Loan Portfolio Manager

Marine Bank & Trust - Vero Beach, FL

Full-time

Vero Beach, FL

Credit Intermediation and Related Activities

About the position

The Loan Portfolio Manager plays a crucial role in supporting the Commercial Banking Group by managing a diverse range of responsibilities associated with the servicing of existing loans. This position requires interaction with Commercial Loan Officers, Residential Loan Officers, and various internal departments, as well as third-party providers, to ensure that all tasks are completed accurately, timely, and professionally. The Loan Portfolio Manager is responsible for providing prompt and professional service to both internal and external customers, ensuring that the loan portfolio is managed effectively and in compliance with all relevant regulations. Key responsibilities include overseeing the existing commercial, residential, and consumer loan portfolio. The Loan Portfolio Manager prepares new loan requests, processes renewals, conducts annual reviews, and manages modifications. A critical aspect of this role involves performing financial statement analysis to determine the acceptable quality of collateral and loan-to-value ratios. The manager coordinates all activities required to complete a credit package with the assigned Commercial Loan Officers, ensuring that all necessary financial information is obtained from Loan Officers, Customers, or CPAs to complete the credit package. In addition to preparing effective packages for credit approval circulation and presenting them to the required level of credit authority, the Loan Portfolio Manager monitors various loan portfolio reports, such as Maturing Loans, Past-Due Loans, and Annual Reviews. The role also involves assisting lenders with requisite action plans proactively, ensuring that current financial information is accurately analyzed and filed. The manager must maintain accurate and complete credit files, ensuring that credits are risk-rated and monitored appropriately. Compliance is a significant aspect of this position, as the Loan Portfolio Manager must adhere to all requirements of Regulation B Adverse Action Procedures and manage covenants, borrowing bases, and accounts receivable aging for various accounts. The manager assists in preparing weekly, monthly, or quarterly reports and advises lenders on issues related to credit policy, procedures, or forms. Conducting annual site visits, attending loan closings, and evaluating existing relationships and new credit requests are also part of the responsibilities. Continuous professional development is encouraged, and the manager is expected to maintain knowledge of current trends, laws, and issues affecting the area of expertise while participating in community events to uphold the company’s philosophy and image.

Responsibilities

• Oversee the existing commercial, residential, and consumer loan portfolio.
• Prepare new loan requests, process renewals, conduct annual reviews, and manage modifications.
• Perform financial statement analysis to determine acceptable quality of collateral and loan-to-value ratios.
• Coordinate activities required to complete a credit package with assigned Commercial Loan Officers.
• Interact with Loan Officers, Customers, or CPAs to obtain necessary financial information for the credit package.
• Prepare effective packages for credit approval circulation and present them to the required level of credit authority.
• Obtain and monitor various loan portfolio reports such as Maturing Loans, Past-Due Loans, and Annual Reviews.
• Assist lenders with requisite action plans proactively.
• Ensure current financial information is accurately analyzed and filed.
• Maintain accurate and complete credit files and ensure proper risk-rating of credits.
• Adhere to all requirements of Regulation B Adverse Action Procedures - Florida Division.
• Manage and track covenants, borrowing bases, and accounts receivable aging for accounts.
• Assist in the preparation of weekly, monthly, or quarterly reports.
• Advise lenders on issues related to credit policy, procedures, or forms.
• Conduct annual site visits and attend loan closings as required.
• Evaluate and review existing relationships and new credit requests to make recommendations to the Credit Team.
• Maintain knowledge of current trends, laws, and issues affecting the area of expertise.
• Participate in community events to uphold the company’s philosophy and image.

Requirements

• Bachelor's degree in business or related field.
• Minimum of two years' experience in commercial lending and/or related capacity.
• Knowledge of credit underwriting, accounting, and loan documentation.
• Advanced level of interpersonal and social skills to interact with loan officers, administrative staff, and customers.
• Advanced mathematical, credit, and administrative skills.
• Proficient computer skills using Microsoft Word, Excel, and Outlook.
• Ability to write reports and business correspondence.
• Ability to effectively present information and respond to questions.
• Ability to prioritize tasks and manage competing priorities to meet deadlines.
• Accurate, detail-oriented, and organized with task management skills.
• Ability to resolve difficult and complex problems.
• Strong written, verbal, and interpersonal communication skills.
• Ability to influence others regarding policies, practices, and procedures.
• Strong knowledge of regulatory compliance.