and internal departments for the loan approval, closing and booking process.
• Close loans in accordance with approval and schedule and perhaps handle closing with client.
• Monitor loan documentation exception reports and follow-up to clear up document exceptions in a timely manner.
• Collaborate with Relationship Manager to manage maturing loans.
• Troubleshoot, report and manage activity on delinquent accounts at the various intervals
• Generate and provide requested reports as necessary on Team’s loan portfolio
• Participate in team sales call and attend external events and activities in a business development role as requested.
• Other duties as assigned.

Relationships:

The Portfolio Manager will report to the VP, Director of Portfolio Management , and will work with the Regional Presidents, Commercial Market Executives, and lenders.

Summit provides equal employment opportunities in all aspects of employment. All employment decisions are made without regard to race, color, religion, age, sex (including pregnancy, sexual orientation, or gender identity), national origin, disability status, genetics, protected veteran status, or any other characteristic protected by federal, state, or local laws.

Salary Information: Hourly rate varies, based on experience.