What are the responsibilities and job description for the Associate Portfolio Manager position at Univest Financial Corporation?
Overview:
Univest Financial Corporation (UVSP), has approximately $8.1 billion in assets and $5.2 billion in assets under management and supervision (as of December 31, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2024, Univest donated $2.1 million to our local nonprofits and our employees volunteered more than 16,000 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.
Organize relevant financial data. Spread and evaluate audited, reviewed, and company-prepared financials in addition to corporate and personal tax returns and personal financial statements. Responsible for preparing and/or presenting Deal Screen Memos for new relationship/credit opportunities
Gather and submit all relevant information and data to submit loan requests for underwriting and approval.
Underwrite larger and more complex commercial credit exposure within the Commercial Lending portfolio.
Monitor the risk profile of designated relationships through collection and examination of financial data and covenant testing.
Assist relationship manager in gathering all pre-closing requirements for commercial loan closings
Monitor and resolve delinquencies, collateral exceptions, and loan documentation exceptions.
Establish relationships across the organization to best serve clients needs and assist relationship managers
Establish operational relationship with designated clients to handle routine daily operation requirements and other client requests. Assist in loan closings and board presentations as appropriate or required by designated Relationship Managers.
Build a detailed COI networking and prospect calling plan by attending outside networking events to build sales/prospecting skill set
Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.
Perform other duties as assigned.
Qualifications:
2-3 years Credit Evaluator or equivalent experience.
Ability to manage risk within Portfolio, including loan grading and loan pricing.
Bachelor’s degree in Finance or equivalent experience in related area desired. Trained Financial Evaluator preferred.
Ability to handle most problems/exceptions in a self-reliant manner.
Knowledge of commercial lending practices, compliance issues, and underwriting skills.
Strong mutual, written, and oral communication skills.
PC experience, specifically in Excel, Word, and Outlook desired.
#Univest
An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.
Univest Financial Corporation (UVSP), has approximately $8.1 billion in assets and $5.2 billion in assets under management and supervision (as of December 31, 2024). Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. For nearly 150 years, Univest has stayed true to our philanthropic spirit and the strength of our Committed to Local giving program is one of the things that differentiates us. In 2024, Univest donated $2.1 million to our local nonprofits and our employees volunteered more than 16,000 hours.
At Univest we invest in the success of our employees and customers. We offer our employees the ability to be their authentic selves, while fostering a culture and an environment that inspires change and inclusivity. We seek career-focused individuals, looking to bring passion and creativity to drive change. Our employees are encouraged to work collaboratively and embrace innovation to deploy needs-based financial solutions in the communities we serve.
We're hiring an Associate Portfolio Manager to join our Commercial Banking Team in Doylestown.
Assist Middle Market Group and assigned relationship managers with client and portfolio management
Organize relevant financial data. Spread and evaluate audited, reviewed, and company-prepared financials in addition to corporate and personal tax returns and personal financial statements. Responsible for preparing and/or presenting Deal Screen Memos for new relationship/credit opportunities
Gather and submit all relevant information and data to submit loan requests for underwriting and approval.
Underwrite larger and more complex commercial credit exposure within the Commercial Lending portfolio.
Monitor the risk profile of designated relationships through collection and examination of financial data and covenant testing.
Assist relationship manager in gathering all pre-closing requirements for commercial loan closings
Monitor and resolve delinquencies, collateral exceptions, and loan documentation exceptions.
Establish relationships across the organization to best serve clients needs and assist relationship managers
Establish operational relationship with designated clients to handle routine daily operation requirements and other client requests. Assist in loan closings and board presentations as appropriate or required by designated Relationship Managers.
Build a detailed COI networking and prospect calling plan by attending outside networking events to build sales/prospecting skill set
Accountable for compliance with laws and regulations that apply to this position including the Univest Code of Conduct.
Perform other duties as assigned.
Customer-focused person with strong knowledge of credit, banking, financial examination, and internal credit processes.
2-3 years Credit Evaluator or equivalent experience.
Ability to manage risk within Portfolio, including loan grading and loan pricing.
Bachelor’s degree in Finance or equivalent experience in related area desired. Trained Financial Evaluator preferred.
Ability to handle most problems/exceptions in a self-reliant manner.
Knowledge of commercial lending practices, compliance issues, and underwriting skills.
Strong mutual, written, and oral communication skills.
PC experience, specifically in Excel, Word, and Outlook desired.
Wage Range:
The salary for this position ranges from $41,200 to $71,800
Benefits Overview:
Univest offer's a comprehensive benefits package that includes:
- Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date)
- Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment
- Paid Time Off (PTO): 15 days annually (prorated your first year)
- Short Term Disability: 10 days annually of sick time with a doctors note (prorated your first year)
- Holiday Time Off: 11 paid holidays
- We offer company paid life insurance: as well as other supplemental insurances
- Tuition reimbursement
- Employee Wellness programs: including fitness club discounts and fitness tracker discounts/ annual reimbursement
- Discounts: on loan products
- Professional development trainings
Click here for Benefit Information
#Univest
#LI-Hybrid
An Equal Opportunity Employer. Univest does not discriminate against any applicant for employment because of race, color, religion, religious creed, ancestry, national origin, age, sex, disability or protected veteran status.
Salary : $41,200 - $71,800
