Portfolio Manager

Description

About CFBank:

We are a fast-growing, high-achieving organization that thrives on winning. We are proud to be ranked nationally in the top 10 Banks within our asset size peer group based on financial performance. If you are seeking a place where you can have enhanced visibility, add more value, and you thrive in a dynamic and growth-focused environment, you belong at CFBank. We are agile, we work with integrity, and we hustle. For over 130 years we’ve been serving our communities and over the past decade have become a top performer, successfully growing our business and attracting some of the best talent out there. We are a commercial bank that offers a boutique banking experience for personal banking clients. Our unique business model offers direct access to decision-makers, great technology, great products, and competitive pricing that position our teams to go into the market and win business.

About the role:

This position is an Officer-level position responsible for Portfolio Management, which includes monitoring the existing commercial loan portfolios, managing risk, involvement in managed assets (accounts showing signs of deterioration), and providing support to credit and underwriting as appropriate. This position reports to the Senior Commercial Risk Manager.

What you’ll do:

• Support commercial lending and portfolio management activities, through prior commercial lending and credit expertise.
• Assist with the collection and tracking of client information to facilitate ongoing portfolio management including financial statements, tax returns, borrowing base and covenant calculations, annual reviews, renewals, and risk ratings.
• Manage an assigned portfolio of loans, working directly with clients, relationship managers, and other necessary internal and external parties.
• Analyze credit and loan documents and files independently in support of the review of accounts both assigned to your portfolio, and in assistance to the relationship managers.
• Develop and negotiate the strategies needed to enhance the creditworthiness of accounts, including modifications, restructurings, and workouts, in order to retain clients and minimize losses to the bank.
• Physically inspect properties pre- and post-foreclosure as requested.
• Interact with clients and external contacts including accountants, attorneys, appraisers, consultants, and title agencies as needed, acting as a liaison for CFBank to facilitate the lending, credit, and risk management processes.
• Assist Relationship Managers with underwriting, analysis, and Pre-Read Memos and Credit Approval Memos for proposed renewals and modifications of loans to existing clients and extension of new loans to existing and new clients.
• Maintain knowledge of the regulatory and compliance landscape, the banks policies and procedures, and understanding the unique needs of our organization such as product mix, asset class concentrations, loan structure, credit quality, and other considerations.
• Other projects in support of the banks Credit/Risk group, including assisting with 3rd party exam preparation, generation of reports for the group, and senior management.
• Prepare and present regular reporting to Management as requested.

Desired Qualifications:

• At least 5 years of a combination of commercial underwriting, portfolio management and workout experience, preferably in middle market and real estate, within a Commercial or Regional Bank setting.
• Formal Commercial Credit training preferred.
• Must be a demonstrated team player with the ability to collaboratively work with a wide range of individuals throughout the many departments within the bank.

What We Offer:  

• Competitive compensation package including annual bonus opportunity that includes both cash and stock ownership
• Excellent Benefits Package: Top benefits include dependent coverage, generous PTO, Federal Holidays, and Paid Parental Leave for those who qualify for eligibility.
• Professional development opportunities including educational/training opportunities
• “Accelerated” 401k Plan and Employee Match of 50% of the first 8% deferred, available your first full month of employment with a 3-year vesting
• Employee Banking Promos and Direct Deposit of payroll to CFBank Account (over 90% of our employees bank with us!)
• Employee Assistance Program with a wide range of free resources such as estate planning and mental wellness resources
• One of the most collaborative environments you’ll find, with a team of hard-working mutually invested professionals who are excited about shared success

Qualifications