Portfolio Manager

$90,000 - $110,000/Yr

CFG Bank - Baltimore, MD

Full-time - Mid Level

Hybrid - Baltimore, MD

Credit Intermediation and Related Activities

About the position

As a key member of our commercial banking team at CFG Bank, you will play a pivotal role in supporting relationship managers by facilitating the underwriting and monitoring of existing and proposed credits, including critical tasks such as line renewals, maturing loan assessments, and term loan reviews. Your responsibilities will extend to managing the status of existing loans, ensuring timely actions are taken on maturing or past due loans, and providing valuable assistance during loan closings. Additionally, you'll have the opportunity to contribute to special projects under the guidance of department managers, fostering both professional growth and operational excellence within our dynamic banking environment.

Responsibilities

• Prepare Loan Summary/Top Sheet, liaising with various stakeholders including Relationship Managers, Department Manager, and Credit Department for new loan requests and renewals, ensuring accuracy and timeliness.
• Manage maturing loans, preparing extension requests promptly and conducting credit analyses accurately to facilitate timely decision-making.
• Coordinate annual term loan reviews, collaborating closely with the Credit Department to ensure timely and precise assessments.
• Participate in the loan approval process as required, contributing insights and expertise to enhance decision quality.
• Maintain updated loan files with relevant financial information and memos, facilitating comprehensive and satisfactory loan reviews.
• Prepare responses to internal audits and loan reviews, ensuring compliance with regulatory standards and internal policies.
• Assist in managing Criticized Asset Reports promptly and accurately, supporting effective risk management practices.
• Ensure proper risk rating of loans and complete necessary documentation for risk rating adjustments.
• Coordinate covenant compliance matters, securing approvals for waivers or issuing covenant default letters as needed.
• Conduct thorough reviews of third-party reports such as appraisals, environmental assessments, and property condition reports.
• Support Loan Administrator in managing past due loans and collection of tickler items.
• Accompany bank staff on sales calls when appropriate, fostering client relationships and promoting business development initiatives.
• Contribute to ongoing staff training efforts, sharing expertise and insights to enhance team capabilities and performance.

Requirements

• Bachelor's degree in Accounting, Finance, or Economics preferred; advanced degree advantageous.
• Five or more years of credit analysis and/or commercial lending experience in banking or equivalent business-related experience.
• Proficiency in basic software applications such as Microsoft Word and Excel.
• Strong oral and written communication skills essential.
• Demonstrated customer service skills.
• Proactive mindset with the ability to work independently and collaboratively within a team environment.

Benefits

• Employer-provided health benefits: medical insurance, dental & vision insurance, disability insurance, life insurance, mental health support services, wellness program & free health club membership (for Baltimore-based employees)
• Paid time off: vacation days, sick leave, volunteer days
• Retirement plan: 401(k) with employer match
• Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions