What are the responsibilities and job description for the Commercial Portfolio Manager position at COASTAL STATES BANK?
Job Details
Description
Position Summary:
At Coastal States Bank (CSB), we are Local. And Proud Of It. We are committed to the relationships we build, have a proven track record of success and share a passion for serving our clients and communities.
We are looking for an experienced full-time Commercial Portfolio Manager. This position works Mondays through Fridays in a professional setting at our headquarters in Atlanta, GA. This is not a remote or hybrid position. Out of town applications will not be considered. Salary is commensurate with experience.
The Portfolio Manager must be an analytical, organized, team-focused individual with good verbal and written communication skills. This individual will be responsible for completing an in-depth analysis of commercial loan requests, as well as making recommendations based on such analysis. Portfolio Managers work in a team environment as a key player within the relationship banking team.
Benefits include:
401(k) matching
Dental insurance
Dependent care reimbursement
Disability insurance
Flexible spending account
Health savings account
Life insurance
Medical insurance
Paid holidays
Paid time off
Paid parental leave
Prescription drug insurance
Vision insurance
Wellness program
Essential Functions:
- Analyzes financial information to evaluate the credit worthiness of new loan requests, renewal loan requests and on-going Portfolio Management activities through thorough and accurate analyses within the parameters of the Bank’s policies and procedures.
- Produces financial spreads for early analysis, including prescreens.
- Works to assist with Loan Renewals and Extensions.
- Assists with Loan Change Memos.
- Regularly reviews Financial Statements. Identifies potential issues and take action to prevent losses through Covenant Tracking.
- Administers clearing Loan Exceptions and any post-closing matters.
- Assist with preparing prescreen memos, to include CRE UW model and Loan Pricing.
- Periodically accompanies Banker on calls with existing and/or prospective Customers as requested.
- Assist with the Construction Draw process (i.e. in Built) to monitor draw schedules and budget tracking in the bank’s construction management software based on the requirements of the loan approval, loan documents and construction contract.
- Input documents in nCino when backlogs occur with the Banking Assistants.
- Complete all mandatory training sessions as required by management.
- Comply with bank procedures and follow regulatory, operational and security guidelines.
- Contribute to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor.
Critical Success Factors:
- Self-Motivated
- Responsiveness
- Facilitates teamwork
- High Attention to detail and organizational skills
- Strong ethics
- Robust analytical and problem-solving skills
- Excellent analytical, written and oral communication skills.
Qualifications
Preferred Education/Experience/Software:
A Bachelor’s Degree in Finance, Accounting, Economics or Business to include advanced knowledge of book and tax accounting. Substantial understanding of the job and applies 2-5 years minimum experience in a similar position. Proficient in CRE and C&I lending. Knowledge and skills to complete a wide range of tasks; prepare financial spreads and utilize them in financial analysis reporting; and has the ability to use, understand and apply credit policy and bank regulations to responsibilities. Exercise good judgment and discretion in the handling of confidential information and making recommendations to Directors and Bank Management.
Completes diverse deadline driven tasks. Works with highly sensitive and confidential information. Excellent written and verbal skills necessary to interact and communicate with various levels of internal and external clients. Solid time management and organizational skills with the ability to manage and prioritize multiple tasks to meet deadlines. Works under general supervision and usually on own initiative. Perform tasks independently and also work as a contributing team member. May act as a resource to other internal staff. Knowledgeable in a wide range of Microsoft Office software applications. Proficient with Fiserv, nCino and other bank programs.
Training:
Responsible for the timely completion of all required compliance training such has BSA, Information Security, and other job specific training as assigned.
Additional Requirements:
The responsibility to acquire and maintain the required knowledge of State and Federal Banking regulations and policies.
Work Environment/Physical Demands:
Professional office environment. While performing the duties of this position, the team member is regularly required to operate standard office equipment. The team member is frequently required to communicate and perceive. The position is primarily stationary and not substantially exposed to adverse environmental conditions and requires sedentary work such as exerting up to 10 pounds of force 5% of the time and a negligible amount of force approximately 95% of the time.
