Portfolio Manager

TITLE: Portfolio Manager

REPORTS TO: EVP, Senior Loan Officer

DEPARTMENT: Credit

FSLA: Exempt

JOB SUMMARY:

Responsible for the proactive management of an assigned commercial lending portfolio consisting of both Commercial Real Estate (CRE) and Commercial and Industrial (C&I) Banking account relationships. Working closely with Loan Officers, the Portfolio Manager will be responsible for the ongoing evaluation of credit risk, including analysis of borrower and guarantor financial performance/financial condition, repayment capacity, compliance with loan covenants and adequacy of the Bank’s collateral.

EXAMPLES OF KEY DUTIES: (Duties are illustrative and not inclusive and may vary with individual assignment.)

Actively manage/monitor commercial loan relationships through the collection and analysis of financial data and other pertinent information to assess the ongoing financial condition of the Borrower.

Ø Proactively manage assigned portfolio to ensure adherence to Bank credit policy, including completing various required actions, such as processing annual reviews, extensions, renewals, waiver requests and risk rating change memos

Ø Request, track and collect required financial information from customers

Ø Analyze all aspects of various credit risk transactions (including commercial loan facilities, including working capital lines, term loans, commercial real estate mortgages and commercial construction loans)

Ø Document analysis, findings and recommendations in appropriate credit approval documents and/or credit file memos

Ø Develop, recommend and deliver appropriate transaction, documentation and loan structures when modifications or renewals are required

Ø Orally present and justify annual reviews, renewals, modifications and waivers to both Senior Management and, when applicable, the Bank’s Director’s Loan Committee

Ø Proactively assess customer needs by fully understanding their goals, objectives and status of the customer’s business. Identify opportunities to expand existing commercial bank relationships and refer new requests to loan officers, when appropriate

Ø Comply with all Bank policies, procedures, audit requirements, and federal regulations

Ø Performs other various duties as assigned, including special projects or ad hoc reports, as necessary

QUALIFICATIONS:

Education:

Bachelor’s Degree required

Required Experience and Skills:

• Minimum of five (5) to seven (7) years commercial lending experience, with an emphasis on commercial and industrial lending and/or commercial real estate lending
• Outstanding verbal and written communication skills
• Ability to multi-task in a fast-paced environment
• Strong organizational skills
• Solid understanding of financial statements and accounting principles, credit analysis (including valuation techniques and cash flow analysis), loan structuring, underwriting and documentation
• Experience with multi-family, commercial real estate, C&I, and SBA loans ranging from $100,000 to $10,000,000
• Excellent relationship management skills
• Ability to work with internal/external clients
• Strong collaboration skills to effectively work with groups or individuals across the organization to effectively manage commercial relationships
• Proven experience in managing a portfolio of active commercial accounts
• Self-starter with clear results orientation and a capacity to operate independently, appropriately balancing short, medium and long term objectives
• Flexibility to coordinate and manage multiple relationships and processes at the same time ensuring delivery against deadlines, customer expectations and business priorities
• Completion of formal bank credit training program preferred

PHYSICAL DEMAND AND EQUIPMENT USED:

This is a work from office position

Must be able to sit, walk or stand for extended periods

Must be able to travel to branch locations

Must be able to travel for business related matters

General Office environment

General Office equipment

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday
• No nights

Application Question(s):

• What are your salary expectations? This question is NOT optional.

Experience:

• Commercial Lending: 5 years (Required)

Work Location: In person