About the position
Seeking a Commercial Portfolio Manager who will have a focus on supporting credit portfolios, as well as deposit relationships. The Commercial Portfolio Manager should have strong financial analysis, communication and business acumen skills in order to assist commercial lending officers with loan structures, pre-underwriting analysis, pricing models and credit authorizations. The Commercial Portfolio Manager will complete loan spreads and credit underwriting, as needed. This position is involved in the entire loan and customer relationship process including monitoring reports, completing credit authorizations, coordinating and review of financial documentation and occasionally presenting the credits to loan committee. Our Commercial Portfolio Manager will assist Commercial Lending Officers to ensure that their credit portfolio has required updated financials and is meeting compliance guidelines. In addition, they will be responsible for ongoing credit risk management of their assigned credit portfolios. Strong communication skills are needed to partner with the Commercial Lending Officers in speaking with clients and prospects regarding their credit needs and understanding of financials. The Commercial Portfolio Manager will need to be familiar with credit policy and works closely with the credit team, loan assistant team and loan operations team to mitigate risk while working with customers and ensuring that the bank is responding and completing requests in a timely manner.
Responsibilities
- Manages an assigned portfolio of credits generally greater than $1 million, anticipating new opportunities, upcoming maturities, annual term loan reviews, and potential problems.
- Assist in the collection of customer monitoring requirements such as borrowing bases, financial packaging collection, and others as required per loan covenants.
- Work with loan officers in monitoring performance of individual credit relationships to identify risk and minimize potential losses.
- Prepares problem loan reports for problem credits.
- Recommends approval and/or changes in new or existing credit facilities.
- Work with loan officers to manage large construction loan draw process and completion of semi-annual construction loan reviews.
- Supports Relationship Managers in related portfolio management activities, whether related to credit, depository, or other banking services.
- May Assist Relationship Managers with business development call preparation.
- Responsible for the ongoing management of the portfolio, including developing a relationship with each client relationship.
- Assist commercial lending officers with the collection, preparation, pre-underwriting analysis and submission of authorizations.
- Actively participates in Bank related and community volunteer events as well as business development related activities.
- Spreads and/or analyzes financial statements and tax returns of potential and existing customers using appropriate tools and credit criteria.
- Assist credit analysts in the ordering and review of real estate appraisals.
- Assist commercial lending officers in the collection and review of regulatory compliance items.
- Remain educated about industry trends, community developments, market conditions and regulatory requirements.
- Perform job functions in compliance with all company policies, federal and state rules and regulations.
Requirements
- College Degree or equivalent combination of education and experience.
- Two to five years of similar or related experience, including time spent in preparatory positions.
- One to three years of commercial credit analysis experience preferred.
- One to three years of commercial loan assistant experience preferred.
- Extensive knowledge of commercial credit policy, regulations and credit quality standards.
- Strong analytical skills.
- Development of an expert knowledge of nCino.
- Proficient knowledge of Microsoft Office, Word and Excel.
- Completion of AIA appraisal class - Basic Appraisal Procedures.
- Ability to interpret a variety of technical instructions and can deal with multiple variables.
- Communicate effectively both verbally and in writing with others in a clear, thorough and timely manner.
- Demonstrate a high level of organization, ability to prioritize and multi-task with attention to detail and accuracy.
- Exhibit a professional manner in dealing with others.
- Maintain strict confidentiality regarding any information obtained during the course of performing job duties.
Benefits
- Medical, dental, vision, and life insurance.
- Health savings account option.
- Employee Assistance Program (EAP).
- Health rewards program.
- 401(k) retirement savings plan.
- Discounts on banking products and services.
- Paid Time Off (PTO) and holidays.
