What are the responsibilities and job description for the Loan Portfolio Manager position at First Utah Bank?
- Job Tracking ID: 512729-890716
- Job Location: Salt Lake City, UT
- Job Level: Mid Career (2 years)
- Job Type: Full-Time/Regular
- Date Updated: December 19, 2024
- Starting Date: ASAP
Position Summary
$20/hr - $30/hr DOE
$1,000 Signing Bonus Available
This position is responsible for management of our existing commercial loan portfolio. The individual assists in servicing business loan relationships and maintaining existing loan files to ensure that they are compliant with Bank policy. This employee will communicate with relationship managers, clients, and third parties, and will perform annual reviews and loan maintenance. This position may also take on supervisory and leadership functions as appropriate. This employee reports to the Credit Administration Manager.
Experience and Skills:
Responsibilities and Duties
- Complete annual loan reviews, prepare requests to amend or modify loan documentation, and recommend risk grade changes.
- Complete loan action plan and status reports and projection monitoring reports.
- Obtain updated financials, evidence of insurance, and other items as required per the loan documents.
- Manage tracking item system and monitor compliance with loan covenants.
- Conduct periodic site visits.
- Coordinate preparation for loan reviews and exams and promptly resolve audit exceptions.
- Provide ongoing support and training for other team members.
Experience
- 3-4 years experience and minimum of 1 year previous successful commercial portfolio experience
- College Graduate preferred or equivalent work experience accepted
Benefits
Company pays 75% of Medical and Dental premiums, Vision is offered, Company Pays for Basic Life and Disability, 401(k) with 5% employer match, Paid Holidays, Vacation, EAP, Financial Services Discounts, company events, advancement opportunities, etc.
Salary : $20 - $30