Portfolio Manager

Pay Range: $65,513 USD to $85,167 USD

Summary:  Responsible for managing a portfolio of loans and partnering with market lenders to deliver quality solutions to our customers. Monitor portfolio and maintain close contact with clients to ensure quality and soundness of all loans. Manage loans through the approval process. This individual is not required to source new business but will focus on converting prospects to satisfied customers while successfully maintaining covenants and monitoring loans on an ongoing basis.

Responsibilities:  include but are not limited to the following. Other duties may be assigned. 

• Monitor and manage client portfolio performance and manage pipeline of activity.
• Liaison between Credit Officers, Credit Analysts, Underwriting, Loan Document Drawing and other business partners in facilitating credit needs of customers through new requests, modifications or annual review and renewals.
• Document and track relevant information and reports to ensure necessary credit approvals are obtained, documented and adhered to from fulfillment through closing and maintenance.
• Attend client/prospect calls with business partners in order to gain thorough understanding of the client/prospect business in order to effectively assist in annual reviews, renewals and prospect conversions.
• Analyze financial statements, identify market risks and collaborate with the Credit Analysts to review spreads and proper loan structuring.
• Manage all assigned loans through to the approval processes, continuously interacting with prospective and existing clients while owning the underwriting process on each specific loan. Present loan requests to Loan Committee
• Conduct reviews of loan covenants and financial data for all loans within assigned portfolio.
• Establish and maintain relationships with current and prospective clients.
• Help resolve credit problems and delinquent payments issues.
• Prepare detailed annual reviews of existing credits as designated.
• Provide an ongoing review of credit quality, changes in risk, compliance with loan covenants and compliance with the Banks credit policy.
• Proactively and effectively monitor portfolio for revenue opportunities and/or loan exposures, initiate change in risk ratings and manage any modifications of loan terms or covenants.
• Ensure that loan files are complete, with all ongoing required documentation in file.
• Coach and assist lenders in working with clients/prospects, including bank policies and processes, during the lending process.
• Comply with applicable laws and regulations as well as the Bank’s written policies and procedures.
• Stay abreast of current industry trends, commercial products, industry rules and regulations.

All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cyber security and risk management best practices, as well as complying with all applicable laws, regulations and organizational policies.

Qualifications and Skills:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education/Experience:

• Bachelor’s degree in accounting, finance or business-related field or equivalent experience required.
• Three to five years’ experience in loan portfolio management including commercial loan documentation.
• Thorough knowledge and understanding of financial statements and accounting standards.
• Must be very familiar with commercial loan processing and origination functions.

 Knowledge/Skills/Abilities:

• Strong business development and sales skills.
• Strong organizational skills and attention to detail.
• Strong customer service orientation and ability to manage customer relationships.
• Ability to think strategically with a balance of detail orientation.
• Professional demeanor with excellent communication, interpersonal skills and conflict resolution skills.
• Ability to problem solve, prioritize tasks and meet required deadlines.
• Ability to think critically and use good, sound judgment in decision-making.
• Ability to respond to common inquiries or complaints from customers, co-workers or vendors.
• Ability to communicate effectively and tactfully, orally and in writing with employees, customers, vendors and management.
• Ability to define problems, collect data, establish facts and draw valid conclusions.
• Must understand and comply with company policies and procedures.
• Ability to maintain a friendly, helpful and courteous attitude when working with customers or co-workers under diverse conditions.
• Ability to accurately and quickly complete standard mathematical calculations.
• Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
• Ability to use a calculator, computer and applicable software.
• Ability to use Microsoft Internet Explorer and Microsoft Office programs, specifically Word, Outlook and Excel.

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must have the ability to lift and carry 25 pounds for a distance of 50 feet. 

NOTE

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.

All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently.

Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others.

The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations and other laws/regulations as applicable.

Benefits: We are dedicated to creating a workplace where all team members feel valued and empowered. Our employee benefits promote well-being and professional growth, including insurance options, retirement plans, and career development opportunities included approved company paid training.  Benefits include paid time off, medical, dental, vision and life insurance, 401(k) plan, tuition assistance, and more.