Portfolio Manager Team Lead

Burke & Herbert Bank - Alexandria, VA

Full-time - Mid Level

Alexandria, VA

Credit Intermediation and Related Activities

About the position

The Portfolio Manager Team Lead is responsible for overseeing a Portfolio Management Team to meet and exceed assigned volume and production goals while managing credit risk. This role involves direct management of the loan request process, ensuring timely completion of tasks, and maintaining compliance with financial reporting and covenant tracking. The position requires collaboration with various stakeholders, including Regional Presidents and Commercial Market Executives, to ensure effective loan management and business development.

Responsibilities

• Oversee a Portfolio Management Team to meet and exceed assigned volume/production goals while balancing credit risk.
• Directly manage the full cycle of loan requests process and ensure tasks are completed on schedule for the Team.
• Ensure timely and accurate annual renewals and collection of required financial reporting and covenant tracking within the portfolio.
• Identify, evaluate, and recommend changes to lending policies and procedures.
• Oversee requests for third-party appraisals and obtain due diligence reports as needed, ensuring compliance with bank policy and regulations.
• Review areas of concern pertaining to loans and evaluate solutions for discussion with lenders or Commercial Banking Executives.
• Coordinate information between clients and internal departments for loan approval, closing, and booking processes.
• Ensure loans are closed in accordance with approval and schedule, potentially handling closings with clients.
• Monitor ongoing compliance with financial covenants and reporting requirements.
• Prepare and coordinate Watch List Reports and participate in Watch List review meetings.
• Directly manage a small portfolio of complex/important transactions.
• Collaborate with Commercial Banking Executives to manage maturing loans.
• Identify and manage activity on delinquent accounts for the Team.
• Generate and provide reports on the Team's loan portfolio as necessary.
• Participate in team sales calls and attend external events for business development.

Requirements

• Bachelor's Degree in Business, Accounting, Finance or related field or equivalent experience.
• Minimum of 5 years of experience in a Business or Commercial Banking environment with emphasis on credit and commercial real estate preferred.
• Prior management experience preferred.
• Prior experience with loan processing or underwriting required.
• Ability to analyze financial statements, property operating statements, corporate and personal tax returns.
• Strong understanding of Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loan structuring processes and regulations.
• Excellent verbal and written communication skills.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint).
• Strong negotiation skills.

Nice-to-haves

• Strong understanding of CRE and C&I loan documentation preferred.
• Knowledge of Commercial Banking services.
• Excellent interpersonal, customer relations, and sales skills.
• Ability to demonstrate being a self-starter, well-organized, and detail-oriented.
• Strong team and personal work ethic.