Portfolio Manager

$60,000 - $85,000/Yr

First Peoples Bank - Pine Mountain, GA

Full-time

Remote - Pine Mountain, GA

Credit Intermediation and Related Activities

About the position

FIRST PEOPLES BANK is seeking a Portfolio Manager for the Lending Department, reporting directly to the Chief Lending Officer and Credit Manager. The Portfolio Manager will play a crucial role in assisting Market Presidents and Relationship Managers (commercial loan officers - CLOs) with various tasks related to the loan portfolio. This includes gathering and analyzing financial data, preparing status reports, managing past due and matured loans, and ensuring compliance with all applicable regulations during the loan closing process. The Portfolio Manager will be responsible for ensuring that loans are closed as approved, with complete documentation, and in compliance with all applicable regulations. In this role, the Portfolio Manager will assist CLOs with new loan requests by gathering necessary financial information and ensuring it is uploaded to the document imaging system. They will also manage maturing loans by addressing upcoming maturities at least 30 days in advance to limit extensions and maintain the originally approved loan structure. The Portfolio Manager will work closely with Loan Assistants to ensure that all necessary documents are prepared accurately for closing and will follow up on documentation exceptions to ensure timely receipt of collateral documents. Additionally, the Portfolio Manager will manage the CLO's loan portfolio to ensure there are no past due matured loans or payments over 30 days. This involves working with CLOs to collect past due payments and reviewing past due reports for accuracy. The Portfolio Manager will assist CLO clients with loan payment research and maintenance, attend Loan Committee meetings to report on renewals in process, and ensure that auto debit setups are completed as part of the loan closing process. They will also handle special projects related to the loan portfolio and assist lenders with construction portfolio management, including processing builder construction draw requests and managing inspections. The ideal candidate will have a strong background in commercial account relationship management or commercial credit underwriting, with a minimum of 2-3 years of relevant experience. A bachelor's degree in business, finance, or a related field is required, along with familiarity with loan structuring and underwriting programs. The candidate should possess excellent analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment. Strong interpersonal skills, including courtesy, tact, and diplomacy, are essential for this role, as the Portfolio Manager will interact with various stakeholders both inside and outside the organization.

Responsibilities

• Assist CLOs with new loan requests by gathering and ensuring financials are uploaded to the document imaging system.
• Spread financials and/or complete a Global Cash Flow worksheet and prepare initial credit memo.
• Manage maturing loans for CLOs by addressing upcoming maturities at least 30 days prior to limit maturity extensions.
• Work with Loan Assistants to ensure appropriate and accurate documents are prepared for closing.
• Follow up routinely for documentation exceptions to ensure timely receipt of collateral documents.
• Manage CLO's loan portfolio to ensure zero past due matured loans or payments over 30 days.
• Review and work with CLOs on past due reports, researching loan accuracy and requesting loan maintenance as needed.
• Assist CLO clients with loan payment research and maintenance, resolving questions regarding loan history.
• Attend Loan Committee meetings and report on any renewals in process.
• Assist clients with ensuring auto debit setup is completed as part of pre or post-closing.
• Request credit reports through Loan Assistants.
• Handle special projects related to the loan portfolio.
• Assist all lenders with construction portfolio management, including processing builder construction draw requests and maintaining construction budgets.

Requirements

• 2-3 years of commercial account relationship or commercial credit underwriting and risk management experience.
• A bachelor's degree in business, finance, or other related discipline or commensurate experience is required.
• Familiarity with loan structuring underwriting programs.
• Knowledge of consumer, commercial, and real estate loans, regulations, procedures, and documentation preparation.
• Experience with Microsoft Outlook, Word, Excel, and CRM applications.
• Detail-oriented, reliable, and analytical with the ability to multi-task and meet deadlines.
• Ability to work in a fast-paced environment and resolve loan portfolio challenges in a timely manner.
• Must be capable of regular, reliable, and timely attendance.
• Ability to perform job functions independently and with limited supervision.
• Effective team player with strong communication skills.

Nice-to-haves

• Experience with construction loan management.
• Knowledge of financial calculations and analysis.