Portfolio Manager 3 - Commercial

$121,870 - $143,377/Yr

Disability Solutions - San Diego, CA

Full-time - Mid Level

San Diego, CA

Administrative and Support Services

About the position

The Portfolio Manager will work within the newly established Portfolio Risk Management (PRM) Team to manage PRM Credits within the newly established PRM Program. The PRM Program is a uniform and efficient loan portfolio management and monitoring process for specific loans the Bank has deemed to have a lower risk profile. The Portfolio Manager will be assigned a portfolio of PRM Credits and will be responsible for protecting the Bank's asset quality through quick and effective portfolio management by identifying, escalating, and addressing credit issues promptly, satisfactorily, and pursuant to the Bank's lending policies and procedures. In addition to portfolio monitoring, the Portfolio Manager will be responsible for analyzing, structuring, underwriting, and coordinating the closing of C&I and CRE loans pursuant to the Bank's lending policies and procedures.

Responsibilities

• Monitoring and addressing Portfolio Risk Advisor alerts (deteriorating credit scores, bankruptcies, past due payments, etc.) in Baker Hill NextGen
• Collecting financial statements
• Processing and reviewing financial spreads and covenant tests
• Identifying, escalating, and addressing defaults or other credit issues
• Monitoring a loan's risk grade and changing when needed
• Communicating with Borrowers and Guarantors
• Preparing credit memos ('Loan Presentations' or 'Administrative Action Memos') to originate, renew, or modify commercial credit
• Delivering exceptional customer service

Requirements

• Bachelor's Degree from a 4-year college or university degree, preferably in Finance or Accounting
• Minimum of 8 years Commercial underwriting experience at a financial institution, or an equivalent combination of education and experience
• Exceptional credit knowledge and underwriting skills
• Advanced experience, knowledge and training in financial statement and tax return analysis
• Strong portfolio management skills allowing for timely identification of credit concerns
• Outstanding presentation, verbal, and written communication skills
• Ability to work well with others in a collaborative team environment
• Excellent ability to juggle multiple credit requests at once
• Self-starter, entrepreneurial attitude, and an upbeat positive outlook

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Time off
• Great 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program