Portfolio Manager

Job Status: Exempt, Full Time

JOB DESCRIPTION

Objective/Summary:

The Portfolio Manager will work directly with Lenders, Credit Analyst, Loan Operations, and others to analyze new commercial credit opportunities, underwrite new or renewed credit exposure, and manage a portfolio of loans and other credit and depository relationships.

Essential Functions:

• Regularly attend client and prospect meetings and gather information necessary for underwriting credit opportunities.
• Prepare preliminary assessment of credit opportunities.
• Manage assigned portfolio of credits for which you will have primary portfolio management, monitoring and oversight responsibilities.
• Coordinate credit underwriting process and preparation of credit approval packages.
• Presents credit approval packages in conjunction with Lenders (Relationship Manager) at appropriate loan committees when necessary.
• Assist in negotiating loan agreements and drafting term sheets, commitment letters, and closing instructions to counsel, as requested by Relationship Managers.
• Manage past dues, renewals, and exceptions.
• Conduct site inspections, and review and approve construction draws when appropriate.
• Coordinate closing with Title Company, Counsel, and Borrower.
• Maintains an active role in the community by participation in community organizations/projects to improve the Bank’s visibility in the area.
• Understands and applies general banking guidelines and accounting and bookkeeping principles.
• Interacts in a professional, courteous manner with customers, co-workers, vendors, etc…
• Maintains strict confidentiality guidelines in accordance with Company policy.
• Demonstrates knowledge and expertise of general bank accounting procedures and support the Company’s overall mission, standards, policies and procedures, and confidentiality guidelines.
• Maintain personal grooming and company dress and appearance standards.
• Maintain company attendance standards.
• Other tasks as assigned.

EDUCATION, EXPERIENCE AND REQUIREMENTS:

• Bachelor’s Degree in Accounting, Finance or Business Administration or equivalent combination of education and work experience.
• Minimum of Three years of credit analysis, portfolio management, or lending experience. Formal credit training is preferred but not required.
• Experience underwriting commercial real estate loans.
• Understanding of loan structuring needs and loan documentation requirements.
• A valid driver’s license.
• Satisfactory credit and criminal background check.

SKILLS AND PHYSICAL DEMANDS:

• Skills:
  • Hard Skills: Proficient in basic computer operations. Proficient in Microsoft Office Word and Excel. Able to type efficiently.
  • Soft Skills: Good verbal and written communication skills, attention to detail , organization skills, can-do attitude, problem solving skills, decision-making skills sense of urgency, and strong work ethic.
• Typical Physical Demands:
  • Regularly required to talk and hear.
  • Requires sitting for an extending period with some walking, with some bending, kneeling, stooping, crouching, crawling, and climbing.
  • Occasional light lifting not over 25lbs.
  • Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Nothing in this position description restricts management’s right to assign or reassign duties and

responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not a contract and should not be construed as a guarantee of employment for any specific period of time.

Affirmative Action/EEO Policy Statement

InterBank is committed to maintaining an environment of equal opportunity. Accordingly, it is InterBank’s policy to provide equal opportunity for employment, advancement, and benefits to all qualified applicants and employees without regard to age, race, religion, sex, color, national origin, disability, citizenship status, uniform service membership/veteran status, or any other protected status as established by law.

Our commitment is to achieve and maintain excellence through full and equal opportunity, which is fundamental to the existence of InterBank. It is therefore the policy of InterBank not only to avoid direct discrimination but to go further. The company will act affirmatively to identify and eliminate barriers that may exclude or impede members of certain groups in their pursuit of excellence. Such affirmative action will address the treatment of persons who are already members of the company, as well as applicants for admission or employment.