Commercial Loan Portfolio Manager

About the Opportunity

Please note: this is an on-site role.

Primary Purpose

The Portfolio Manager is responsible for the maintenance, monitoring and credit risk management of assigned commercial loan portfolios. Active credit monitoring and management includes the request of financial information, preparation of analysis and the presentation of approvals for loan renewals, reviews, and new requests among other financial risk management information. The position reports the identification of and areas of heightened risk and concern, proper loan risk grading with recommendations to credit administration. The Portfolio Manager position contributes and provides input on loan structure and decisions with an evaluation of credit risk and other key factors that supports the commercial credit department with sound recommendations that add value to the bank’s risk mitigation objectives.

$80,000.00 - $100,000.00 annually

SCHEDULE: Full-time; Monday – Saturday, varying; 37.5-hour work week

Experience & Education

Bachelor’s degree in business administration, finance, accounting, economics, or equivalent work experience.Minimum of five years of commercial lending experience or related.

Responsibilities

• Maintain and manage assigned commercial loan portfolio(s) with respect to the preparation of loan documentation inclusive of renewals, reviews, and new loan requests from within the assigned portfolio.
• Accurately maintain tracking system with respect to updated financial information, reviews, and loan covenant testing.
• Perform detailed financial analysis and summary of business entities and interpret financial information based upon supplied financial statements, tax returns and company prepared documents.
• Actively manage portfolio to maintain credit quality standards and identify areas of concern.
• Inform appropriate loan officer, credit manager, and credit officer of potential risks associated with loan reviews and follow up to ensure compliance.
• Maintain and update watch list credits in the portfolio(s).
• Assist lenders with customer contact, loan requests within the portfolio and required site visits.

Job Requirements

• Strong analytical skills: ability to review and understand individual and company financial statements, tax returns, cash flow, industry and competitive analysis and projections.
• Strong background in CRE, C&I and small business underwriting and lending. Working knowledge of all commercial products and services. Experience with banking software/applications.
• A strong competency to problem solve accurately and efficiently, organize time and resources, and set priorities to accomplish multiple duties.
• Excellent communication skills – verbal, written, listening.
• Great interpersonal skills; commitment to exceptional service and client relationship development for internal and external clients.

Total Rewards

Benefits: medical, dental, vision, life insurance, 401K, PTO & FSA.

Compensation: market competitive salaries and annual merit increase and bonus program.

Perks: 11 paid holidays, recognition platform integrated with Amazon, CREW Cares paid volunteering, & professional development opportunities & monthly engagement events.

Differentiators: Tuition Reimbursement, Student Loan Repayment, Calm app, & pet benefits.

Working Conditions & Physical Requirements

Working conditions are those of an “open” office environment, which can require the ability to manage some stress such as noise level from clients, employees, and general office equipment, etc. Daily use of wrists, hands, and fingers to use computer, telephone, fax, copier, and general office equipment. Ability to hear and speak clearly for gathering information. Sitting for extended periods of time (up to 8 hours), standing, and walking up to 20% of work time.

DISCLAIMER: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees in this job. Reasonable accommodation may be made to qualified, disabled individuals for the performance of essential duties and responsibilities.